Internal Embezzlement – That’s when an internal employee or manager embezzles from your company this creates huge losses for corporations and those losses are 4 times higher when they’re discovered after it pops up through your accounting department. They’re much lower when they are revealed through an investigation and we’re going to look for that fraud triangle right the ability and need and justification of that employee. Why they are stealing and how they are stealing.
Corporate Due Diligence – This is when you are doing a buy-sell with another company, you want to do due diligence on maybe the company you are buying, to make sure that represents are correct or if you are selling due diligence on your purchaser, to make sure that it’s the right fit, maybe their finances are in order, you’re also going to look at due diligence on a potential vendor if you’re looking to buy something and you are going to have a vendor give you a product. You want to make sure that the vendor is capable of providing that product at the same time. If you are buying something or somebody’s buying from you and you want to take cash from them at a later date you’re going to want to make sure that their credit representation is correct.
Competitor Intel – If you have a competitor in your market place that’s maybe growing, maybe it’s a new competitor, maybe it’s somebody you are going to provide a service or product into their market place. You want to see if your new campaign can be structured to match up with that competitor. You also want to see how your sales people are presenting your product to a new client. How it matches to that client. Maybe even how they’re speaking about you.
Fraud against the Company – If there is a Ponzi scheme may be a check hiding scheme, maybe even a hacking scheme against your company that’s another type of investigation. That is very common as a corporate investigation type.
Litigation tactical preparation – If you have a lawsuit or legal activity against the company or against another party or maybe they are taking action against you. Doing tactical investigation for that action, maybe checking out the attorneys of the other side. What is their style of litigating? What types of expert witnesses will they put forward? What is the counterparty? Like, do they have assets to fund this case either as a Litigation plaintiff or defendants those are the kind of things that litigation tactical prep will help you and your law firm successfully execute that case.
So those are the top methods of corporate investigations that might help you as a company.