In this information packed 16-hour course, students will be provided with the most up to date information, techniques, and trends relating to fraud and financial crimes. Topics covered in this fraud and financial crimes investigations training class will include: fraud definitions and terms, identity and synthetic identity theft, forged and counterfeit documents, money laundering, bribery, instruments used to commit fraud, and the latest fraud and financial crime schemes and scams. This course is designed especially for patrol officers, detectives, and field or detective sergeants.
Financial Crimes and Fraud Schemes
Identity and Synthetic Identity Theft
Instruments Used to Commit Fraud
Forged and Counterfeit Documents
Automated Clearing House (ACH) Protocols
Bank Secrecy Act and Suspicious Activity Reports (SAR)
Statement of Purpose
To provide students with the instruction and guidance to successfully identify and investigate fraud and financial crimes investigations
Be introduced and understand the fundamentals of fraud and financial crimes investigations
Be able to define the different terms, definitions, schemes, and scams that criminals utilize to commit fraud and financial crimes
Understand and distinguish between the various financial concepts, instruments, and documents that an investigator will encounter when investigating fraud and financial crimes
Be able to apply the lessons learned from prior fraud and financial crimes case studies to current day trends and practices.
I. INTRODUCTION TO FRAUD AND FINANCIAL CRIMES
Wrongful or criminal deception intended to result in financial or personal gain
Identity Theft: the fraudulent acquisition and use of a person’s private identifying information, usually for financial gain.
Synthetic Identity Theft: a combination of fabricated credentials where the implied identity is not associated with a real person.
Forged or Counterfeited Documents
White collar crime in which money, a favor or something else of value is promised to, given to, or taken from an individual or corporation in an attempt to sway his/her or its views, opinions, or decisions.
Active versus Passive
Types of Bribes
The concealment of the origins of illegally obtained money, typically by means of transfers involving foreign banks or legitimate businesses
Forms of Money Laundering
Stages of Money Laundering
Foreign bank accounts
Fake employees – a way of getting the money back out. Usually paid in cash and collected
Philip Mancini is a retired lieutenant from the Roseville Police Department and brings over 26 years of law enforcement experience at both large and medium sized agencies. Phil has worked a variety of assignments which include Patrol, Field Training, Special Operations, and Investigations. As an investigator generalist, Phil has worked cases ranging from fraud to homicide. As a lieutenant, he led the Professional Standards Unit which was responsible for investigating officer complaints. Phil is a POST Certified Master Instructor and currently works full-time as a Senior Financial Crimes Investigator for a Financial Technology start-up.
Fraud Investigation Instructor
Darin DeFreece served in law enforcement for over 22 years, ultimately retiring as a Sergeant in 2015. He has held various positions (including patrol, investigations, FTO, CSI, etc.) but his final special assignment was as the detective sergeant in charge of Investigations. He has a Masters Degree in Organizational Leadership, and a Bachelor’s Degree in Criminal Justice. Darin taught at local police academies for 13 years, and as an adjunct professor for nine. His passion for instruction has led him to speak at national conferences on such topics as corporate investigations, human trafficking and investigative partnerships between the public and private sectors. He currently is the Head of Financial Crimes / BSA OFAC Officer for a national online challenger bank and lender.
I will continue to use and pass on this information because I really believe in the instructors and their approach.
—Kimberly Meyer, Washoe County Sheriff's Department
Your training gave me the confidence and tools to interview the suspect for over 5 hours and to bring a closure to the case.
—Daniel Phelan, San Jose Police Department
This training provided the useful tools necessary for assessing the veracity of a suspected child abuser, which goes a long way in helping to protect children.
—Sunny Burgan, MSSW, LCSW, Social Work Supervisor, Santa Clara County DFCS
Effective teaching teams! The presentation of the material was consistently interesting, and intelligent without being too intellectualized.
—Michele Keller, Deputy Probation Officer, County of Alameda
This training by far has been the most informative and most effective I've attended. The instructors engaged the students in a manner that made me want to speak my opinion, ask questions, and participate.
—Julio Ibarra, Merced County Sheriff’s Office
The information presented was highly relevant to my job and was presented in a manner that was organized and very easy to digest.
—Michael McGarvey, California State Prison, San Quentin
Your training has made the greatest and most direct impact on my assignment of any training class that I've taken.
—Ken Gelskey, National City Police Department
This was, by far and away the best training I have received in 15 plus years of Law Enforcement. The instructors are experienced, engaging, articulate, and very entertaining. I will be recommending this training to multiple agencies.
—Mark Paynter, Oregon DOC
Incredible training with amazing real world instruction. I have been taking law enforcement classes for over 30 years and by far this is the best presented and most useful.
—Det. Brian Dale, Portland Police Bureau
It not often that you go to a training that you really, really want to pay attention to. Because of the high quality information and style of presentation, I knew that if I looked away I was going to miss out.
—Quinten Graves, Oregon State Police
Instructional style is engaging and highly effective.
—George Laing, Fire Prevention Captain, Investigator
This was, by far, one of the most useful training classes I've attended since becoming an investigator.
—Steven Aiello, Antioch Police Department
I highly recommend this training for any Probation staff who have the necessity to interview/interrogate individuals for investigation purposes.
—R. Bret Fidler, Santa Clara County Probation Department