How Much Does A Fraud Investigator Make?

Many individuals who wish to become a fraud investigator wonder how much a fraud investigator makes. And, like other occupations, the salary of a fraud investigator may vary according to the level of experience. The more experience the fraud investigator has, the higher the salary will be.

In case you have any doubts about the fraud investigator career, talk to a private detective by calling Private Investigator on 0800 061 4397 or sending an email at contact@privateinvestigator.co.uk.

Mainly, a fraud investigator is the professional responsible for determining if an individual or companies have committed a fraud to gain a financial benefit. Since the fraud field is enormous, a fraud investigator normally specialises themselves in an area, such as accounting or insurance.

Regardless of the fraud field chosen, fraud investigators will follow similar steps when conducting a fraud investigation. Some of the similar steps a fraud investigator needs to conduct during a fraud investigation include carrying out data analysis, checking evidence and interviewing the parties involved.

In the United Kingdom, the average salary varies from �21,000 to �39,000. The salary can vary according to the level of the experience.

The salary of a private investigator with up to a year of experience may be �21,000. A mid-career fraud investigator with five to nine years of experience in the field can earn �26,000. On top of that, a fraud detective with 20 or more years of experience may earn about �39,000.

Just like in the United Kingdom, in many countries across the globe, the salary of a fraud investigator varies according to the level of experience. In USA, for instance, the salary of a fraud investigator ranges from $50,000 (�38,000) to $74,000 (�56,000). A fraud investigator with less than a year of experience earns about $50,000 and a more experienced investigator with 20 or more years of experience can earn $74,000. In Canada, the salaries range from C$51,000 (�29,000), for entry-level fraud investigators, to C$73,000 (�42,000), for fraud investigators with 20 or more years of experience.