What Are The Duties Of A Fraud Investigator?

Fraud involves misrepresentation with intent to deceive, usually for monetary gain. Determining if fraud has been committed is the fraud investigator's mission. Here are what a fraud investigator can do for you:

• Examining records – Most cases begin with a meeting between the investigator and his client, who outlines his position and submits any evidence that he's gathered, including financial records. The investigator then examines those records to determine if the complaint has merit. To establish the basic facts, an investigator may perform asset searches, run employee background checks and review the organization's procedures.
• Gathering evidence – In most cases, this step requires collecting recorded and written statements, as well as audio and video materials. The complexity of this process depends on the type of case. Appraisers inspect vehicles and property to prepare damage estimates, while claims examiners visit sites and review records to determine if customers' claims are legitimate.
• Interviewing witnesses – At first the investigator raises nonthreatening issues, but gradually shifts the focus to specific questions about the incident. The interviewer may challenge inconsistencies directly, or remain silent for periods to exploit the situation's natural tension. The aim is to elicit responses that show the interviewee is lying or withholding information.

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