Payment Fraud

Image of a hand with various payment related icons floating above it on a laptop screen
Course Level
Delivered via
4 Credits


Consumers and organizations have many options when it comes to paying for goods and services in a fast-paced world. Countless payment methods, ranging from cash to cryptocurrency, allow for online or in-person purchases. As payment options grow, so do the variety of fraudulent schemes aimed at exploiting these opportunities. Fraud examiners must ensure that their knowledge of traditional payment schemes, such as check and payment card (i.e., credit or debit card) fraud, is supplemented with an understanding of the newer schemes that electronic and mobile payments attract.

In this course, you will learn about different payment methods and examine the prevalent fraud schemes and red flags associated with each. Additionally, this course will reference the laws and regulations in place and provide investigators, consumers and merchants with tips to help you prevent and detect payment fraud. 



You Will Learn How To:

Identify the laws and regulations in place to help prevent and detect payment fraud

Link the different payment methods and the risks associated with each

Recall techniques to detect and prevent payment fraud

Recognize the array of payment fraud schemes and red flags

Table of Contents

Lesson 1 Introduction
Lesson 2 Check Fraud
Lesson 3 Payment Card Fraud
Lesson 4 Electronic Funds Transfer Fraud
Lesson 5 Mobile Payment Fraud
Lesson 6 Cryptocurrency Fraud
Lesson 7 Emerging Trends and Payment Technologies

CPE Information

CPE Credit: 4
NASBA Information: Accounting
Advanced Preparation: None
Last Updated: October 2022
Delivery Method: QAS Self-Study


CPE Credit

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.

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System Requirements:

  • Internet access: High-speed connection recommended
  • Speakers required for video sound

The Association of Certified Fraud Examiners, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:


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