What does a Fraud Examiner, Investigator and Analyst do?
Obtain evidence, take statements, produce reports, and testify to findings regarding resolution of fraud allegations. May coordinate fraud detection and prevention activities.
- Maintain knowledge of current events and trends in such areas as money laundering and criminal tools and techniques.
- Train others in fraud detection and prevention techniques.
- Research or evaluate new technologies for use in fraud detection systems.
- Prepare evidence for presentation in court.
- Obtain and serve subpoenas.
- Negotiate with responsible parties to arrange for recovery of losses due to fraud.
- Conduct field surveillance to gather case-related information.
- Arrest individuals to be charged with fraud.
- Testify in court regarding investigation findings.
- Advise businesses or agencies on ways to improve fraud detection.
- Review reports of suspected fraud to determine need for further investigation.
- Prepare written reports of investigation findings.
- Recommend actions in fraud cases.
- Lead, or participate in, fraud investigation teams.
- Interview witnesses or suspects and take statements.
- Design, implement, or maintain fraud detection tools or procedures.
- Gather financial documents related to investigations.
- Evaluate business operations to identify risk areas for fraud.
- Document all investigative activities.
- Create and maintain logs, records, or databases of information about fraudulent activity.
- Coordinate investigative efforts with law enforcement officers and attorneys.
- Conduct in-depth investigations of suspicious financial activity, such as suspected money-laundering efforts.
- Analyze financial data to detect irregularities in areas such as billing trends, financial relationships, and regulatory compliance procedures.