In recent years we have worked on the following types of projects.
Business background investigations of various entities and individuals of including information gathering, data verification, asset tracing, identification of undisclosed relationships and conflicts of interests in the CEE region.
Insolvency crime investigations
Forensic investigation of a logistics company involved in insolvency proceedings including ongoing support of its insolvency trustee. The investigation was focused on identifying asset-stripping, detection of irregular transactions and tracing the company's assets. Data analysis of accounting records, cash flow analysis, detailed reviews of property transactions, contract reviews and background investigations of selected business partners and key company representatives. The identification of undisclosed relationships and conflicts of interest between company representatives and third parties. Quantification of damages and writing of forensic reports for further legal proceedings.
Investigations of asset stripping and insolvency crimes
Investigation of the long-term tunnelling of a group of manufacturing and distribution firms. Creation of a summary of the timeline of the company’s major events in terms of management decisions, financial decisions, financial status, business deals, asset and property transactions and other events. Investigation of major cases and collection of evidence which proved the existence of illegal transactions which were approved by the client’s statutory bodies. Close cooperation with a law firm which represented the client and the delivery of the forensic report for further legal proceedings.
Investigation of asset stripping and tracing of company’s assets
Forensic investigation of a wood processing company in insolvency proceedings. The covert investigation was focused on the identification of possible asset-striping, detection of irregular transactions and the tracing of the company's assets. Data analysis of the accounting records, cash flow analysis, detailed review of the property transactions, contract reviews, background investigation of selected business partners and key company representatives. Identification of undisclosed relationships and the revealing of a wide network of interrelated parties which realized transactions with the company. Quantification of the damages and creation of the final report. Close cooperation with law firms and company creditors.
Investigation of allegations of fraudulent behaviour of the company's executives which resulted in asset stripping and tunnelling of the company's funds. Forensic accounting investigation, reconstruction of the company's books, cash flow analysis and a detailed review of selected business transactions. We identified a broad scope of irregular transactions to the detriment of the company and proved fraudulent activities conducted by the company's executives. The final report was used by lawyers in the following litigation proceedings.
Investigation of sophisticated financial crimes, including accounting manipulations
Investigation of suspected tunnelling and falsification of financial records by one of the company owners. Data analysis of accounting records, detailed review of property transactions, contract reviews and interviews with suspects. On-site surveillance and collection of operational information. Summary of cash flows, identification and verification of business partners, asset-tracing and the tracking down of financial resources withdrawn from the company. Business background searches on selected key individuals and entities related to the company.
Investigation of corruption
Investigation of allegations regarding illegal activities and corrupt practices of the company’s statutory authorities. Gathering information and conducting background searches of the company representatives, cash flow mapping, identification and verification of business partners, reviews of selected business transactions. We detected and investigated the structure of complex business operations which were created to strip away the company’s assets.
Investigation of management fraud
Investigation of suspected tunnelling of the client’s subsidiary and the corrupt behaviour of the former subsidiary’s owner. Collection of information and background checks of the subsidiary’s key personnel. Summary and analysis of cash flows, identification and verification of business partners, tracing of hidden assets and location of financial sources withdrawn from the company. Review of the subject’s property background investigation of selected key entities.
Investigation of credit fraud and tunnelling
Investigation of asset-stripping and credit fraud at a financial institution (major provider of micro-lending). Investigation of already existing allegations and evidence gathering regarding fraudulent behaviour based on extensive data-mining and interviews. Detailed review of suspicious loans selected according to the data-mining results. Review of contractual provisions from an economic point of view, assessment of contract’s compliance with internal policies and the assessment of approval processes. Investigation of the available accounting documentation, electronic data and other information including the verification of the use of funds and identification of certain conflicts of interest. Identification of irregularities and the creation of a final report.
Investigation of corruption
Investigation of corruption allegations of the procurement manager. Information collection regarding the subject, identifying links with third parties and undisclosed relationships. Identification of personal assets and properties of the subject. Corrupt behaviour integrity check.
Forensic audit of investments
Forensic investigation of selected investments of an investment fund. Review of contracts, economic assessment of contract’s compliance with applicable laws and internal regulations, compliance monitoring of selected contractual obligations and assessment of the investment approval process. Review of all available accounting documentation, electronic data and other information, including verifying the proper use of funds, adequate approval processes and identification of conflicts of interest. Identification of irregularities and creation of a final report.