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Fraud Prevention

Fraud can have grave consequences for companies, employees, and customers. It is a crime and also a predicate offence for money laundering.

Our Fraud Prevention Training Course will help your employees understand fraud, the different types of fraud, the triggers, red flags and how they can prevent it.

For those in leadership, we have a companion course entitled Fraud Prevention for Managers.

Start your trial Course details
  • 35 Minutes
  • All staff
  • Based on UK legislation, but suitable for global audiences upon the removal of UK-specific references and translation as necessary.
  • Compliance Essentials Library

Learning objectives

  • Define fraud and recognise its consequences
  • Identify the types of fraud which our Company may be exposed to
  • Apply our policies and rules correctly to prevent internal and external fraud
  • Recognise fraud indicators and red flags
  • Know how and when to report actual or suspected fraud

    What can you expect your employees to learn?

Introduction

Understanding fraud

  • What is fraud?
  • How serious is the threat?
  • Who could commit fraud?
  • What do you think?

Our anti-fraud policy

  • Our zero-tolerance approach
  • You make the call: Report or not?

Identity fraud

How criminals steal identities

  • Best practice for preventing identity fraud
  • You make the call: Is it suspicious or not?
  • Scenario: The debit card

Online fraud

  • Online fraud examples
  • Best practice for fighting cybercrime
  • Scenario: Cybercrime risks
  • Scenario: The suspected hack
  • Types of payment fraud

Corporate fraud

False accounting fraud

  • Best practice for preventing corporate fraud
  • You make the call: Red flags for corporate fraud
  • Scenario: Rick's request

Employee fraud

  • Employee fraud examples
  • Best practice preventing employee fraud
  • Scenario: Mr Jardine calls
  • Scenario: Preventing employee-supplier collusion
  • Scenario: Sickness absence

Customer fraud

  • Customer fraud examples
  • Best practice for preventing customer fraud
  • Scenario: Phil's customer
  • Scenario: The online store

Supplier fraud

  • Best practice for preventing supplier fraud
  • Supplier fraud examples
  • Scenario: Jade spots a discrepancy

The Fraud Act

  • Other offences
  • Penalties and prosecutions

Preventing fraud

  • The Fraud Triangle
  • You make the call: Identifying elements of the Fraud Triangle
  • Reporting & whistleblowing
  • You make the call: Reporting fraud

Summary

Affirmation

Assessment

Hear from our learners

Excellent easy-to-use LMS which Skillcast have specifically tailored to our needs to also host a Global Policy Portal and global staff surveys, alongside providing live MI reporting.
Being able to personalise our own training has been a game-changer! Excellent training was provided on how to use the CMS and the support team have been so helpful, patient and quick to reply when I've got stuck.
We have been enjoying e-learning with Skillcast for 10 years now. Their customer service is always at the highest level, always very attentive, responsive, and polite. Highly recommend to any company who is looking for a high quality e-learning and customer service (they have both in high standards).
We started using Skillcast for our employee's compliance training a few months ago and the experience has been excellent. Skillcast was very efficient in the set up process they then helped support us with rolling out our staff training in a seamless way. The course content is highly detailed and professionally delivered. Overall, I would highly recommend Skillcast as your LMS training provider.
Excellent courses with a brilliant support team
We've been using Skillcast for approx. 1.5 years and have been very happy with the service received and the courses offered. The customer service from the support team is excellent, they always respond quickly and are very helpful. The courses offered cover a broad range and the FCA courses were particularly useful to our business.
Incredibly helpful support team, who work with you to provide tailored advice and practical assistance. You are supported every step of the way. Would highly recommend.
I cannot overstate how happy with are with Skillcast. They are prompt, attentive, patient and always so good humoured. The teams work seamlessly, and there is always someone to cover in the absence of a team member. I am always impressed and very happy to work with the team.
A great LMS with a dedicated and knowledgeable team behind it. The LMS has a number of features that are gradually shared and which keeps on being developed.
Every member of the team I have had dealings with have been quick, efficient and very accommodating. No task or query is to big for them, and always a quick and prompt response. Pleasure to work with
We use Skillcast for our corporate training and it's a good LMS platform with a great variety of courses available. The platform is user-friendly and easy to navigate, and courses are up to date with legislation.
Skillcast is easy to set up and use. You can design the colours of the platform to fit you company branding. Support team are very helpful and nothing is too much trouble.
Excellent systems, user-friendly and easy to use.
Skillcast is a great platform to use for Compliance e-learning. The staff found the courses informative and engaging. There is a wide range of compliance related topics on the essentials library. The LMS is easy to use, and provides reports to track staff progress, which is a helpful feature.
The range of course libraries are comprehensive and the ability to select from multiple modules was important to us. The Global Library provides courses in multiple languages. We were also impressed with the microlearning modules. The platform is a great option for us and for our business requirements. We can also trust in Skillcast to review and update the modules so that they remain relevant and incorporate the latest developments in regulation.
Excellent services provided by the Skillcast team and the Skillcast system is simple to use.
The service provided for our company is excellent. The platform provides essential training for our business. When liaising with Skillcast in preparation for training delivery their customer service is excellent and we would definitely recommend.
Skillcast has truly transformed our approach to compliance training and tracking at Imagination. Not only does it seamlessly manage our global company's compliance requirements, but it also enhances employee engagement through its user-friendly interface and interactive content. What sets Skillcast apart is not just the platform itself, but also their exceptional customer service team. They are responsive, knowledgeable, and dedicated to providing tailored solutions to our unique needs. It's been instrumental in streamlining our compliance processes and fostering a culture of proactive risk management, growth & development."
They listened to our needs and helped tailor the existing course to our organisation with ease, ensuring accessibility requirements were maintained and the training was engaging and presentable. All their help was been very appreciated and I couldn't have asked them to do any more for us. I would recommend Skillcast to anyone looking to bring in new training modules to their organisation.
Skillcast provide an A-star product with excellent customer service support.

Start your compliance e-learning journey with a free trial

Our no-obligation free trial gives you access to our libraries and compliance platform. 

Ready to start your free trial? Complete the form, and a member of the Skillcast team will be in touch with further details.

Your questions, answered

Fraud Prevention

Common FAQs

How can I ensure employees are aware of our Fraud Prevention policies and procedures? 

Our Policy Hub makes it easy to distribute your Fraud Prevention policies to all employees and track their acknowledgement. You can set up automated reminders to ensure that employees review and agree to comply with these policies, providing a clear record of engagement to support compliance.

How can employees report suspicions of fraud anonymously?

Our Whistleblowing Register provides a secure and anonymous platform for employees to report any suspicions of fraud. This tool ensures that employees can raise concerns without fear of retaliation, allowing your organisation to address potential issues promptly and transparently.

How can I make sure every employee has read and agreed to our anti-fraud and conduct policies?

Our Policy management ensures employees review and acknowledge key anti-fraud and conduct policies, creating a clear audit trail for regulators. You can manage policy updates, track completions, and demonstrate compliance—all from one place.

How can I measure my employees’ awareness of fraud risks and identify gaps in understanding?

Our Fraud Prevention Staff Survey helps you gauge staff awareness of fraud risks and pinpoint areas that need attention before issues arise. You can run periodic surveys to monitor culture, track improvements over time, and target further training.

How can I provide employees with a safe and anonymous way to report suspected fraud?

Our Whistleblowing Register gives employees a confidential channel to report potential fraud without fear of retaliation. This demonstrates to regulators that you take whistleblower protections seriously and encourages a culture of transparency.

What are the most common types of fraud in construction?

  • Bid rigging and collusion during tendering
  • False invoicing and overbilling
  • Theft or misuse of materials and equipment
  • Manipulation of progress reports or timesheets
  • Warranty or insurance fraud after project completion

Why is the construction industry especially vulnerable to fraud?

The industry’s structure makes it a target. Projects often involve multiple subcontractors, large sums of money, and tight deadlines, all of which create opportunities for misconduct. Oversight can be challenging, particularly when work happens across several sites, making fraudulent activities harder to detect.

How can companies detect fraud early?

Early detection is about combining good oversight with smart tools. For example:

  • Monitoring financial records for irregular billing.
  • Using data analytics to flag suspicious payment patterns.
  • Carrying out site inspections and inventory checks.
  • Providing safe, anonymous channels for employees to raise concerns.
These steps make it much harder for fraud to go unnoticed.

What role does leadership play in fraud prevention?

Leaders set the tone. If executives and managers demonstrate a strong commitment to integrity, employees are far more likely to follow suit. This means:
  • Making anti-fraud policies clear and accessible.
  • Enforcing rules consistently — no exceptions for "star performers."
  • Rewarding ethical behaviour alongside project results.

Are Skillcast courses SCORM-compliant?

Yes. This means they can be delivered via the Skillcast Portal or any other SCORM-compliant Learning Management System.

What other tools are needed beyond training?

A comprehensive compliance solution often needs more than just training. Alongside e-learning, tools such as declarations, surveys and registers that track compliance tasks are usually essential. Skillcast provides full support to help you set up these additional tools.

Is our training content still compliant with the latest legislation?

  • You can check the latest course content updates in our library updates page: https://www.skillcast.com/compliance-course-library-updates
  • For major legislative changes, we:
    • Send you email alerts to ensure you are notified
    • Offer you a free trial of newly created or updated content
    • Host webinars with compliance experts to explain the changes and how our training supports your ongoing compliance

Can you translate our content into other languages?

Yes, we offer translations in a wide range of languages. Let us know your needs, and we’ll confirm availability or work with you to plan translations for your selected modules.

What file types are supported by the Skillcast system?

Features

Supported file types and details

File Exchange

File types: PDF, Excel spreadsheets, Word documents, SCORM and xAPI files, and compressed zip files. Max file size: Default is 1GB, can be increased to a max of 2GB

SCORM files

Versions: SCORM 1.2, SCORM 1.2 for Moodle, SCORM 2004 2nd, 3rd and 4th Edition. Max file size: 1024MB

xAPI file

Max file size: 2GB

Videos

File types: MP4 or MOV. Videos must be optimised, with a max file size of 100MB. If the file is bigger, our Design Team can help

Images

File types: jpg, png and gif. The file size should ideally be 100KB, but it can be up to 250KB

CPD evidence

File types: Word, PDF, Excel and CSV. File size: the limit should be whatever the portal config option is set to. Servers are set to max 2GB

Policy documents

PDF or Word File size: the limit should be whatever the portal config option is set to. Servers are set to max 2GB

Offline activities evidence

File types: PDF, DOC, DOCX, XLS, XLSX, CSV, PNG, GIF, JPEG, JPG, PPTX and MSG. File size: the limit should be whatever the portal config option is set to. Servers are set to max 2GB

Client logo files

File types provided by client: EPS, PDF, AI and SVG

Registers

PDF, DOC, DOCX, XLS, XLSX, CSV, PPT, PPTX, POT, PPA, PPS, JPG, JPEG, PJEPG, PNG, BMP, GIF, MP4, MOV, WMV, CPTX, CP, TXT, ZIP and MSG files

Declarations

JPG, JPEG, PNG, GIF, XLS and XLSX files

 

Prepare your team to tackle fraud effectively

Fraud causes businesses to lose an average of 5% of annual revenue, yet 86% of incidents go unreported. Our courses help staff identify early warning signs and respond effectively, reducing your risk of serious financial loss.
Browse the complete Fraud Prevention training package

Fraud Prevention

In-depth 35 Minutes Fraud Prevention All staff

Fraud can have grave consequences for companies, employees, and customers.

Explore the course

Fraud Prevention

Refresher 20 Minutes Fraud Prevention All staff

Fraud is criminal or deceptive behaviour aiming to secure an unfair or unlawful gain through deliberate or dishonest misrepresentation.

Abuse of Position

Microlearning 5 Minutes Fraud Prevention All staff

Fraud by abuse of position occurs when someone in a position of trust dishonestly exploits their role for personal gain or to cause loss to others.

Understanding Fraud

Microlearning 5 Minutes Fraud Prevention All staff

Fraud is a deliberate act of deception aimed at obtaining an unfair advantage, often causing harm to individuals or organisations.

Identity Fraud

Microlearning 5 Minutes Fraud Prevention All staff

Identity fraud occurs when criminals steal personal information to commit fraud, often leading to financial loss and reputational damage.

Identity Crime

In-depth 20 Minutes Fraud Prevention All staff

Identity theft involves criminals obtaining and misusing someone's personal data to commit fraud.

Explore the course

Failing to Disclose Information

Microlearning 5 Minutes Fraud Prevention All staff

Fraud can occur when someone deliberately withholds information to gain an unfair advantage or cause loss to others.

Customer Fraud

Microlearning 5 Minutes Fraud Prevention All staff

Customer fraud poses serious risks to businesses, from chargeback fraud to false complaints.

Supplier Fraud

Microlearning 5 Minutes Fraud Prevention All staff

Supplier fraud occurs when vendors engage in deceptive practices, such as false invoicing, overpricing or bribery.

Authorised Push Payment Fraud

Microlearning 5 Minutes Fraud Prevention All staff

Authorised push payment fraud occurs when scammers impersonate trusted figures to trick individuals into transferring money.

False Representation

Microlearning 5 Minutes Fraud Prevention All staff

Fraud by false representation happens when someone deliberately provides misleading or untrue information for personal or financial gain.

Economic Crime and Corporate Transparency Act 2023

Microlearning 5 Minutes Fraud Prevention Failure to Prevent Fraud All staff

The Economic Crime and Corporate Transparency Act 2023 expands corporate liability for fraud and financial crimes.

Employee Fraud and Insider Threats

Microlearning 5 Minutes Fraud Prevention All staff

Employee fraud can take many forms, from theft and false expense claims to data misuse and conflicts of interest.

Fraud Offences and Penalties

Microlearning 5 Minutes Fraud Prevention All staff

Fraud is any dishonest action or omission intended to gain or cause a loss, regardless of whether it is temporary or permanent.

Mandatory Leave

Microlearning 5 Minutes Fraud Prevention All staff

Mandatory leave is time off that certain organisations enforce to help prevent fraud, errors and other risk incidents.

Preventing Corporate Fraud

Microlearning 5 Minutes Fraud Prevention All staff

Corporate fraud involves illegal activities committed by an organisation or individuals acting on its behalf.

The Fraud Triangle

Microlearning 5 Minutes Fraud Prevention All staff

Fraud is often committed by ordinary people who find themselves in difficult situations and make poor choices.

Abuse of Position

Express 10 Minutes Fraud Prevention All staff

Abuse of position is a type of fraud that employees can commit, sometimes inadvertently, when they use their position at the Company for their personal gain.

Financial Integrity

In-depth 30 Minutes Fraud Prevention All staff

The integrity of financial reports is paramount for any company.

Fraud Prevention for Managers

In-depth 40 Minutes Fraud Prevention Managers

The consequences of fraud are very serious for both companies and employees alike.

Fraud Prevention

In-depth 35 Minutes Fraud Prevention All staff

Fraud is criminal or deceptive behaviour aiming to secure an unfair or unlawful gain through deliberate or dishonest misrepresentation.