Financial Institution Fraud (PDF Workbook/Online Video Self-Study)

CPE Credit: 8 
Course Level: Overview
Prerequisite: None


Financial institutions are bombarded with transactions daily. Every new account opened, loan funded, check processed or credit card purchase made has the potential to be fraudulent. Because of this substantial fraud risk, you must be vigilant in protecting both your company and your customers.

Financial Institution Fraud examines the fundamental fraud schemes threatening financial institutions and helps you to detect and prevent them. The key schemes covered include counterfeit check activity, new account fraud, forged instruments, identity theft and kiting. This course also discusses solutions to help detect and prevent such schemes, and it provides guidance on educating employees about fraud and reporting cases to law enforcement.

Course preview:

Table of Contents

Sample Chapter

ACFE Ordering and Return Policy

Please note: To be eligible for CPE credit, you must complete the final exam within one year of purchase date. You may only claim CPE credit for a course once.

Online Video:

Online CPE exam grading available for this course:

Online grading is available for ACFE self-study workbook courses. Complete the course offline at your convenience, but take the exam online the moment you're ready. Featuring instant exam results and a printable certificate, online grading offers a quick and convenient way to earn CPE.

Benefits of online grading include:
Instant exam results
Printable CPE certificate
Complete the course at your own pace
Take the exam online the moment you're ready

Click here for instructions on accessing your online exam.

CPE Information:

You Will Learn How To: 

  • Distinguish between key concepts and terms relating to financial institution fraud
  • Identify the essential components of loss prevention and recovery programs
  • Differentiate between the body of laws and regulations that govern the operations of financial institutions
  • Recognize the common types of identity theft schemes that exploit the services of financial institutions
  • Recognize the characteristics and common variations of fraud schemes that target financial institutions
  • Identify measures to detect and prevent counterfeit check activity
  • Recall various techniques criminals use to forge financial instruments and common measures financial institutions can employ to avoid significant losses from forged instruments
  • Determine effective ways to develop and provide awareness training
  • Discern what processes and procedures are appropriate when reporting financial fraud cases to law enforcement





Online Exam Troubleshooting Guide:

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Do not click that link; instead, allow your browser to automatically open the eLearning window on its own, which should happen after a few seconds. This will log you in automatically so that you can access your online exam.

Other Troubleshooting Tips: If you encounter other errors, such as courses freezing or crashing, we recommend taking the following action:

Try a different browser. ACFE exams are designed to run on all modern web browsers, but if you encounter a problem that is not solved using one of the suggestions above, you can try using a different web browser to see if it eliminates the problem. We have most frequently seen where using Mozilla Firefox or Google Chrome has resolved an issue that was seen in Internet Explorer.

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