FORENSIC SERVICES
Fraud Risk Assessments & Investigations
Identifying and investigating potential fraud risks to protect your organization from financial loss.
- Policy Review: Analysing procedure and policy documents from the relevant period to identify gaps and lapses.
- Red Flag Identification: Detecting signs of potential fraud, such as unusual transactions, discrepancies in financial records, or conflicts of interest.
- Detailed Investigation: Conducting thorough investigations into suspected fraudulent activities, including forensic accounting and interviews with relevant parties.
- Evidence Gathering: Collecting and preserving evidence to support findings and assist in potential legal proceedings.
Enforcement Agencies Assistance - CBI, SFIO
Providing support and collaboration with enforcement agencies to address financial crimes and ensure legal compliance.
- Case Preparation: Assisting in the preparation of cases for submission to enforcement agencies, including the collection of evidence and documentation.
- Legal Support: Working with legal teams to ensure that all actions are compliant with regulatory and legal requirements.
- Ongoing Coordination: Maintaining communication and coordination with enforcement agencies throughout the investigation process to ensure alignment and support.
Forensic Audit Under RBI Guidelines
Conducting audits in line with RBI guidelines to uncover and address financial irregularities.
- Audit Planning: Developing audit plans that adhere to RBI guidelines, ensuring a comprehensive review of financial transactions.
- Identification of Irregularities: Uncovering financial irregularities such as embezzlement, fraud, or misreporting through detailed analysis.
- Documentation & Reporting: Providing detailed reports that document findings and outline necessary corrective actions.
Transaction Audit Under IBC 2016
Performing transaction audits under the Insolvency and Bankruptcy Code (IBC) to ensure compliance and transparency.
- Irregularities Identification: Identifying any transactions that may be considered fraudulent, preferential, or undervalued during insolvency proceedings.
Digital Forensic
Leveraging advanced digital forensic techniques to uncover evidence of cybercrime and other digital misconduct.
- Forensic Analysis: Analysing digital devices and data to uncover evidence of cybercrimes such as hacking, data breaches, or unauthorized access.
- Evidence Preservation: Ensuring that digital evidence is collected, preserved, and documented in a manner that is admissible in legal proceedings.
- Open-Source Intelligence(OSINT): Conducting market intelligence using open sources like social media and reputational checks to gather information relevant to investigations.
- Direct Contact Investigations: Reaching out to current and former employees, vendors, and other stakeholders to gather insights into the business and potential issues.
Anti Bribery and Corruption
Implementing robust anti-bribery and corruption measures to safeguard your organization’s reputation and legal standing.
- Anti-Bribery Framework: Developing and implementing anti-bribery policies and procedures that comply with relevant laws and international standards.
- Training Programs: Providing training for employees and management on anti-bribery and corruption practices to ensure adherence to policies.
- Risk Assessment: Assessing the organization’s vulnerability to bribery and corruption and implementing measures to mitigate these risks.
- Audit Support: Assisting with internal and external audits to ensure compliance with anti-bribery regulations.
Assets Tracing
Tracing and recovering assets lost to fraud or other financial crimes, ensuring that your organization’s resources are protected.
- Onshore & Offshore Assets: Tracing assets both within and outside of the country, including banking transactions, property, and other valuable resources.
- Forensic Techniques: Utilizing forensic techniques like lifestyle mapping, corporate filings, and criminal search to locate hidden assets.
- Fund Diversions: Investigating fund diversions and ensuring that diverted assets are recovered and returned to the rightful owner.
- Network Analysis: Mapping the network of relationships and transactions to trace assets through acquaintances, memberships, and other connections.
AML and KYC Review
Conducting Anti-Money Laundering (AML) and Know Your Customer (KYC) reviews to ensure compliance with regulatory standards.
- Policy Review: Evaluating existing AML and KYC policies to ensure they meet current regulatory requirements.
- Process Audit: Auditing the organization’s processes for customer verification, transaction monitoring, and reporting to ensure compliance with AML and KYC regulations.
- Mystery shopping: Implementing mystery shopping techniques to assess compliance with AML/KYC standards and gain insights into customer interactions.
