Corporate Fraud Investigations

With many businesses operating on a far more global scale than ever before, we have seen a dramatic increase in business transactions, IT and Internet usage, contractors and suppliers. As a result, the need for fraud investigation has increased exponentially and organisations are at risk from both internal and external parties.

What Constitutes Corporate Fraud?
Fraud Investigation can cover many occurences, from the falsification, deletion or manipulation of transaction records, data or inventories. Corporate fraud can go on for months or even years without detection, costing organisations untold financial damage, as well as affecting brand reputation and employee morale in many cases.

Surveys have shown that nearly 80% of corporate fraud involves at least one internal employee, and where more than one employee was involved, loss increases by a ratio of over 2.5. Moreover, nearly one fifth of fraudulent employees have been with the company for ten years or more. The dilemma for managers who suspect fraud within their organisation is knowing what steps to take in the instance of fraud.

The Regents’ Approach
At Regents, we understand that fraud can be an isolated occurrence, or a more complex matter involving international transactions and offshore entities. Our certified fraud investigators, accountants and computer forensics experts have experience across a range of industries. We can assist clients at any point of the fraud cycle, including halting ongoing fraud, identifying the perpetrators, and revealing the methods used. We can also liaise with law enforcement or corporate lawyers to ensure that the perpetrators are prosecuted and the assets secured before the fraud investigation is completed.

Where clients hold fidelity insurance that covers loss through fraud, Regents fraud investigators can assist in the making and justification of the claim, through our extensive reporting process. We will identify those responsible and detail the mechanics of the fraud. Where no insurance is in place, Regents assists in the tracing and locating of assets for forfeiture to the client via the civil law process.

For a proactive approach to preventing and reducing fraud, visit our Fraud Audit page and Whistleblower page for further information.

To discuss any Corporate Fraud concerns you may have on a confidential basis, email contactus@regentsriskadvisory.com.