Certified Fraud Examiner CFE-Investigation Book

The Manual says admission-seeking interviews should be conducted only when:

There is reasonable probability the subject committed the act,

All other reasonable investigative steps are complete, and

“The interviewer can reasonably control the place, time, and subject matter of the interview.”.Therefore, Erica must ensure control oftime, place, and contentbefore scheduling.

The2014 International Fraud Examiners Manualprovides:

“Fraud examiners can use a correlation analysis to determine the relationships between different variables in raw data… For example, there should be a strong correlation between the independent and dependent variables because there is a direct relationship between them.Hotel costs should increase as the number of days travelled increases.”

CFE Prep – Investigationsechoes this:

“Using the correlation analysis function, fraud examiners can determine the relationships between different variables in the raw data. For example…Hotel costs should increase as the number of days travelled increases.”

Thus, the most useful analysis isCorrelation analysis.

The Fraud Examiners Manual explains:

“Each transaction on a blockchain ledger is recorded with a cryptographic address… by analyzing these addresses, fraud examiners can sometimes establish patterns and connections that identify users or link them to criminal activity”.

“Due to the risks of illicit transactions, most jurisdictions require financial institutions to obtain information about the ownership and control of the foreign bank with which they maintain correspondent relationships”.