FC 130 - Targeting Investment Fraud

This course provides investigators and prosecutors with the knowledge and tools they need to respond to the growing problem of investment fraud. Topics include what constitutes a security, using the Howey Test to determine if a particular offering is a security, identifying investment fraud schemes, and investigative strategies for working with victims and perpetrators. The course also covers fraud prevention strategies, and students are provided with additional resources for both prevention and investigation.

This course is presented in partnership with the FINRA Investor Education Foundation.

Course structure:

• Securities basics. Learn about what a security is, the Howey Test, and the registration of securities.
• Securities fraud. Understand state-specific content, what constitutes securities fraud, statutes, and penalties.
• Investigation. Learn the red flags of fraud, investigative techniques, how to follow the money, and case studies.
• Prevention and resources. Understand the typical victims and risk factors., and learn about the FINRA Foundation and local experts.