Expert Fraud Analysis and Litigation Support Services

We take a meticulous approach to fraud examinations, including these key steps:

1. Planning and Scoping the Investigation

We begin by carefully planning and scoping the objectives, allegations, requirements, timelines, and other parameters of the investigation. This planning phase involves:

• Meeting with clients to understand suspicions and desired outcomes.

• Identifying high priority bank accounts, computer systems, applications, physical locations, and records to target.

• Researching entities, individuals, time periods, and other case details to focus on.

• Creating a detailed work plan and investigation strategy based on the specifics of the case.

• Taking steps to preserve relevant evidence and avoid tipping off potential suspects.

Thorough planning and scoping sets the trajectory for an efficient, targeted examination of the evidence.

2. Gathering Records, Documents, and Electronic Evidence

Our fraud examiners use appropriate methods to securely gather a wide universe of relevant documents and electronic records, including:

• Bank and credit card statements

• Accounting system exports

• Invoices and payment records

• Payroll databases

• Contracts and agreements

• Email communications

• File downloads from computers and mobile devices

• IP address and access logs

• Security camera footage

• Public records

Having access to as many related sources as possible provides the raw data needed for a comprehensive investigation. Our certified forensic experts know how to preserve the integrity of sensitive electronic evidence.

3. Organizing Evidence in an Investigation Database

We securely process, catalogue, and organize evidence in customized databases for efficient analysis. Data is indexed, sorted, validated, and input into our advanced fraud analytics platform. This enables seamless querying to identify linkages, patterns, anomalies, and suspicious activities for further investigation.

4. In-Depth Examination and Analysis

Our fraud experts thoroughly analyze the organized evidence from start to finish to uncover signs of fraud and deception. This involves:

• Reviewing accounting and financial records for abnormalities like duplicate payments.

• Tracing funds between accounts and flagging unusual money movements.

• Identifying timeline gaps, uploading spikes, or suspicious access pointing to data tampering.

• Spotting inconsistencies in vendor names, addresses, or bank details.

• Isolating deviations from established payment processes and controls.

No detail is too small when it comes to spotting indicators of fraud in volumes of data. Our team will leverage data analytics, forensic accounting, and criminal psychology techniques to detect red flags.

5. Conducting Investigative Interviews

In many cases, we will conduct formal interviews of persons potentially involved in the fraud scheme to obtain additional details, explanations, and information. Interviews may lead to early confessions for minor participants or build a stronger case against primary culprits. Our experts are trained in interrogation techniques, verbal cues, and criminal psychology to derive facts from interviews. We consult with legal counsel to ensure interviews meet local regulations.

6. Developing Theories and Testing Hypotheses

As patterns emerge, we develop preliminary hypotheses and theories of what transpired based on the evidence. Our fraud examiners then gather additional documentation to prove or refute those scenarios. By testing different theories, we uncover the full details of how the fraud progressed and hid undetected.

7. Detailed Reporting on Findings

We distill investigation findings into a comprehensive report that summarizes:

• Background of the suspected fraud

• Scope and parameters of the investigation

• Overview of documents and evidence examined

• Detailed description of suspicious activities and anomalies observed

• Methods used by suspects to commit and conceal the fraud

• Investigative analysis and conclusions

• Estimated total losses and monetary impact

• Full timelines of events constructed during the investigation

• Suggested next steps for confronting suspects, strengthening controls, initiating terminations or legal proceedings, and recovering stolen funds

The report provides clients a complete picture of what transpired to support

8. Case Resolution and Recovery Efforts

With evidence in hand, we work closely with clients on:

• Confronting and interviewing suspects with legal counsel present.

• Negotiating admissions, restitution agreements, and voluntary separations where appropriate.

• Terminating guilty employees and vendors.

• Reporting findings to insurers and recovering available policy limits.

• Filing civil lawsuits and supporting law enforcement in building criminal cases against offenders.

• Presenting findings and suggested improvements to executive leadership and audit committees.

• Implementing new financial controls, IT security solutions, and fraud prevention measures.

• Revoking unauthorized access to systems and accounts from guilty parties.

• Identifying where stolen funds were routed and pursuing asset seizures and recovery through legal filings.

We provide litigation support, expert witness testimony, and work hand-in-hand with clients through to the final resolution of each unique fraud case.