Financial Crime Prevention and Investigation

This course is designed for anyone seeking to understand the roots of financial crime and how to protect their organization from its damaging effects. It is ideal for:

• Managers
• Supervisors
• Team Leaders
• Employees at all levels
• Anyone with an interest in financial crime and money laundering prevention

Day 1: Understanding Financial Crime

• What is Financial Crime?
  • Definition and types of financial crime.
• Impact of Financial Crime
  • How financial crime damages businesses and the economy worldwide.
• Causes of Financial Crime
  • Why individuals commit financial crime.
• What is Money Laundering?
  • Techniques and processes involved in money laundering.

Day 2: Starting the Investigation

• Understanding Fraud
  • Types of fraud and its key characteristics.
• Identifying Financial Crime
  • Recognizing the red flags of financial crime.
• Combating Financial Crime and Money Laundering
  • Best practices and strategies to prevent financial crime.
• Investigative Resources
  • Tools and resources available to investigate financial crime.
• Creating an Anti-Financial Crime Culture
  • How to instill a culture that resists financial crime within your business.

Day 3: The Digital World of Financial Crime

• Fraud in the Digital Age
  • The role of computers, laptops, and emails in financial crime.
• The Dark Web and Organized Crime
  • Understanding how the dark web and criminal organizations affect financial crimes.
• Security Concerns in the Digital Age
  • Are all things hackable? The risks associated with digital platforms.
• Biometrics and Security
  • The role of biometrics in securing financial systems: Is it secure?

Day 4: Prevention, Detection, and Investigation Techniques

• Prevention, Detection, and Investigation: What's the Difference?
  • Understanding the distinct roles and techniques for each stage.
• Techniques for Prevention
  • Effective methods to prevent financial crime.
• Techniques for Detection
  • How to identify and detect financial crime in your organization.
• Whistleblowing
  • How whistleblowing can be used as a tool for detecting fraud.
• Internal vs. External Hotlines
  • Pros and cons of implementing internal and external whistleblower hotlines.
• Thinking Like a Criminal
  • Putting yourself in the mind of a criminal to understand their behavior and tactics.

Day 5: Advanced Investigation Techniques

• Gathering Evidence
  • The importance of evidence and how to collect it.
• Forensic Investigation
  • What forensic investigations entail and who should be involved.
• Conducting the Investigation
  • A step-by-step approach to investigating financial crime.
• Interviewing Witnesses and Suspects
  • Techniques for interviewing, and understanding the difference between the two.
• ADVOKATE