Fraud including Credit Card Fraud and Suspicious Transactions Course

• We have been delivering training for over 20 years and this is one of our core competencies. We believe we are experts on this topic and having delivered training to a wide range of firms and businesses, we are certain we know the topic as well as anyone in the market place
• Your course director is a highly successful and experienced executive who will pass on past experiences and “war stories” generally to enhance the workshop and help bring it to life
• We do not use academics. All our trainers are highly experienced professionals with relevant vocational experience in the real world
• We have delivered many fraud and financial crime courses over the last few years and have a very clear understanding of what may be contributing to the fraud. In addition, participant feedback informs us in both a precise and timely manner what the changing regulatory imperatives are over time.
• We have developed highly interactive and very enjoyable case studies to enhance the learning points. All delegates report that these are a high point
• We are always judged by our results which speak for themselves and the feedback received from previous delegates has always been excellent

• The aim of the Course is to provide fraud managers and others to obtain a wider understanding of risk management within the context of external fraud.
• The delegates will have the ability to understand fraud risk in the wider context of enterprise risk management and business in general.
• If you are responsible for drawing up financial policies as part of your job, this course will help you decide which checks/framework to put in place and how to enforce them
• If you have been investigating or det4ecting fraud, this course may help you understand the perpetrator’s motives and the various factors that prompted their actions
• This course will help you identify suspicious behaviour, which in turn will allow you to play your part in tackling this common crime.
• This will include the ability to conduct a fraud risk assessment and manage the findings.

• So You Have A Fraud Situation, Really?
• What’s the difference between fraud and bribery/blackmail?
• 11 Common Types of Credit Card fraud & crimes
• 8 Types of identity theft and ways to spot them
• Definitions, types of fraud, scale and typologies

• AML MLR 2017 S33, 37 & 38 – What Makes A Suspicious Transaction?
• Difference between Suspicious Activity & Suspicious Transactions.
• 19 Red Flags for AML/CTF
• Where are Suspicious Transactions identified?
• CDD & EDD Monitoring
• The legal requirement to monitor Suspicious Transactions.
• Suspicious transactions, involving;
• Investment Fraud
• Loan/Credit card application fraud
• Other miscellaneous fraud

• The Modern Fraud Risk Management Framework
• The drivers of financial crime, offending and the types of financial crime commonly encountered.
• The international frameworks designed to help counter financial crime.
• How will 2FA beat Card Fraud?

• The Fraud Triangle
• The people problem: motives and behavioural issues behind fraud – the Fraud Triangle, who commits fraud and why
• Role of directors and Responsibilities of senior managers for fraud prevention and detection.
• The role and responsibilities of auditors in fraud prevention and detection.

• Workshop of scenarios (with PM break as appropriate)
• 11 most common forms of credit card fraud.
• Application Fraud
• Electronic or Manual Credit Card Imprints
• CNP (Card Not Present) Fraud
• Counterfeit Card Fraud
• Lost and Stolen Card Fraud
• Card ID Theft
• Mail Non-Receipt Card Fraud
• Doctored Cards
• Fake Cards
• Account Takeover
• Quiz: Are They A PEP or Not a PEP?

• Assumed Identity involving some or all of the following 8 types of identity theft;
• Financial Identity Theft
• Driver’s License Identity Theft
• Criminal Identity Theft
• Social Security/Gravestone Identity Theft
• Medical Identity Theft
• Insurance Identity Theft
• Child Identity Theft
• Synthetic Identity Theft.

Public Course

Future Dates Not Yet Available

Face to Face In-House

This course can be tailored and presented in-house at your location for 3 or more participants.

From £850