Forensics
FORENSIC INVESTIGATION AND ANALYSIS
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Forensic investigations and asset tracing.

When companies or other stakeholders discover financial misconduct, it is essential to work out what has happened, quickly and assuredly. This is done best with the early involvement of a forensic accountant.

I focus on commercial forensic matters in helping my clients rapidly assess and address instances of fraud and misconduct. My scope of work is confined to the specific areas of forensic insolvency and fraud (financial) including regulatory investigations.

Uncovering a complex financial crime requires a sophisticated approach but at its core, the principle issue is often that of (mis)accounting. When you consider that accounting is based on the concept of the double-entry and where a transaction is recorded, traces inevitably remain of illicit activity. Uncovering the concealed transaction and crime is the challenge that faces forensic accountants who are trained to spot these inconsistencies.

I adopt a clear and strategic approach to help my clients establish as quickly as as possible the facts and advising them on the likely economic implications. At the outset, I have always found it important to set out the framework around which the work is to be undertaken and the processed involved.


The investigation and analysis should provide with an objective understanding of the situation and enable my clients to make informed decisions while being cognisant of any inherent information deficit, uncertainty and the time/costs involved in the process.
Why . What . How

Oftentimes, I advise my clients to first take a step back with me to look at the issue with an independent mind, free of any emotional considerations that can hinder or cloud the decision on whether and what action to take.

 

In most cases, it helps to consider and take account of some of the key factors that will affect the success of any action, investigation and recovery. For this, I like to use my: Why, What and How model.
Insolvency: a tool for enforcement and recovery.
In many jurisdictions, insolvency legislation can be a broad and easy tool to use for those that have suffered loss to use as a means for enforcement and recovery. Often times, an insolvency practitioner has access to legislated tools similar to orders of discovery and compliance without the need to involve or invoke fraud/criminal legislation which often places a higher threshold on the party who has suffered loss to prove.
Project Golden Apple.
In a high profile matter, we acted on the liquidation, investigation and recovery of assets in one of the largest US-based personal tax evasion and corporate fraud schemes.

Working through the Caribbean, US and the EU, we were able to prevent further losses to our client and trace assets including oil paintings and cash.

The target individual was arrested by the FBI and subsequently jailed.
Project Red Dragon.
We acted as liquidators and initiated an investigation and recovery of funds lost through a cash leakage scheme that had been operated within a multinational corporaiton.

Over years, signifcant cash sums were leaked out through a complex web of related party transactions across multiple jurisdictions and individuals.
In a challenging and evolving commercial environment, those needing a forensic accountant should ensure that their professional is experienced and suitable for the role specifically where the matter crosses borders and challenges the commercial decision on any potential recovery action.
In a challenging and evolving commercial environment, those needing a forensic accountant should ensure that their professional is experienced and suitable for the role specifically where the matter crosses borders and challenges the commercial decision on any potential recovery action.
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