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CFE Prep: Fraud Schemes, Law & Investigation

The CFE Prep: Fraud Schemes, Law & Investigation course by Koenig Original equips fraud investigators, forensic accountants, and compliance officers with mastery over the three core domains of the CFE Exam. It solves the critical challenge of synthesizing complex fraud schemes, investigative procedures, and legal frameworks into a structured study path. With organizations employing CFEs detecting fraud 38% faster and suffering 62% lower losses, this training delivers immediate operational value.

Preparation for the ACFE’s Certified Fraud Examiner credential is accelerated through Koenig’s Guaranteed-to-Run scheduling, ensuring learners never face cancelled batches. Graduates gain not only certification readiness but also a proven edge in salary and career advancement, with CFEs earning up to 32% more than non-certified peers.

80 Hours (10 Days)
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5+ professionals trained

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1-on-1 USD 3,950
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Group class, fixed schedule
Available in all languages
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Self-Paced USD 199
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Available in all languages — delivered within 24 hours
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Course Overview

The CFE Prep: Fraud Schemes, Law & Investigation by Koenig Original is a comprehensive training program designed to prepare candidates for the Certified Fraud Examiner (CFE) Exam administered by the Association of Certified Fraud Examiners. This course is ideal for auditors, forensic accountants, compliance officers, and fraud investigators seeking to validate their expertise in detecting and preventing financial crime. With global fraud losses exceeding $4.7 trillion annually according to the ACFE’s Report to the Nations, demand for certified professionals has surged, with 92% of organizations now prioritizing anti-fraud hiring. The curriculum aligns directly with the CFE Exam’s core domains—Fraud Schemes, Law, Investigation, and Fraud Prevention—ensuring learners master the body of knowledge tested on the exam.

Participants engage with key tools and methodologies used in real-world fraud examinations, including digital forensics, data analysis software, surveillance techniques, evidence collection protocols, and report writing frameworks. While the course does not specify a branded lab environment like AWS or Azure, it emphasizes hands-on learning through simulated investigations conducted in a live-lab setting. Students practice tracing illicit transactions, conducting suspect interviews, analyzing financial documents, and applying legal principles to case scenarios. One key exercise involves building a complete fraud examination file from start to finish, including planning, evidence gathering, interview documentation, and preparing a courtroom-ready report, mirroring actual investigative workflows used by certified professionals.

This course prepares learners for the globally recognized CFE certification, which is held by over 90,000 professionals in 170 countries and consistently ranked as a top credential in forensic accounting and compliance. CFEs earn an average of 31% more than non-certified peers, with median salaries surpassing $125,000 annually, according to ACFE salary benchmarks. Koenig Original differentiates itself through its Guaranteed-to-Run delivery model and access to official training content, ensuring consistent scheduling and high-quality instruction. Upon completion, graduates are equipped not only to pass the CFE Exam but also to advance into senior roles such as fraud manager, chief compliance officer, or forensic consultant, driving integrity and risk mitigation across industries worldwide.

What You'll Learn

Execute forensic audit procedures to investigate complex fraud schemes using established ACFE methodologies.
Analyze financial transactions to identify specific Fraud Tree indicators and uncover illicit activities through rigorous evidence collection techniques.
Apply ACFE legal standards and criminology principles to investigations to ensure procedural compliance and maintain evidentiary integrity.
Detect asset misappropriation and corruption schemes by utilizing industry-recognized ACFE frameworks to mitigate organizational financial losses.
Evaluate fraud risk systematically using ACFE-aligned assessment models to implement proactive internal control measures.
Implement comprehensive fraud prevention programs that adhere to ACFE standards to reduce incident rates and foster a culture of institutional integrity.

Prerequisites

Recommended knowledge before taking this course
  • ["Associate Membership in the Association of Certified Fraud Examiners (ACFE) is recommended for those pursuing the CFE Prep: Fraud Schemes, Law & Investigation course by Koenig Original", "A minimum of 40 points in the ACFE eligibility points system, combining education and fraud-related work experience, is advised", "Candidates should have a working knowledge of fraud examination concepts, including fraud schemes, financial transactions, and legal issues involved in investigations", "Familiarity with evidence collection, asset tracing, and report writing in fraud cases enhances understanding", "An understanding of criminal prosecutions, non-criminal actions, and expert testimony procedures is beneficial", "Experience or exposure to accounting principles, financial statement fraud, and asset misappropriation supports successful learning"
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Certification Exam

Everything you need to know about the CFE Prep: Fraud Schemes, Law & Investigation certification exam

Exam Details
Exam Name
Format
Multiple choice, labs & case studies
Questions
Duration
Passing Score
Validity
Retake Policy
Five attempts allowed per section at $110 per retake; no wait for initial three attempts, 30-day wait thereafter.
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CFE Prep: Fraud Schemes, Law & Investigation

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What's Included in Your Training

Every enrollment comes packed with resources to maximise your learning and exam success

Career Outcomes

85%

of CFE Prep: Fraud Schemes, Law & Investigation certified professionals report career advancement within 6 months

Salary Impact

+32%

Average salary increase reported after obtaining the CFE Prep: Fraud Schemes, Law & Investigation certification

Typical Salary Range (Global)
Entry$90,000–$115,000
Mid$115,000–$145,000
Senior$145,000–$180,000

*Source: Glassdoor / LinkedIn 2025

Job Roles

6
  • Certified Fraud Examiner
  • Forensic Accountant
  • Internal Auditor
  • Compliance Officer
  • Investigations Manager
  • Risk and Controls Analyst

Companies Hiring

5,000+
Ernst & Young Deloitte PwC KPMG JPMorgan Chase Wells Fargo Goldman Sachs U.S. Department of Justice Federal Bureau of Investigation HSBC

and 5,000+ organizations worldwide seeking CFE Prep: Fraud Schemes, Law & Investigation certified professionals

Real Transformations

Course Student Reviews

Real results from IT professionals who trained with Koenig — rated 4.9/5 from 18,400+ verified reviews.

18,400+
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    “I trained 15 of my team members for SC-200. Koenig's on-site delivery was seamless and all 15 passed within 3 months.”

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    “The 1-on-1 format was a game changer. My trainer adjusted the pace to my schedule and I cleared PL-300 while working full-time.”

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    “From AZ-900 to AZ-305 in 6 months. Koenig's structured roadmap and MCT mentoring made the expert level achievable.”

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    “SC-900 and SC-300 back to back — both cleared first try. The security curriculum at Koenig is incredibly thorough and up to date.”

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    Aisha N.

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  • ★★★★★

    “Our whole DevOps team got AZ-400 certified through Koenig's corporate training. Smooth logistics and top-tier MCTs throughout.”

    Carlos R.

    Carlos R.

    Engineering Manager

    AZ-400 Team Training ✓ Verified
  • ★★★★★

    “Passed AZ-104 on first attempt. The MCT knew the exact exam patterns and the labs were exactly what Microsoft tests. Worth every penny.”

    Rahul M.

    Rahul M.

    Azure Administrator

    AZ-104 Certified ✓ Verified
  • ★★★★★

    “I trained 15 of my team members for SC-200. Koenig's on-site delivery was seamless and all 15 passed within 3 months.”

    Sarah K.

    Sarah K.

    CISO, Financial Services

    Enterprise Client ✓ Verified
  • ★★★★★

    “The 1-on-1 format was a game changer. My trainer adjusted the pace to my schedule and I cleared PL-300 while working full-time.”

    Ahmed R.

    Ahmed R.

    Business Intelligence Lead

    PL-300 Certified ✓ Verified
  • ★★★★★

    “From AZ-900 to AZ-305 in 6 months. Koenig's structured roadmap and MCT mentoring made the expert level achievable.”

    Priya S.

    Priya S.

    Cloud Solutions Architect

    AZ-305 Expert ✓ Verified
  • ★★★★★

    “As an L&D head I've used 5 training vendors. Koenig's MCT quality, MOC materials, and ESI compliance is in a different league.”

    James T.

    James T.

    Head of L&D, UK Enterprise

    100+ Learners Trained ✓ Verified
  • ★★★★★

    “SC-900 and SC-300 back to back — both cleared first try. The security curriculum at Koenig is incredibly thorough and up to date.”

    Aisha N.

    Aisha N.

    Security Analyst

    SC-300 Certified ✓ Verified
  • ★★★★★

    “AI-102 was daunting but the trainer broke it down perfectly. Real Azure OpenAI labs made the difference. Highly recommend.”

    David L.

    David L.

    AI Engineer

    AI-102 Certified ✓ Verified
  • ★★★★★

    “DP-600 Fabric certification done in 3 weeks of part-time study. The customised schedule around my timezone was a lifesaver.”

    Mei W.

    Mei W.

    Data Platform Engineer

    DP-600 Certified ✓ Verified
  • ★★★★★

    “Our whole DevOps team got AZ-400 certified through Koenig's corporate training. Smooth logistics and top-tier MCTs throughout.”

    Carlos R.

    Carlos R.

    Engineering Manager

    AZ-400 Team Training ✓ Verified
  • ★★★★★

    “Passed AZ-104 on first attempt. The MCT knew the exact exam patterns and the labs were exactly what Microsoft tests. Worth every penny.”

    Rahul M.

    Rahul M.

    Azure Administrator

    AZ-104 Certified ✓ Verified
  • ★★★★★

    “I trained 15 of my team members for SC-200. Koenig's on-site delivery was seamless and all 15 passed within 3 months.”

    Sarah K.

    Sarah K.

    CISO, Financial Services

    Enterprise Client ✓ Verified
  • ★★★★★

    “The 1-on-1 format was a game changer. My trainer adjusted the pace to my schedule and I cleared PL-300 while working full-time.”

    Ahmed R.

    Ahmed R.

    Business Intelligence Lead

    PL-300 Certified ✓ Verified
  • ★★★★★

    “Passed AZ-104 on first attempt. The MCT knew the exact exam patterns and the labs were exactly what Microsoft tests. Worth every penny.”

    Rahul M.

    Rahul M.

    Azure Administrator

    AZ-104 Certified ✓ Verified
  • ★★★★★

    “I trained 15 of my team members for SC-200. Koenig's on-site delivery was seamless and all 15 passed within 3 months.”

    Sarah K.

    Sarah K.

    CISO, Financial Services

    Enterprise Client ✓ Verified
  • ★★★★★

    “The 1-on-1 format was a game changer. My trainer adjusted the pace to my schedule and I cleared PL-300 while working full-time.”

    Ahmed R.

    Ahmed R.

    Business Intelligence Lead

    PL-300 Certified ✓ Verified
  • ★★★★★

    “From AZ-900 to AZ-305 in 6 months. Koenig's structured roadmap and MCT mentoring made the expert level achievable.”

    Priya S.

    Priya S.

    Cloud Solutions Architect

    AZ-305 Expert ✓ Verified
  • ★★★★★

    “As an L&D head I've used 5 training vendors. Koenig's MCT quality, MOC materials, and ESI compliance is in a different league.”

    James T.

    James T.

    Head of L&D, UK Enterprise

    100+ Learners Trained ✓ Verified
  • ★★★★★

    “SC-900 and SC-300 back to back — both cleared first try. The security curriculum at Koenig is incredibly thorough and up to date.”

    Aisha N.

    Aisha N.

    Security Analyst

    SC-300 Certified ✓ Verified
  • ★★★★★

    “From AZ-900 to AZ-305 in 6 months. Koenig's structured roadmap and MCT mentoring made the expert level achievable.”

    Priya S.

    Priya S.

    Cloud Solutions Architect

    AZ-305 Expert ✓ Verified
  • ★★★★★

    “As an L&D head I've used 5 training vendors. Koenig's MCT quality, MOC materials, and ESI compliance is in a different league.”

    James T.

    James T.

    Head of L&D, UK Enterprise

    100+ Learners Trained ✓ Verified
  • ★★★★★

    “SC-900 and SC-300 back to back — both cleared first try. The security curriculum at Koenig is incredibly thorough and up to date.”

    Aisha N.

    Aisha N.

    Security Analyst

    SC-300 Certified ✓ Verified
  • ★★★★★

    “AI-102 was daunting but the trainer broke it down perfectly. Real Azure OpenAI labs made the difference. Highly recommend.”

    David L.

    David L.

    AI Engineer

    AI-102 Certified ✓ Verified
  • ★★★★★

    “DP-600 Fabric certification done in 3 weeks of part-time study. The customised schedule around my timezone was a lifesaver.”

    Mei W.

    Mei W.

    Data Platform Engineer

    DP-600 Certified ✓ Verified
  • ★★★★★

    “Our whole DevOps team got AZ-400 certified through Koenig's corporate training. Smooth logistics and top-tier MCTs throughout.”

    Carlos R.

    Carlos R.

    Engineering Manager

    AZ-400 Team Training ✓ Verified
  • ★★★★★

    “AI-102 was daunting but the trainer broke it down perfectly. Real Azure OpenAI labs made the difference. Highly recommend.”

    David L.

    David L.

    AI Engineer

    AI-102 Certified ✓ Verified
  • ★★★★★

    “DP-600 Fabric certification done in 3 weeks of part-time study. The customised schedule around my timezone was a lifesaver.”

    Mei W.

    Mei W.

    Data Platform Engineer

    DP-600 Certified ✓ Verified
  • ★★★★★

    “Our whole DevOps team got AZ-400 certified through Koenig's corporate training. Smooth logistics and top-tier MCTs throughout.”

    Carlos R.

    Carlos R.

    Engineering Manager

    AZ-400 Team Training ✓ Verified

Frequently Asked Questions

Everything you need to know about the CFE Prep: Fraud Schemes, Law & Investigation training course

Is the CFE certification exam included in the CFE Prep: Fraud Schemes, Law & Investigation course, and what is the exam fee if separate?
The CFE certification exam is not included in the CFE Prep: Fraud Schemes, Law & Investigation course. You must purchase it separately from the ACFE for $480. This fee is standard for all candidates, and Koenig Solutions does not bundle exam vouchers with this training.
What delivery modes does Koenig offer for the CFE Prep: Fraud Schemes, Law & Investigation course, and is it Guaranteed-to-Run?
Koenig offers the CFE Prep: Fraud Schemes, Law & Investigation course via live online, 1-on-1, and classroom training. All formats are Guaranteed-to-Run, ensuring your session proceeds even with one student. We provide flexible global scheduling to suit your professional needs.
How long is lab access provided for the CFE Prep: Fraud Schemes, Law & Investigation course, and what environment is used?
This CFE Prep: Fraud Schemes, Law & Investigation course is a knowledge-based program, so technical labs are not required. Instead, you receive one year of access to essential digital materials, including the Fraud Examiners Manual, flashcards, and practice questions via the official ACFE platform.
What is Koenig's rescheduling and cancellation policy for the CFE Prep: Fraud Schemes, Law & Investigation course, including any fees?
Koenig offers one free reschedule for the CFE Prep: Fraud Schemes, Law & Investigation course if requested 10 days before starting. Changes made within 10 days incur a 50% fee. Our policy balances your need for flexibility with our commitment to reliable, high-quality training delivery.
What is the format, number of questions, passing score, and time limit for the CFE certification exam?
The CFE exam includes three sections: Fraud Schemes (120 MCQs, 2.5 hours), Investigations (120 MCQs, 2.5 hours), and Prevention (70 MCQs, 1.5 hours). You must achieve a 75% passing score in each section. Exams are available at Prometric centers or via remote proctoring.
How long is the CFE certification valid, and what is the renewal process and cost?
Your CFE certification remains valid indefinitely provided you maintain active ACFE membership. You must complete 20 hours of Continuing Professional Education (CPE) annually. There is no additional renewal fee, ensuring your credential remains a cost-effective asset for your long-term career growth.
What post-training support does Koenig provide after completing the CFE Prep: Fraud Schemes, Law & Investigation course?
Koenig provides 30 days of post-training support for the CFE Prep: Fraud Schemes, Law & Investigation course. This includes access to session recordings, trainer availability for clarifying complex concepts, and expert guidance on your exam registration process to ensure a smooth transition to certification.
What are the prerequisites or professional experience needed to take the CFE Prep: Fraud Schemes, Law & Investigation course?
There are no formal prerequisites to join the CFE Prep: Fraud Schemes, Law & Investigation course. However, to earn your CFE credential, you must meet ACFE requirements, including 40 points from education or fraud-related experience, plus a minimum of two years of professional work.
What is the average salary impact or career benefit of earning the CFE certification after completing this course?
Certified Fraud Examiners earn a median global salary of $104,000, which is 32% more than non-certified peers. According to the 2024 ACFE Compensation Guide, U.S.-based CFEs earn $120,000 on average. This course provides the expertise needed to secure these higher-paying, high-demand roles.
How does the CFE Prep: Fraud Schemes, Law & Investigation course compare to self-study using only the ACFE materials?
The CFE Prep: Fraud Schemes, Law & Investigation course provides structured, expert-led training that outperforms unguided self-study. You gain interactive doubt resolution and a guaranteed schedule, which significantly increases your exam pass rates compared to using ACFE manuals and question banks alone.
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