Understanding the psychology of deception is crucial for effective internal investigations. By recognizing non-verbal cues, managing cognitive load, and detecting emotional indicators, investigators can identify deceit. Strategic questioning and best practices will be explored using the PEACE interview model to interviews, allowing us to interview witnesses or suspects with competence and confidence, ensuring thorough and reliable investigations that promote organizational transparency and trust.

The evolving landscape of fraud necessitates a paradigm shift in the role of fraud examiners. As fraudsters adapt to changing technologies and environments, traditional methods of detection and prevention become less effective. There is a need to consider the significant impact of ethical and risk management strategies on combating fraud. It also delves into how artificial intelligence (AI), originally designed as a tool for fraud mitigation, is increasingly being exploited by fraudsters, thus posing new challenges for fraud examiners. This calls for an urgent need for innovative approaches and advanced skills among fraud examiners to stay ahead in the battle against sophisticated fraudulent activities.