# Red Flags of Infrastructure Fraud Course (Self-Paced)

Canonical URL: <https://www.graduateschool.edu/courses/red-flags-of-infrastructure-fraud-course-self-paced>

## Overview

The Infrastructure Investment and Jobs Act (IIJA) provides $1.2 trillion in federal spending over the next five years, mostly in grants and contracts to states and local governments for public transit, railways, power grids, electric vehicles, electric buses, ferries, airports, waterways, and broadband internet, as well as environmental protection, climate change, drinking water, and transportation safety. This program of fast-moving money, with untested controls, provides vast opportunities for fraud and waste. Auditors, Investigators, Special Agents, Grants, and Contract Managers at all levels of government will need to be especially vigilant of possible schemes and red flag indicators of fraud that rob the public of funds and performance

## What you'll learn

- Understand the basics of IIJA, the agencies, the projects, and the spending.
- Understand Auditors' responsibilities for fraud awareness and detection.
- Assessing the risks, controls, and environment for fraud.
- Be aware of fraud schemes and indicators that are common to federally funded projects.
- Understand the federal civil and criminal statutes that fraud schemes violate.
- Reinforce knowledge of schemes through sampling of prosecuted infrastructure cases.

## Curriculum

#### Module 1: Purpose and Scope of the Infrastructure Investment and Jobs Act (IIJA)

- Overview and purpose of IIJA and its significance in infrastructure investment.
- Key projects and funding allocations included in the IIJA.
- Examination of spending plan across various sectors (transportation, energy, broadband, water).

#### Module 2: Auditor’s and Reviewer’s Responsibility for Fraud Awareness and Detection

- Understanding auditor responsibilities per professional standards (GAGAS, AICPA).
- Risk assessment strategies and controls for fraud detection.
- Identifying conditions and red flags indicative of potential fraud.
- Exploring the moral climate and pressures that may lead to fraudulent activities.

#### Module 3: Fraud Schemes and Red Flags

- Types and categories of fraud schemes (e.g., billing schemes, bid-rigging).
- Detailed examination of fraud schemes specific to infrastructure projects.
- Common red flags indicating potential fraudulent activities.
- Strategies for identifying and addressing fraud risks.

#### Module 4: Federal Statutes and Remedies on Fraud Applicable to IIJA Projects

- Summary of key federal statutes addressing fraud (False Claims Act, Wire Fraud, RICO).
- Understanding legal implications and penalties of fraudulent activities.
- Procedures for collecting and presenting evidence of fraud.

#### Module 5: Cases of Infrastructure Fraud

- Analysis of recent infrastructure fraud cases and outcomes.
- Lessons learned from prosecuted fraud cases in infrastructure projects.
- Implications of fraud on project execution and public trust.

## Pricing

**Tuition:** $649