Investigating Fraud And Money Laundering Threats And Cases

By Dr. Kim Miller, Purdue Global Department of Criminal Justice 

Daily Activities as a Fraud Examiner, Expert, and Detective 

As a Certified Fraud Examiner, subject-matter expert, and licensed private detective in New Jersey, I devote my daily activities to online risk assessment analysis using Open Source Intelligence techniques on the deep web and the dark web. This means I process fraud and money laundering investigative cases from inception to completion and determine leads for research and analysis, and I take care of analyzing fraudulent situations and create and implement online anti-fraud programs advising ways to improve fraud detection. 

Additional daily activities that I conduct are creating cybersecurity monitoring and awareness programs using the deep web and dark web. I also provide online international investigative research including, but not limited to, travel risk assessments and research regarding the BRIC (Brazil, Russia, India and China) countries, using that research and knowledge to develop risk assessments. 

Further tasks include conducting in-depth investigations of suspicious financial activity, such as suspected money-laundering efforts and fraudulent activities, and then analyzing this information to detect irregularities in areas such as billing trends, financial relationships, and regulatory compliance procedures.

Tracking Threats Through Current Events, Criminal Trends, and External Resources 

On a daily basis, I stay knowledgeable regarding current events and trends in such areas as fraud and money laundering and criminal tools and techniques. 

Additionally, I devise innovative resources and means to acquire additional information pertinent to the fraudulent cases, remaining alert not to compromise the perimeters of the ongoing investigation. I also use online social media monitoring to keep abreast of any threats to clients, using software that focuses on location based threats and providing updates to clients regarding the results. 

Additional tasks I take part in are reviewing terrorist watch lists to detect individuals, organizations, and vessels linked to risk categories, including sanctions, foreign officials, and state-owned enterprises. It's also important that I review databases for politically exposed persons, maintaining a critical eye toward fraud and criminal activities. Lastly, it's a significant and important component of my job is to establish, maintain, and cultivate vital and extensive liaison contacts with a myriad of federal, state, local, private industry, and public resources.

Kim Miller, PhD, is a faculty member at Purdue Global. The views expressed in this article are solely those of the author and do not represent the view of Purdue Global.