How to Become a Certified Fraud Investigator

Education and training requirements for becoming certified as a fraud examiner.

Certified fraud examiners target individuals or organizations that are conducting illegal financial transactions. Examiners use various investigative tools and techniques to gather evidence, such as background checks, surveillance, eyewitness interviews, research and obtaining financial documentation. After collecting all the information, examiners must create detailed reports of all their findings and submit the reports to prosecutors. According to Indeed.com, as of 2010, the average salary for a fraud examiner is $64,000 per year.

Instructions

1. Earn at least a bachelor’s degree. A degree in criminal justice offers you a background in law enforcement and investigations. This is an opportunity for you to develop the foundational knowledge and skills to work as a fraud examiner. Courses that prepare you for a career in this field include investigations, legal writing and the judicial process.

2. Participate in an internship. Internships offer you an opportunity to observe, learn and work in a professional setting. While your duties may include filing records, making copies and proofreading reports, you will be able to watch certified fraud examiners communicate with suspects, look over important financial documents, collect evidence and testify in court.

3. Gain professional experience in law, criminology or fraud investigation. In addition to completing a bachelor’s degree, you must have at least two years of experience in one of these fields. Many certified fraud examiners have backgrounds researching white-collar crimes, working in law enforcement or the legal profession or investigating insurance claims.

4. Obtain certification from the Association of Certified Fraud Examiners. To become certified, you must pass an examination that tests your knowledge on fraudulent financial transactions, investigation methods, legal elements of fraud and fraud prevention and deterrence.

5. Look for job opportunities. Careers are available with government agencies, insurance companies and private organizations. The Association of Certified Fraud Examiners has a career center for members that offers a job board, career advice and membership advantages.

References

• Legal Criminal Justice Schools: Job Description
• Wayne State: Criminal Justice Degree
• ACFE: Certification
• Indeed.com: Salary