When individuals intentionally engage in criminal practices to the detriment of other people or organizations typically by tricking them into parting with valuable possessions or money fraud investigators are hired to determine who is ultimately responsible for the illegal activity. When people or institutions think they may have been victims of fraud they may hire a fraud investigator to interview victims and witnesses and to review all relevant documents and records in order to determine whether there is evidence to verify their suspicions. Fraud investigators are often in touch with attorneys and they may be required to testify in court as to the details of their findings. Although some fraud investigators are actually employed full-time by banks or insurance companies others work as independent contractors. The website www.legal-criminal-justice-schools.com says that fraud investigators usually need a bachelor’s degree in economics business accounting law criminal justice or sociology. In addition experience as police investigators can open up job opportunities in fraud investigation. Each state has its own requirements for licensing as well as continuing education for this profession. The website www.ehow.com says that individuals who apply for fraud investigator jobs must pass drug and background checks and must have a valid driver’s licenses. Fraud investigators must be willing to work weekends nights and holidays when necessary. According to the U.S. Bureau of Labor Statistics the number of jobs in this career may increase although there is competition for most opening because many people want to enter this field. The average annual salary is approximately $57000.
|Education Required:||Bachelor's Degree|
|Tasks:||Conducts surveillance and research.
Interviews complainants, employers and witnesses.
Writes investigative reports.
Establishes proof of facts.
|Also Called:||Private Investigator
Economic Crime Investigator