About this course
Given that trillions of dollars’ worth of assets move through financial institutions on a daily basis, it is not surprising that these organisations are among the top targets of fraud. The risk of fraud against financial institutions comes from every direction—customers, corrupt employees, and anonymous third parties.This course explores fraud schemes against financial institutions and recommends controls and techniques designed to prevent and detect each type of scheme. The specific schemes include embezzlement and internal fraud, customer schemes, loan fraud, fraud by third parties, money laundering, and institutional schemes.
By completing this course, you will understand how to:
- recognise common internal, external, institutional, and money laundering fraud schemes at depository institutions
- identify the legal elements of fraudulent conduct against financial institutions
- recognise the factors involved in planning and conducting a financial fraud risk assessment
- determine the relevant internal controls and policies needed to prevent fraud committed against the institution.
Key information
- CPD certificate is available upon successful completion of the course.
- e-learning developed by Association of Certified Fraud Examiners.
