Why do I need a Financial Investigation?
If you believe you are a victim of fraud, identity theft or other theft, a financial investigation can help determine if this is the case and may help you recover the funds. In some cases, financial investigations can recover assets and bank accounts as well as provide evidence for legal procedures.
This service answers questions such as How? Why? When? Investigations can involve any use or misuse of funds whether personal or corporate.
Financial investigations are most commonly used in the following situations:
Corporate Financial Investigations
- Mergers and acquisitions
- Shareholder and partnership disputes
- Business interruption and property claims losses
- Business/employee fraud
- Corporate internal investigations
Personal Financial Investigations
- Divorce litigation
- Personal injury claims / motor vehicle accidents
- Mediation and arbitration
- Other types of civil litigation
What happens in a Financial Crime Investigation?
A financial investigation tries to conclude the source of the money, its movements, and how it is used. Commonly also named forensic accounting, this kind of investigation is often critical when handling corporate investigations, theft, embezzlement, money laundering, tax evasion, asset searches, criminal, and many other types of investigations. Financial investigations can help reveal tax evasion, public corruption, health care fraud, telemarketing fraud and other illegal activity that costs all institutions and personal funds.
According to the specifics of the case, there may be time spent on the recovery of financial data, including documents that are not publicly available, hidden or deleted. This would involve the analysis of a variety of documents from bank account records, receipts, banking information, real estate files, motor vehicle records and possibly computer files. At request, investors may use computer forensics to uncover data on computer hard drives that may be relevant.
Investigators will analyse all data collected with the objective of documenting the paper trail for the movement of the money.