Fraud Investigation And Detection

Increasingly, Investigators, Risk Managers, Lawyers. HR Specialist, Auditors and Senior Managers are under pressure to produce results in the fight against fraud, while minimizing costs an disruption, and to:

• Enhance stakeholder value by preventing and recovering losses
• Comply with legislation such as Anti Money Laundering
• Defend regulatory actions and hostile litigation
• Establish an effective deterrent against all forms of fraud

This means that scarce resources must be optimized and ensuring that effective solutions are not compromised or disregarded through a misunderstanding of the law or weakness.

Organizations must know what the law allows them to do in the fight against fraud, set clear objectives, align management’s expectation, and then to take the toughest line possible. The hard truth is that the majority of fraud victims never get their money back.

Prosecutions falter because of ineffective investigation processes and resources. Problems are made worse by ambivalence on the part of some senior managers who focus on short term spin rather than on the absolute requirements to establish the facts before dealing effectively with them.

What You Will Learn:

• Register and plan an important investigation
• Conducting investigation within the law and to the maximum effect
• Develop accurate Fraud Theories, Focus Lists and Investigations Plans
• Prepare effective schedules and evidence summaries
• Optimize the benefits of computer and other forensic services
• Detecting and deal with lies
• Prepare for important interviews and meetings
• Interview suspects and obtains admissions and confessions
• Assemble and present evidence to management
• Trace and recover assets
• Malaysia Legislation and Police Report