Fraud Prevention Training for Managers

Fraud can be committed against an individual, company or its customers. It is both a crime itself and a predicate offence to money laundering.

Any funds generated by fraud are the proceeds of crime and handling them exposes your company to the risk of money laundering.

Our Fraud Prevention Training for Managers Course teaches your managers how to identify and prevent fraud in your company by understanding the triggers and early warning indicators.

We also have a Fraud Prevention Course for all staff.

About this Course

Available as part of our Compliance Essentials Library.

Learning Objectives

This course will prepare your managers to:

Define fraud and recognise its consequences
Identify the types of fraud to which our Company may be exposed
Apply our policies and rules correctly to prevent internal and external fraud
Recognise fraud indicators and red flags
Know how and when to report actual or suspected fraud
Recognise your responsibilities as a manager

Latest Course Updates

Course redesigned with a more modern feel
Full review conducted by a fraud prevention expert
Text & image updates throughout the course
20 updated news stories to illustrate key fraud issues
18 updated activities & scenarios
Updated post-course assessment

Course Outline

Introduction

Understanding fraud

What is fraud?

- How serious is the threat?
- Who could commit fraud?
- What do you think?

Company anti-fraud policy

- Our zero-tolerance approach
- You make the call: Report or not?

Identity fraud

- How criminals steal identities
- Best practice for preventing identity fraud
- You make the call: Is it suspicious or not?
- Scenario: The debit card

Online fraud

- Online fraud examples
- Best practice for fighting cybercrime
- Scenario: Cybercrime risks
- Scenario: The suspected hack
- Types of payment fraud

Corporate fraud

- False accounting fraud
- Best practice for preventing corporate fraud
- You make the call: Red flags for corporate fraud
- Scenario: Rick's request

Employee fraud

- Employee fraud examples
- Best practice for preventing employee fraud
- Scenario: Mr Jardine calls
- Scenario: Preventing employee-supplier collusion
- Scenario: Sickness absence

Customer fraud

- Customer fraud examples
- Best practice for preventing customer fraud
- Scenario: Phil's customer
- Scenario: The online store

Supplier fraud

- Best practice for preventing supplier fraud
- Supplier fraud examples
- Scenario: Jade spots a discrepancy

The Fraud Act

- Other offences
- Penalties and prosecutions

Preventing fraud

- The Fraud Triangle
- You make the call: Identifying elements of the Fraud Triangle
- Reporting and whistleblowing
- You make the call: Reporting fraud

Summary

Affirmation

Assessment

Course Specifications

Structure

Approximately 60-minute long e-learning course followed by a 10-question assessment.

Audience

Suitable for all staff - examples and interactivities designed for staff at all levels. No previous knowledge or experience required.

Design

SHARD-compliant, responsive display on all devices, accessibility on screen readers, visual design controlled via a client style sheet.

Compatibility

All Windows, Mac OSX, iOS, Android (Flash-free for mobile compatibility). AICC and SCORM 1.2-compliant, suitable for both hosted and deployed SCORM or AICC.