We're so confident of our products that we provide no hassle product exchange.
ACFE CFE-Law Exam Overview:
| Certification Vendor: | ACFE |
| Exam Name: | Certified Fraud Examiner - Law |
| Exam Number: | CFE-Law |
| Passing Score: | 75% (overall composite score) |
| Available Languages: | English, Japanese, Korean, Spanish, Portuguese, German, French |
| Certificate Validity Period: | CFE certification valid for 2 years (must earn 20 CPE credits per cycle) |
| Real Exam Qty: | Approximately 100-120 questions across all segments |
| Exam Price: | USD $100 - $150 (part of CFE certification exam fee) |
| Related Certifications: | CFE (Certified Fraud Examiner) |
| Exam Format: | Multiple Choice, Scenario-based Questions |
| Exam Duration: | Segmented (approximately 2-3 hours per segment) |
| Sample Questions: | ACFE CFE-Law Sample Questions |
| Exam Way: | Computer-based testing at PSI Testing Centers or online proctored exam |
| Pre Condition: | Must be a CFE candidate who has passed the Fraud Examination, Financial Transactions, and Investigation segments before attempting CFE-Law |
| Official Syllabus URL: | https://www.acfe.com/cfe-exam |
ACFE CFE-Law Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| I. Law and the Fraud Examiner | - Legal requirements for evidence collection - Rights of investigators and defendants - Overview of the legal system and fraud investigation |
| II. Criminal Law | - Elements of criminal offenses - Criminal intent and Mens rea - Parties to criminal actions - Classification of crimes (felonies, misdemeanors) |
| IV. Rules of Evidence | - Types of evidence (direct, circumstantial, documentary) - Privilege and confidentiality - Expert witness testimony - Hearsay rules and exceptions - Relevance and materiality |
| VI. Testifying as an Expert Witness | - Cross-examination strategies - Report writing for legal proceedings - Direct examination procedures - Qualifications and credentials |
| V. White-Collar Crime Offenses | - Money laundering - Mail fraud and wire fraud - Embezzlement statutes - Bankruptcy fraud - Securities fraud - Tax fraud |
| III. Criminal Procedure | - Search and seizure laws - Exclusionary rule - Warrant requirements - Miranda rights - Arrest procedures |
ACFE Certified Fraud Examiner Sample Questions:
1. Which of the following is one of the three basic options by which organizations can legitimize cross-border transfers of personal information?
A) Establish a contract between the entities exchanging the information
B) Obtain a warrant granting permission to transfer the data
C) Use a third-party transferring service
D) Obtain approval from a Certified Information Privacy Professional (C PP)
2. When perpetrating a bustout scheme, an individual or business typically performs which of the following actions?
A) Files a bankruptcy petition under the name of an uninvolved person
B) Colludes with inventory suppliers to conceal assets
C) Uses credit to purchase a considerable amount of goods
D) Obtains a business insurance policy using illicit assets
3. Levi has been retained as an expert witness to provide testimony for a trial. Which of the following statements describes the primary purpose of Levi's testimony?
A) Levi will assist the fact finder by providing specialized knowledge on the admissibility of evidence in the case.
B) Levi will assist the fact finder by providing an opinion about the honesty of other witnesses in the case.
C) Levi will assist the fact finder by providing an opinion regarding whether the accused is guilty of the offense.
D) Levi will assist the fact finder by providing specialized knowledge that will help them understand evidence.
4. Which of the following scenarios is an example of the criminal sanction known as criminal forfeiture?
A) As part of her sentence for bribery, a defendant is ordered to transfer a vehicle she received as a bribe to the government.
B) As part of her sentence for money laundering, a defendant is sentenced to a three- to five-year term of incarceration.
C) As part of his sentence for embezzlement, a defendant is ordered to pay back his employer for the money he stole.
D) As part of his sentence for tax evasion, a defendant is ordered to pay a fine of $10,000 to the government.
5. One of the purposes of securities regulation is to maintain market confidence.
A) True
B) False
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: A |
By Hedda
