Certified Fraud Examiners: Who They Are and What They Do - CusterAgency

Posted by | July 28, 2017 | Uncategorized | No Comments

A person professionally training in detecting, investigating and resolving fraud cases is a Certified Fraud Examiner or CFE. A private investigator in Boise with a CFE certification would have received it from the Association of Certified Fraud Examiners which is the largest anti-fraud organization in the world. The ACFE provides training and education on the topic. CFE’s typically come from backgrounds related to criminology, law, accounting or auditing.

Not just anyone can become a CFE, either. You must first have a bachelor’s degree and several years of professional experience and pass a CFE exam. All CFE’s are expected to follow a code of ethics as laid out by the ACFE and must be able to prove they are of high moral character with appropriate references.

The Work Of A CFE

The complicated intricacies of corporate fraud require a lot of different skills and they vary differently from investigations related to other kinds of crimes such as theft or murder. You could say that a Certified Fraud Examiner can take a ledger or box of papers, accounting data and electronic spreadsheets and discover something wrong that may slip by the average person.

It is this attention to detail and thoroughness that sets a CFE apart from other crime investigators. The responsibility of a CFE is huge and often they are the people responsible in uncovering some of the largest corporate scandals. However, with this kind of expertise a CFE brings a lot to the table of any size fraud investigation.

Can A PI Be A CFE?

While it is possible, not all detectives are Certified Fraud Examiners. However, it is not uncommon for a private investigator in Boise to work with a CFE on fraud cases. The roles of each may differ from case to case but a CFE would likely examine the evidence gathered by the PI rather than the other way around.

That being said, insurance fraud is a common field of investigation that a detective will be hired to gather evidence on. This would entail long days of surveillance, photographic and video evidence gathering and witness interviews. For more complex, multi-layered corporate fraud investigations a CFE would be a likely choice.

Do You Need A Private Investigator In Boise?

Custer Agency handles all kinds of fraud investigations and works with Certified Fraud Examiners when the occasion arises. If you need a private investigator in Boise for fraud investigation, contact Custer Agency today.