Fraud costs the United Kingdom a reported L198 billion per year and the Crime Survey for England and Wales (March 2016) estimates that there are over 5 million incidents of fraud and 2 million cyber-related crimes committed annually. Preventing and investigating fraud has become a priority for police officers and establishing successful, effective strategies to tackle this new volume crime represents a significant and persistent challenge for the police service. Investigation of Fraud and Economic Crime is written by experts from, and affiliated to, the City of London Police, the lead force for fraud in the UK and home to Action Fraud and the National Fraud Intelligence Bureau (NFIB). It offers practical, straightforward advice to law enforcement agencies dealing with fraud and economic crimes. The book identifies more than fiftty different types of fraud and sets out the different strategic and tactical considerations in preventing, investigating, and disrupting each one. At the centre of the book is the Fraud Investigation Model (FIM), an effective framework encompassing multiagency working, recovery of evidence and victim management, as well as a range of useful features designed to demystify fraud terminology and provide accessible operational guidance. These include key point boxes, highlighting important learning points and investigation best practice; definition boxes, to cut through legal terminology and connect the law to everyday police work; and flow charts, which tackle complex operational and legal procedures and break them down into simple, easy to follow steps.

Fraud costs the United Kingdom a reported £198 billion per year and the Crime Survey for England and Wales (March 2016) estimates that there are over 5 million incidents of fraud and 2 million cyber-related crimes committed annually. Preventing and investigating fraud has become a priority for police officers and establishing successful, effective strategies to tackle this new volume crime represents a significant and persistent challenge for the police service. Investigation of Fraud and Economic Crime is written by experts from, and affiliated to, the City of London Police, the lead force for fraud in the UK and home to Action Fraud and the National Fraud Intelligence Bureau (NFIB). It offers practical, straightforward advice to law enforcement agencies dealing with fraud and economic crimes. The book identifies more than fiftty different types of fraud and sets out the different strategic and tactical considerations in preventing, investigating, and disrupting each one. At the centre of the book is the Fraud Investigation Model (FIM), an effective framework encompassing multiagency working, recovery of evidence and victim management, as well as a range of useful features designed to demystify fraud terminology and provide accessible operational guidance. These include key point boxes, highlighting important learning points and investigation best practice; definition boxes, to cut through legal terminology and connect the law to everyday police work; and flow charts, which tackle complex operational and legal procedures and break them down into simple, easy to follow steps--from publisher's website.

The indispensable guide to detecting and solving financial crime inthe office Low-level financial crimes are a fact of life in the modernworkplace. Individually these crimes are rarely significant enoughto warrant the hiring of professional investigators, but if leftunchecked, small crimes add up to big losses. In companies withoutdedicated fraud investigators, detecting and solving low-levelcrimes generally falls to managers and internal auditors. FinancialCrime Investigation and Control offers tips, tools, and techniquesto help professionals who lack investigative experience stem thetide of small financial crimes before it becomes a tsunami. Inside you'll find expert guidance on investigating and uncoveringcommon types of fraud, including: * Credit card fraud * Consumer fraud * Kickbacks * Bid rigging * Inflated invoices * Inventory theft * Theft of cash * Travel and subsistence claims * Check fraud * ID fraud * Ghost employees * Misappropriation schemes * Computer-related crime * Financial statement fraud

This handbook covers economic crime investigations, with practical analysis of economic crimes against business, investors, consumers and those affecting public health and safety. Included are discussions of fraud, embezzlement, business scams, and computer crimes, plus appendices highlighting the practical aspects in the investigation of economic crimes.

As economic crimes continue to increase, accountants and law enforcement personnel must be vigilant in expanding their knowledge of ways to detect these clandestine operations. Written by a retired IRS agent with more than twenty years of experience, Financial Investigation and Forensic Accounting, Third Edition offers a complete examination of the current methods and legal considerations involved in the detection and prosecution of economic crimes. Explores a range of crimes Following an overview of the economic cost of crime, the book examines different types of offenses with a financial element, ranging from arson to tax evasion. It explores offshore activities and the means criminals use to hide their ill-gotten gains. The author provides a thorough review of evidentiary rules as well as the protocol involved in search warrants. He examines the two modalities used to prove financial crime: the Net Worth Method and the Expenditure Theory, and presents an example scenario based on real-life incidents. Organized crime and consumer fraud Additional topics include organized crime and money laundering — with profiles of the most nefarious cartels — consumer and business fraud and the different schemes that befall the unwary, computer crimes, and issues surrounding banking and finance. The book also presents focused and concrete advice on trial preparation and specific accounting and audit techniques. New chapters in the third edition New material enhances this third edition, including new chapters on investigative interview analysis and document examination, as well as advice for fraud examiners working on private cases, including the preparation of an engagement letter.

This book discusses private policing conducted by fraud examiners and financial crime specialists when there is suspicion of white-collar crime. The theory of convenience applies to the suspected crime, while the maturity model applies to the conducted investigation. Private policing of economic crime by fraud examiners in internal investigations is a topic of increasing concern as there is a growing business for law firms and auditing firms to conduct inquiries and reviews when there is suspicion of misconduct, wrongdoing, and crime by white-collar offenders. The key features of this book are the application of a structural model for convenience theory and the application of a maturity model for fraud examinations. The structural model assesses convenience themes for motive, opportunity, and willingness in each case study, while the maturity model assesses the level of private policing maturity in fraud examinations. For the first time, two emerging frameworks to study white-collar offenses and private policing maturity are introduced and applied to a number of cases from Denmark, Iceland, Moldova, the Netherlands, Norway, Sweden, and Switzerland. This book will be essential to those studying law, business, and criminology, as well as practicing fraud examiners.