Corporate Fraud

Corporate Fraud

The detection of corporate fraud usually arises from an internal audit finding, anonymous tip off, suspicion, complaint, whistle-blower or allegation. In our experience, suspicions of fraud are normally well founded, irrespective of the source.

If a suspicion of fraud has arisen we trust clients’ instincts and consult with them to develop the next course of action, analyse the evidence and circumstances surrounding the suspicion and to set out objectives in an investigation plan.

Whatever the investigation, each case must begin with the intention that it will end in litigation.

“Once a suspicion of fraud has arisen, don’t panic but act quickly. Seize the initiative by developing a course of action. Analyse the available evidence and circumstances surrounding the suspicion, retain accurate records, develop a fraud theory and set out your objectives in an investigation plan.”

Fraud Triangle

Fraud is any behaviour by which one person intends to gain and dishonest advantage over another. Corporate Fraud refers to those cases in which a company or organisation is involved.

Case Planning

This is the starting point of most fraud investigations. Our Certified Fraud Examiners determine the finer details of the suspected fraud, look to identify those involved and understand the mechanics of the fraud. We work closely with clients to define the objectives of the investigation, identify the evidence required and compile an agreed review schedule.

Evidence & Analysis

We interrogate and document evidence legally obtained from our client’s communication records, data entry logs, audit and financial statement reviews and personnel files. A review of evidence gathered from digital forensics, CCTV footage, mobile surveillance, interviewing and profiling research can also be conducted.


We specialise in identifying accurate information and evidence from Open Source Intelligence (OSINT) and Human Source Intelligence (HUMINT) methods. Using innovative and conventional techniques we interrogate online media and press databases, court documents, global business filings, property records, web-based communities and social networks to support the evidence gathering process.


The objectives of each interview will be determined by the investigation plan and evidence already collected. Our Certified Fraud Examiners and investigators have experience in interviewing hostile witnesses, co-conspirators and the suspects themselves and apply professional techniques and principles to seek out the truth.
The Fraud Triangle

Case Study

Our CEO was part of a fraud investigation team working for a multi-national electronics company who had several manufacturing plants in Juarez, Mexico, an area which is often a hostile and dangerous environment to conduct business.

After conducting a fraud risk review, the fraud investigation team identified several senior executives who were accepting bribes from a local narcotics cartel to supply them with arranged over-run production items.

These high value items were then sold on the black market by the cartel. Over three years, the fraud had cost the company $5.8m.  In addition, the company had to bear the cost of removing the fraudsters, increasing its physical security and to hire a new leadership team.

The team also uncovered additional instances of fraud and corruption in the  procurement department and from their vendors that led to investigations, surveillance and interviews being conducted across the Mexican Border Zones, Texas and San Francisco.