Exposing Fraud ─ Skills, Process and Practicalities

Exposing Fraud: Skills, Process and Practicalities is a working resource book, containing practical advice on how to conduct a fraud investigation, combined with a solid background of essential theories, the law, and related definitions.

Highly-regarded anti-fraud expert and trainers Ian Ross and Jose Chacko go beyond the basic techniques of fraud investigation, and show the reader how to apply those techniques effectively in real-life situations. Fraud investigators will be given the tools to investigate criminals who may be running multiple scams at the same time; they will find out how to manage an investigation and gather evidence to achieve the best possible outcome; finally, they will be shown how to take into consideration the cultural and psychological factors which influence fraudsters, as well as those factors which may represent a stumbling block to their own effectiveness.

Topics covered include:

• key fraud definitions
• key types and variants of fraud, including cyber fraud
• concepts of fraud behaviour: the psychology of fraud, impulsive fraud, systemic fraud, organised fraud
• conducting investigations: aims and objectives, essential skills, effective resourcing, ethical conduct, overcoming personal or cultural barriers, and appraising the corporate culture
• the importance of data analysis in fraud detection
• techniques in data analysis for fraud detection
• responses to fraud: dealing with fraud behaviour rather than type, handling intelligence and assessing evidence, dealing with different levels of fraud, from ‘one-hit’ cases through to complex investigations
• investigative interviewing: objectives, information capture, overcoming problems such as relevance filtering and confirmation bias, the PEACE model of interviewing, and avoiding false confessions
• prioritising and presenting the evidence: avoiding ‘bad duplication’, promoting data integrity, and reporting effectively
• case outcome and disposal; recovery of losses, civil and/or criminal proceedings
• managing the business risk of fraud

IAN ROSS MSC, CFE, CICA, IAiP, is Regional Director: GIF Consultora, Full Associate of the International Academy of Investigative Psychology and an Accredited Expert Witness. He is a highly respected global trainer specialising in financial fraud, investigative interviewing skills, money laundering and corporate corruption.