What You Will Learn
1. Trends and Fraud Reporting: ACFE Report to the Nation

2. The Psychology of White Collar Crime
- why they do what they do
- personality traits to be wary of
- understanding psychological flaws and the impact of adverse life events
- the interviewer’s interaction with different psychological profiles

3. Fraud Schemes
- rogue trading
-- the fall of Bearing Banks, unlearned lessons?
-- lessons learned from Allied Irish Banks
-- Societe Generale: Past, present and futures
- dormant accounts
- is private banking too private?
-- can you know your customer too well
-- privacy concerns
-- infrequent access
- embezzlement
-- cash access
-- value of information
- external frauds
-- asset Valuation and loan fraud
-- identity theft and payment systems: phishing
- what to look for: red flags and patterns
- investigation steps
- prevention and controls
- impact

4. Computer-Assisted Frauds
- social engineering
- network penetration
- spear phishing

5. Legislation
- anti-money laundering
- Foreign Corrupts Practices Act
- sanctions and regulating bodies

6. Managing the Investigation
- terminology
- investigation life cycle
- investigative and interviewing techniques
- trend analysis
- computer-assisted auditing tools
-- continuous auditing
-- statistical analysis
-- variance analysis

7. General Prevention Methodologies
- conflict of interest reporting
- awareness training
- tone at the top
- policies
- fraud awareness programs
- hotline management

8. Victim Psychology
- traits that make financial institutions and their customers vulnerable
- misplaced trust
- social engineering
- corporate culture
- too-good-to-be-true events
- financial sophistication