A fraud investigation is a thorough and objective, fact-gathering process conducted to determine whether or not a fraud-related crime was committed. Evidence is collected during this process to establish facts, inform findings, protect victims, and build a case which may potentially culminate in a criminal and/or civil action.
Fraud investigations are a specific type of investigation conducted to determine whether a fraud-related crime was committed. Public attention to the phenomenon fraud investigations increased following a series of public company frauds in the early 2000s (Coenen 2009, xv). Many of those crimes are listed among the “Ten Biggest Frauds in Recent U.S. History” and include Enron in 2001, Tyco International and WorldCom in 2002, and HealthSouth in 2003 (Forbes 2017).
There are many different types of frauds in existence. Overall, there are types of frauds that can be perpetrated across several industries, such as check fraud, and frauds that...
KeywordsFraud Investigations Investigative process Insider threat Fraud examination Investigative plan Evidence collection Follow the money Intelligence gathering
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