The Complete Fraud Awareness Diploma

Fraud Detection Certificate Course

Fundamental Concepts of Fraud Certificate Course

The term “fraud” refers to any crime that entails a violation of trust or deliberate deception. It can take many forms and is often committed by people who, at first glance, would appear unlikely culprits.

In this course, you will gain an overview of the practical and psychological aspects of fraud. You will learn what distinguishes fraud from other types of crime. This course focuses primarily on financial fraud and how it occurs in a business setting.

You Will Learn:

• The differences between internal and external fraud and an overview of financial statement fraud
• The typical characteristics of someone who commits fraud
• The three main elements of fraud and how some of the most common types of fraud work
• The three points at which fraud can occur within a company
• The two main categories of fraud and how fraud can destroy a business

Benefits of Taking This Course:

• Learning about fraud can help you protect yourself against it, whether you are an employee or worker
• If you are responsible for drawing up financial policies as part of your job, this course will help you decide which checks to put in place and how to enforce them
• If you have been a victim of 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

Global Anti-bribery and Corruption Course

Bribery and corruption are massive problems facing almost every industry across the globe.

These unethical business practices can create unfair competition, and they are also against UK and international legislation. There are huge consequences for those individuals who fail to implement proper policies and procedures, especially in high-risk companies and industries. In fact, simply failing to have ‘adequate procedures’ in place can put the company involved at risk of criminal prosecution.

Understanding more about local and international anti-bribery and corruption rules, laws and regulations can help ensure that your company is compliant and continues to run ethically.

This course provides you with detailed information regarding global anti-bribery and corruption rules and polices, with a focus on the importance of compliance with both international laws and the UK Bribery Act 2010.

The course begins by defining bribery and corruption.

Next, it discusses the difference between bribes and gifts, to ensure that you remain on the right side of the law in this respect. It then moves on to talk about the six principles of anti-bribery that all organisations must keep in mind.

Finally, we review additional bribery and corruption prevention tactics.

You will Learn:

• Examples and definitions of bribes and corruption as they relate to politics and business.
• How a gift is different form a bribe and when to tell which you are giving/receiving.
• The importance of policies coming from the top-down, especially when it comes to corruption.
• Why you need to ensure that you clearly communicate these policies to all staff members.
• How focusing on running an ethical business can prevent bribery and corruption from occurring.
• The importance of proper record keeping and bookkeeping.

Benefits of taking this Course

• Understanding how bribery and corruption are treated in the UK, as well as across the globe.
• What to do if you are uncertain if you are giving/receiving a gift or a bribe.
• Understanding the importance of ongoing due diligence.
• Learning why communication and education are the best ways in which to avoid bribery and corruption.
• Learning more about ethical business practices.

Identity Theft Awareness Certification Course

Most people are aware that identity theft is a major problem, but most of us do not fully appreciate how easy it is for criminals to steal someone’s personal details and use them to commit fraud.

In this course, you will gain a solid understanding of how identity theft happens, what you can do to prevent it and the exact steps you need to take if you know or suspect that someone has stolen your information.

You Will Learn:

• The difference between identity theft and identity fraud and why it can have serious, long-term effects for victims
• Practical ways to safeguard your identity and the extra precautions you should take when moving home
• Protective measures that will keep your personal information private and how technology can leave you vulnerable to identity theft
• What to do if someone has stolen your identity
• The most common means by which criminals commit identity theft

Benefits of Taking This Course:

• By understanding how identity theft occurs, you can reduce the risk that it will happen to you
• This course will help you protect potentially vulnerable people, such as elderly relatives, against identity theft
• By knowing in advance what to do if you become a victim, you will be able to act promptly to ensure the situation does not escalate
• If you are responsible for safety and security at work – perhaps in an HR-related role - this course may help you make appropriate recommendations to promote everyone’s safety

The HMT Sanctions List and Customer Identification Course

HM Treasury maintains comprehensive records of all persons and entities currently subject to sanctions. This means that they face financial restrictions, usually on the basis of their links with terrorist activity or human rights abuse.

If you run a business, you need to make sure that you do not handle money or assets owned by sanctioned parties, or enter into an arrangement whereby you grant them access to funds. To do so is a criminal offence.

In this course, you will learn how financial sanctions work and how to meet your duties under the law.

You Will Learn:

• How financial sanctions work and the purpose and scope of the UK financial sanctions regime
• The scope and purpose of the Consolidated List and the UK Investment Ban List
• The parties responsible for maintaining these lists and how to use target and name matches to ensure that you do not engage in any transactions with individuals and entities named on the list
• How to verify customers’ identity, and the information you should collect when undertaking transactions

Benefits of Taking This Course:

• If you are a business owner, you will benefit from learning how to avoid conducting business with sanctioned parties
• If you are responsible for financial transactions as part of your job, you will benefit from learning how to verify a customer’s identity and check whether they are currently facing sanctions
• If you work in the financial sector, this course will provide you with a good introduction to sanctions
• If you work in the public sector, you may benefit from furthering your understanding of how the Financial Conduct Authority (FCA), the Treasury and other bodies work together to combat crime

The Human Element of Fraud Certificate Course

Fraud can occur in any sector and it is important that employers and workers alike understand the technicalities and practical implications involved.

However, most people overlook the human element of fraudulent activity, despite the fact that the psychology of fraud can help us prevent it happening in the first place. In this course, you will learn why some people commit fraud, how they rationalise their own actions and the motives underpinning criminal activity in general.

What You Will Learn:

• The traits and characteristics of individuals most likely to commit fraud
• Six reasons people commit fraud and why otherwise law-abiding citizens may become fraudsters
• The six primary motives that drive people to commit crime
• The six most common rationales behind a decision to commit fraud, including the belief that “everyone else does it”
• How the Fraud Triangle helps law enforcement investigate fraud, and how the work of Freud can help you gain insight into the psychology of fraud

Benefits of Taking This Course:

• This course will help you ascertain the relative risk of fraud occurring within your organisation
• Understanding why some people feel compelled to commit fraud can help you reduce the risk, for example by redesigning the working environment or work processes
• If you have been defrauded by someone you never suspected would commit such a crime, this course may help you identify their motives
• If you have an interest in forensic psychology, you will benefit from this insight into the motives underpinning criminal activity

The Proceeds of Crime and Terrorism Acts Certificate Course

The Proceeds of Crime Act (POCA) 2002 and the Terrorism Act (TACT) 2000 are key pieces of legislation that were drawn up to assist the UK government to identify instances of money laundering and terrorist activity.

These laws also lay out a set of obligations for those who suspect they may have come across money laundering or financial activity relating to terrorism. In this course, you will learn about the main points of both Acts and the practical ramifications for business owners.

You Will Learn:

• The purpose and scope of the Proceeds of Crime Act (POCA) 2002 and the Terrorism Act (TACT) 2000
• The five obligations set out by the UK money laundering regulations, including the duty to keep proper records and providing staff with appropriate training
• How money laundering and terrorism are connected and the main points within the TACT legislation

Benefits of Taking This Course:

• If you are a business owner in the UK, this course will help you meet your obligations under money laundering and anti-terror laws
• If you are a nominated officer at your place of work, this course will help you understand your responsibilities and decide when and how to make a report
• If you work in the financial sector, you will benefit from this insight into two key pieces of legislation that prevent and penalise money laundering
• If you are interested in the impact of terrorism on society and commerce, this course will provide you with useful background information on how UK legislation attempts to identify and tackle terrorist action

What is Money Laundering? Course

The term “money laundering” is any process that conceals the origins of money obtained by illegal means. It makes money “clean” by rendering it untraceable. Money laundering is a serious offence, as it allows people to make money from crime.

In this course, you will learn how money laundering works, how to identify the warning signs of money laundering and how organisations work to prevent it.

You Will Learn:

• How money laundering occurs, why it is illegal and why it is of particular concern to the financial services industry
• The three steps criminals typically use when money laundering and how they avoid getting caught
• The techniques people commonly use to launder money
• How the law and enforcing bodies help reduce money laundering, and the role of the Financial Action Task Force (FATF)
• The warning signs you need to look for if you suspect a customer or someone you know of money laundering

Benefits of Taking This Course:

• If you work in the financial sector, this course will provide you with a comprehensive introduction to the problem of money laundering
• If you are interested in financial law, you will benefit from this introduction to a major, ongoing problem in the financial services industry
• If you work in another sector in which large transactions are a regular part of day-to-day business, this course will teach you how to identify potential money laundering schemes so you can report them to the relevant authorities in a timely manner

The course is broken down into 0 individual modules. Each module takes between 20 and 90 minutes on average to study. Although you are free to spend as much or as little time as you feel necessary on each module, simply log in and out of the course at your convenience.

You can study the course any time you like. Simply log in and out of the web based course as often as you require. The course is compatible with all computers, tablet devices and smart phones so you can even study while on the move!

Once you have completed all 0 modules there is a multiple choice test. The questions will be on a range of topics found within the 0 modules. The test, like the course, is online and can be taken a time and location of your choosing.

The pass mark for the test is 70%.

If you don’t pass the test first time you will get further opportunities to take the test again after extra study. There are no limits to the number of times you can take the test. All test retakes are included within the price of the course.

Once you have completed your test you can log in to your account and download/print your certificate any time you need it. If you would prefer us to post you a certificate to a UK address, there will be an admin charge of £10 (certificates sent internationally may cost more).

You can either use your Visa, MasterCard, American Express, Solo cards or PayPal account to pay for the online course. Our site uses the latest SSL encryption to ensure your safety. All payments are handled securely by PayPal.

You can begin the course immediately after your payment has been received. You will create your login details during the checkout process. We will also send you an email confirming your login details.

We estimate that the course will take about 7.5 hours to complete in total, plus an additional 30 minutes for the end of course test.

Once you have been awarded your certificate it is valid for life. The certificate does not expire or need renewing.