Level 2 Anti-Fraud and Money Laundering Prevention Diploma

Level 2 Anti-Fraud and Money Laundering Prevention Diploma
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Give your business a helping hand, by learning more about fraud and being able to identify it within the workplace. As a business, the idea of fraud – at any level – can have devastating effects, costing the business enormously, no matter how big or small the enterprise. Whether you own your own company, or you’re in a management position, understanding fraud is absolutely essential, and with this online course, you will be able to learn all you need to know.

Twenty-Five Manageable Modules

Broken down into 25 packed modules, all delivered online as part of the easy-to-navigate courseware, the Fraud Awareness certification can be completed in between 10 and 15 hours. Take as long as you need, because there are no deadlines, and pass the multiple choice assessment (70% pass rate) to be able to add this invaluable qualification to your CV.

From the fundamental concepts and fraud analysis to the five step fraud management process, this comprehensive course will help you to understand fraud in its entirety, and can help you to save your business millions by learning how to spot and prevent fraud from taking place. Don’t allow your business to fall victim of fraud and money laundering – take the necessary preventative steps today, by signing up to our Fraud Awareness diploma.

Key Learning Points

This course would be ideal for anyone who wished to work within the fraud department of a business, or any business owner who would benefit from the information offered by signing up to the course. There are no entry requirements.

  • Get to grips with some of the fundamental concepts related to fraud, and learn how to identify both internal and external fraud.
  • Understand more about the human element of fraud, including reasoning, motivation and rationalisation.
  • Learn more about the various types of financial crime.
  • Take a look at the five methods that can be used to complete fraud analysis, and get to grips with the analytical process, including what to look for and risk assessment.
  • Recognise the various fraud methodologies, particularly identity theft and how this can be prevented. Understand more about bank fraud, bribery and corruption in the UK.
  • Gain insight into some of the various trends relating to fraud, including gambling, money laundering and wealth correlations.
  • Learn more about the five step fraud management process, and appreciate how fraud can be detected.
  • Take a look at some of the fraud solutions, including raising awareness, setting up reporting programmes and knowing your employees.
  • Understand more about the investigative process.
  • Define money laundering, its regulations and the various methods that are associated with the process.
  • Get to grips with the Process of Crime and Terrorism Acts in the UK, and know what the HMT sanctions list is and how it can be used.
  • Appreciate the importance of record keeping, reporting and staff training, and gain valuable insight into the various policies and procedures that should be in place.

Advantages of the Course

  • Study online for complete convenience and flexibility. There are no deadlines, so take as long as you need.
  • Courseware is accessible around the clock, and compatible with all devices, so you can learn on the go as well as at home.
  • Refer to the course material at any time thanks to the 12month access.
  • Learn more about this imperative topic, and help your business to take preventative measures to protect themselves against this devastating action.

There’s no need to fake it in your career when you can bag this fantastic fraud awareness course today!


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Fraud Investigator (United Kingdom)
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This course is CPD certified. 

Fundamental Concepts
  • Definition of fraud
  • Internal vs external fraud
  • Offender profiles
  • Elements and Types of fraud
The Human Element of Fraud
  • Studies
  • Reasoning
  • Why good people become fraudsters
  • Motivation and rationalisation
Financial Crime
  • What is financial crime.
  • Who commits financial crimes
  • Types of financial crimes.
  • Common financial crimes
Fraud Analysis
  • What is fraud analysis
  • 5 Analysis methods to use
  • Benefits
  • Monitoring
The Analytical Process
  • Risk areas
  • Common occurrences
  • What to look for
  • Analytical System
  • Types of fraud
  • Process of detection
  • Common Fraud Techniques
  • Dealing with fraudulent employees
Identity Theft
  • What is identity theft
  • Identity fraud
  • How to prevent identity theft
  • What to do if you are a victim of identity theft
Correlation, Trend Analysis
  • Fraud and money laundering correlation
  • Fraud and gambling
  • Fraud and wealth
  • Motivation
The Fraud Management Process
  • Five step management process
  • Fraud risk governance
  • Fraud risk assessment
  • Prevention and detection
Bribery and Corruption
  • Definition
  • Biggest bribe cases in business
  • UK Bribery Law
  • What is corruption
Fraud Detection
  • What is fraud
  • Fraud detection
  • Predicting rare events
  • Anomalies
Fraud Solutions
  • The importance of knowing your employees
  • Set up a reporting system and raise awareness
  • Internal control implementation
  • Monitor employees leave
Taking Action
  • Suspect fraud
  • Fraud victim
  • Plan preventative strategy
  • Plan detection strategy
Bank Fraud
  • Definition of bank fraud
  • Types of bank fraud
  • Prevention
  • Understanding bank fraud
The Investigative Process
  • Fraud risks for companies
  • The 5 step process
  • Who to include in the investigative team
  • Conducting fieldwork
New Fraud Tools
  • Tools you may already own
  • Active data - add on for Excel
  • Fraud.net
  • Kount Complete
What is Money Laundering?
  • What is money laundering
  • How money laundering occurs
  • What makes money laundering illegal
  • 3 Stage Process
Methods of Money Laundering
  • Crime proceeds
  • Common money laundering methods
  • Red flags, what to look for
  • Methods to stop money laundering
An Introduction to Money Laundering Regulations
  • Who does money laundering regulations apply to
  • When you don't need to register
  • Identifying risks
  • Reporting
The Proceeds of Crime and Terrorism Acts
  • Introduction to the Proceeds of Crime Act 2002
  • Introduction to the Terrorism Act 2000
  • Reporting obligations
  • Money laundering regulations
The HMT Sanctions List and Client Identification
  • The Financial Regime
  • Understanding financial sanctions
  • Reporting to HM Treasury
  • What client information you need to collect
The Financial Services and Markets Act
  • What is it
  • Companies regulated under the Act
  • Regulatory framework
  • The Financial Services Authority
Record Keeping and Training
  • General record keeping requirements
  • Failure to disclose accurate financial records
  • Financial reporting standard
  • Staff training
Disclosure to the NCA
  • What is the NCA
  • How differs regular police force
  • SAR system
  • Obtaining consent from NCA
Internal Reporting / Staff Training
  • Staff training
  • What to include
  • Internal reporting procedures
  • Policies and procedures with sample document
Course Code
Online Course
Course Access
1 Year
Exams Included
1 gigahertz (GHz)
1 GB
Operating Systems
Windows 7
Windows 8
Windows 10
Mac OS
Internet Explorer 8 or above
Google Chrome
Safari 8
Mozilla Firefox
Windows, Mac, iPhone, iPad
Cyber Security Diagnostic Test