Fraud Investigation

As evidenced by high profile cases reported by the media, business collapse is a real possibility when fraudsters are at work. Sometimes the action of a single individual can have a huge impact – as Barings Bank would testify.

There is a need to act swiftly when a fraud is suspected in order to prevent the situation deteriorating and to provide the very best opportunity for recovering any losses that have already occurred.

Reacting to a suspected fraud

Making hasty decisions when fraud is discovered can prejudice the eventual outcome and even increase the loss to your business. Fraud Advisory Services recognises that simply reporting fraud to the police straight away may not be your only or best solution. It is important to understand that the primary interest of the police and other regulatory bodies is not to recover stolen assets from the suspects on your behalf but to secure a successful prosecution – even then they may not proceed until you provide them with a comprehensive evidence file.

How are you going to

  • stop the fraud without compromising the evidence?
  • safely deal with the culprit?
  • recover your losses?

Our approach

Our experience of undertaking fraud investigations within both civil and criminal arenas, in a diverse range of businesses of all sizes, has shown that taking control of the case at the outset provides numerous advantages:

  • we can mobilise investigation experts at short notice without alerting the fraudster. We will seek out the evidence necessary for either civil action or use by the police if the business decides to prosecute, in a way that will not prejudice the prosecution;
  • our priority will be to ensure no further losses or business interuption and to trace and recover any assets already missing;
  • we will liaise with the appropriate police or regulatory body in order to reduce the risk of adverse publicity;
  • we are experienced in interviewing techniques and in dealing with suspects correctly. In this way the disciplinary process can proceed without inviting counter claims of constructive dismissal;
  • we are discrete, dealing with your workforce during troubled times in a sensitive manner;
  • in the event of dismissals we are often able to provide temporary cover to ensure business continuity.

Fraud investigation services are provided to fraud regulators, companies, individuals and intermediaries including criminal and civil lawyers, banks and other financial institutions throughout the UK and further afield.

Core services:

Advisory services:

In addition specialist fraud detection “Fraud Risk Advisory” services provide protection for organisations against the threat of fraud through the provision of corporate fraud advice.

Clients:

Working closely with police fraud squads, economic crime units, Companies Investigation Branch (BIS, formerly DTI and BERR) plus organisations and individuals suffering frauds.  Provision of a cost effective solution for more modest losses suffered by small businesses or individuals with First Stage Investigation services.

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