Fraud Investigation Techniques

Fraud Investigation Techniques

Professional Training Curriculum for COPEDU (BNR Regulatory Alignment)

Duration: 3 Days (21 Hours)
Target Audience: Internal Auditors, Compliance Officers, Risk Managers, Fraud Investigators, Finance Managers, Internal Control Officers, AML/CFT Officers, Operations Managers, Branch Managers, SACCO Managers, Microfinance Managers, and Law Enforcement Liaison Officers.

1. COURSE OVERVIEW

Fraud remains one of the most significant operational risks facing banks, microfinance institutions, SACCOs, insurance companies, and other regulated entities. The National Bank of Rwanda (BNR) requires regulated institutions to establish robust internal controls, fraud prevention mechanisms, investigation procedures, and reporting frameworks.

This course provides participants with practical fraud detection, investigation, evidence collection, interviewing, reporting, and case management skills consistent with:

• National Bank of Rwanda (BNR) Corporate Governance Regulations
• BNR Risk Management Guidelines
• BNR Internal Control Framework Requirements
• BNR AML/CFT Regulations
• Rwanda Penal Code
• Anti-Corruption Laws
• Basel Committee Operational Risk Principles
• International Standards for Internal Auditing (IIA)
• ACFE (Association of Certified Fraud Examiners) Best Practices

2. LEARNING OBJECTIVES

By the end of the training participants will be able to:

Knowledge

• Understand fraud risks in financial institutions.
• Recognize fraud schemes and red flags.
• Understand investigation methodologies.
• Understand legal and regulatory requirements.

Skills

• Conduct fraud investigations.
• Collect and preserve evidence.
• Interview suspects and witnesses.
• Prepare investigation reports.
• Recommend corrective actions.

Competencies

• Manage fraud incidents professionally.
• Support regulatory compliance.
• Strengthen fraud risk management frameworks.
• Improve organizational resilience.

3. EXPECTED LEARNING OUTCOMES

Participants will be able to:

✓ Identify fraud indicators

✓ Conduct structured investigations

✓ Gather admissible evidence

✓ Perform forensic interviews

✓ Analyze financial records

✓ Document investigation findings

✓ Prepare reports for management and regulators

✓ Support prosecution and disciplinary actions

✓ Implement fraud prevention measures