Gain an understanding of the origins of corporate fraud and how it in recent years it has come to define a nation.
Recognised by The Institute of Banking and LIA for CPD Purposes
Delivered by leading academics and financial services experts, the purpose of the Diploma in Corporate Fraud Investigation is to equip learners (from a variety of professional or interested backgrounds) with an understanding of the origins of corporate fraud globally and in Ireland, how it in recent years it has come to define a nation.
Students will consider a history of corporate fraud and then examine the Irish experience. All lectures will be related to various theories of white-collar crime and offending. At the end of the course, learners will have a detailed understanding of how corporate fraud operates in today’s world and how, without individual or societal intervention, it may flourish still further in the coming decades.
During this course the student will learn how to identify certain types of white-collar fraudsters and their likely behaviours within the corporate environment. In particular they will look at the background to this increasing level of criminality and how it has been allowed to develop and thrive. They will also learn how to recognize, identify, investigate and ultimately reduce the risk of fraud in any given organisation.
Introduction; global corporate fraud; an ignoble history:
- What is corporate fraud (overview)?
- How much corporate fraud is out there?
- What is the impact of corporate fraud?
- What motivates the corporate fraudster?
- Corporate fraud hard hitters across the globe
What are we investigating? The offences:
Legislation and corporate fraud offences:
- Conspiracy to defraud
- Causing a loss or making a gain by deception
- False accounting
- Suppression of documents
- Forgery and false instruments
- Bribery and corruption
- Criminal cartels
- Criminal fraudulent trading
- Insider dealing
- Market manipulation
- Offences against Revenue
Criminal liability and corporate responsibility (overview)
Reducing, preventing and detecting:
Assessing the risk of corporate fraud
Strategy to reduce and prevent corporate fraud:
- The role of HR policies
- The role of ethics and the corporate culture
- The role of employees
- The role of management
Methods of detecting corporate fraud:
- Internal audits
- Forensic data analysis
- Internal and external whistleblowers
Internal and external whistleblowers
Investigating allegations – internal investigations:
- What to do when fraud is suspected?
- Preparing an investigation plan
- Collecting documentary and electronic evidence
- Conducting interviews to gather evidence
- Concluding the investigation
Investigating allegations – external investigations:
- Garda Bureau of Investigation
- Central Bank
- National Consumer Agency
- Competition Authority
- Revenue Commissioners
Prosecuting the corporate fraudster and recovering the proceeds of corporate fraud:
Prosecuting the corporate fraudster:
- Evidential issues
- Jury trials
Sentencing the corporate fraudster:
- Principles of sentencing
- Appropriate sentences (from fines to imprisonment)
- Other penalties
Recovering the proceeds of corporate fraud:
- Criminal Assets Bureau
Confiscation Code (Proceeds of Crime Acts, Criminal Justice Act 1994)
- What is money laundering?
- International initiatives to combat money laundering
- The money laundering offences
- Designated Persons
- Specific rules and requirements
- Civil liability
Cybercrime and the future of corporate fraud
Corporate fraud in Ireland: a case study
The Anglo Trials
The modules given above are the latest example of the curriculum available on this programme. Please note that programme structures and individual modules are subject to change from time to time for reasons which include curriculum enhancement, staff changes, student numbers, improvements in technology, changes to placements or regulatory or external body requirements.
Chloë is a barrister with a mixed general practice which has a special focus towards personal injuries law, judicial review and language rights. Chloë graduated with a BCL in Law and Irish from Maynooth University and a Barrister at Law Degree from King’s Inns.
In addition to her work in the Courts, Chloë is a tutor in Maynooth University Law’s department. She has acted as Investigatory Aide in employment investigations with CA Compliance. Chloë has been a Moot Judge for Maynooth University, and Foras na Gaeilge.
- Corporate Crime, Shelley Horan BL. Bloomsbury Professional, March 2011
- White Collar Crime in Ireland: A New Architecture of Regulatory Enforcement by McGrath, J (2014). Manchester University Press
- Prosecuting Corruption in Ireland. Paper presented at the Burren Law School by Hamilton, J. (2010a.), 1 May 2010. Available at http://www.dppireland.ie
- An Alternative to Silence, Whistleblower Protection in Ireland. Transparency International (2010). Available at www.transparency.ie
- Bribery and Corruption Law in Ireland, Briefing Document by A&L Goodbody, 21st February 2012. Available at http://www.algoodbody.ie/insightspublications/bribery_and_corruption_law_in_irel and
- White Paper on Crime, Third Discussion Document – Overview of Submissions. Received (April 2011). Department of Justice. Available at www.justice.ie
Students must attend at least 80% of classes to graduate with either the Diploma or Certificate of Attendance unless a serious and verifiable reason for further absence is provided.
If completing the course online, attendance and participation is tracked through Moodle.
A pass grade on the written assignment will be required for awarding of the Diploma.
Tara’s material is well prepared and she is very knowledgeable on the subject matter. She presents the class in a professional manner while maintaining good approachability. She is excellent at encouraging class discussion around what is a very interesting subject.
Having studied in Trinity, DIT and Griffith I can honestly say that Mr. Foley is a wonderful lecturer and it is so refreshing to have someone teach who appears to genuinely want to share his knowledge.
Who should apply
Those working in financial services and banking industry in Ireland. Those working in the criminal justice system in Ireland who have a special interest in corporate fraud investigation. Those in other careers, with an interest in corporate fraud and how it can affect companies and Irish society as a whole.