Fraud Risk Management and Workplace Security
Introduction
Fraud, theft, and corruption remain some of the most significant threats to organisational trust, performance, and sustainability. Leaders must not only recognise the warning signs of fraud but also develop robust strategies to prevent, detect, and respond to misconduct effectively.
This programme equips executives, managers, and professionals with the insights, tools, and techniques to strengthen workplace integrity, manage fraud risks, and embed a culture of compliance and ethical accountability.
Objectives
By the end of this programme, participants will be able to:
* Define fraud, theft, and corruption, and understand their impact on business and governance.
* Assess the risks fraud poses to organisations and identify warning signs.
* Explore international frameworks, tools, and resources for combating fraud and corruption.
* Recognise common factors and conditions that enable fraudulent practices.
* Understand money laundering and its link to financial crimes and terrorism.
* Apply effective prevention techniques and implement anti-fraud programmes.
* Lead organisational change to strengthen workplace security and ethical culture.
Programme Outline
Day One – Understanding Fraud, Theft, and Corruption
* Defining Fraud, Theft, and Corruption in modern business.
* Who commits fraud and why? The psychology behind misconduct.
* Crimes connected to fraud:
* Theft, False Accounting, Bribery, Collusion, and Deception.
* The impact of corruption on business, governance, and the economy.
* **Interactive Wrap-Up Quiz**.
Day Two – How Fraud Occurs in Organizations
* Fraud, theft, and corruption in the workplace.
* Fraud risk assessment and risk management frameworks.
* Compliance obligations and their role in prevention:
* KYC (Know Your Customer), CDD (Customer Due Diligence), Reporting.
* Legal and regulatory consequences:
* Offences, Non-Compliance, Penalties, and Sentencing.
* **Interactive Wrap-Up Quiz**.
Day Three – Identifying Corruption Opportunities and Financial Crimes
* Sixteen common factors that create corruption opportunities.
* Methods for concealing and transferring illicit funds:
* Internet Banking, Hawala Banking, Precious Metals & Jewels, Shell Companies.
* Overview of Money Laundering and Terrorist Financing:
* Distinctions, Techniques, and Consequences.
* **Case Studies & Wrap-Up Quiz**.
Day Four – Anti-Fraud Strategies and Programme Development
* Common fraud scenarios in business and how to respond.
* Techniques to reduce fraud risk:
* Increasing the fear of detection.
* Addressing rationalisations and pressures.
* Building an Anti-Fraud Programme:
* Three business areas most at risk.
* Seven steps to initiate a fraud prevention strategy.
* Review of fraud types and fraud tests.
* **Interactive Wrap-Up Quiz**.
Day Five – Leading Organizational Change for Workplace Security
* Managing cultural and structural change to reduce fraud risk.
* The role of leadership: Leading from the top.
* Building organisational awareness and resilience.
* Recognising the cost of fraud and external influences.
* Developing sustainable resistance to corruption.
* Summary of key learnings and forward-looking strategies.
* **Final Quiz, Q&A, and Action Planning**.
Enquiries and Registration
Enquiry at : admin@keleaders.com
Whatsapp: 0044 790 125 9494
For more details visit our website : www.keleaders.com
