Fraud investigator vs certified medical technician

The differences between fraud investigators and certified medical technicians can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a fraud investigator, becoming a certified medical technician takes usually requires 6-12 months. Additionally, a fraud investigator has an average salary of $49,010, which is higher than the $38,859 average annual salary of a certified medical technician.

The top three skills for a fraud investigator include law enforcement agencies, investigative reports and fraud investigations. The most important skills for a certified medical technician are patients, vital signs, and CPR.

Fraud investigator vs certified medical technician overview

	Fraud Investigator	Certified Medical Technician
Yearly salary	$49,010	$38,859
Hourly rate	$23.56	$18.68
Growth rate	6%	5%
Number of jobs	5,470	164,424
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 59%	Bachelor's Degree, 28%
Average age	43	44
Years of experience	4	12

What does a fraud investigator do?

A fraud investigator specializes in investigating and identifying fraudulent activities within a company and its clients. Their responsibilities depend on their line of work or industry of employment. However, most of the time, their duties will revolve around devising strategies and systems to detect inconsistencies, monitoring suspicious transactions and accounts, conducting reviews to identify any security lapses or vulnerabilities in the procedures, and teaching staff how to notice any fraudulent activities. Furthermore, it is vital to implement the policies and regulations of the company.

What does a certified medical technician do?

Certified Medical Technicians are specialists in medical diagnoses by performing laboratory testing and analysis for hospitals and physicians. Their duties include lab sanitization to prepare for testing and collection, recording medical samples for testing, specimen preparation, blood drawing for donation and testing, and assisting physicians with sample collection as well as equipment handling in surgical rooms. They must also understand how to use complex and sensitive testing equipment such as cell counters, analyzers, microscopes, and centrifuges.

Fraud investigator vs certified medical technician salary

Fraud investigators and certified medical technicians have different pay scales, as shown below.

	Fraud Investigator	Certified Medical Technician
Average salary	$49,010	$38,859
Salary range	Between $32,000 And $74,000	Between $28,000 And $53,000
Highest paying City	Sacramento, CA	Denton, TX
Highest paying state	New York	Alaska
Best paying company	Deutsche Bank	Favorite Healthcare Staffing
Best paying industry	Finance	Health Care

Differences between fraud investigator and certified medical technician education

There are a few differences between a fraud investigator and a certified medical technician in terms of educational background:

	Fraud Investigator	Certified Medical Technician
Most common degree	Bachelor's Degree, 59%	Bachelor's Degree, 28%
Most common major	Criminal Justice	Nursing
Most common college	California State University - Bakersfield	University of Connecticut

Fraud investigator vs certified medical technician demographics

Here are the differences between fraud investigators' and certified medical technicians' demographics:

	Fraud Investigator	Certified Medical Technician
Average age	43	44
Gender ratio	Male, 49.6% Female, 50.4%	Male, 20.4% Female, 79.6%
Race ratio	Black or African American, 8.6% Unknown, 3.9% Hispanic or Latino, 9.6% Asian, 10.0% White, 67.6% American Indian and Alaska Native, 0.3%	Black or African American, 15.9% Unknown, 5.0% Hispanic or Latino, 14.6% Asian, 10.0% White, 53.8% American Indian and Alaska Native, 0.8%
LGBT Percentage	4%	8%

Differences between fraud investigator and certified medical technician duties and responsibilities

Fraud investigator example responsibilities.

Manage corporate-wide document production relative to complex litigation cases.
Detect and investigate fraudulent transactions such as money laundering, check forgeries, unauthorize ACH transfers and debit card fraud.
Review ISO reports and maintain close contact with police agencies working on fraud investigations.
Pursue recovery of bank funds through ACH processes, restitution from perpetrator and customer through criminal and civil means.
Write suspicious activity reports, address fraud alerts, and other applicable AML processes in accordance with regulations and time limitations.
Work on the development of a client application site determining the AML decision making rules, alerts, validation and verification.

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Certified medical technician example responsibilities.

Maintain the cleanliness of storage areas, trays, centrifuges, refrigerators, freezers and work area.
Administer medications to patients according to their medication record as scheduled, as needed according to physician orders.
Perform laboratory test and procedures in areas including chemistry, hematology, urinalysis, coagulation, serology, and bacteriology.
Perform first aid and apply CPR when necessary.
Perform first aid or CPR during medical emergencies until paramedics arrive.
Assist the residents in their ADL needs and prepare their meals.

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Fraud investigator vs certified medical technician skills

Common fraud investigator skills

Law Enforcement Agencies, 7%
Investigative Reports, 6%
Fraud Investigations, 6%
Criminal Justice, 6%
Financial Institutions, 4%
Fraud Claims, 4%

Common certified medical technician skills

Patients, 17%
Vital Signs, 12%
CPR, 8%
Administer Medications, 7%
Resident Care, 6%
HIPAA, 6%

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Business and Financial Industry
Fraud Investigator
Fraud Investigator vs Certified Medical Technician

Updated January 8, 2025

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