 We
have different success stories that can show our scope and our
experiences. Some of them are described below:
Performance Bond Fraud
Corporate Research and Investigations (Private) Limited were
retained by a local
financial institution which had been the subject of a performance
bond fraud. At the outset of their retainer, Corporate Research
and Investigations (Private) Limited did not have sufficient
evidence to identify assets of the fraudster let alone be in
a position to freeze them.
Due to the investigations of Corporate Research and Investigations
(Private) Limited and an investigative team, it was established
that the fraudster had defrauded a number of companies on a
similar basis over several years. By the way of negotiation,
CRI secured the documentation and look over an action that had
previously been abandoned by another victim. Based on the information
that they collected, simultaneous Orders were obtained in various
other locations freezing assets. At the same time a search was
carried out at two London premises occupied by the fraudster
where substantial documentation was discovered to support the
claim.
During the course of the ensuing proceedings, CRI obtained Orders
requiring third parties to immediately deliver up material documentation
which otherwise would not have been made available.
In that process, CRI’s investigative team was consisting
on Certified Fraud Examiner, corporate lawyers and chartered
accountants.
Investigations of Misconduct / Malpractice
 Corporate
Research and Investigations (Pvt) Limited engaged by a largest
Pharmaceutical company having issues of false sales targets,
misappropriation of company resources, malpractices, fake medicine
samples for physicians, and compensation provided to Chemists
and Stockiest. CRI Investigation team consisting of Certified
Fraud Examiner, Investigation Supervisor, investigators and
client’s Regional Security Head conducted a serial of
investigative interviews, discreet investigations and asset
searching of questioned employees of the business Unit .we achieve
the objectives by providing successful investigative support
to Corporate Security Office of the company to eliminate the
crime picture within organization.
Fake Invoices and Purchase Fraud
 A
big U.S. Pharmaceutical company approached CRI with the problem;
they faced
inside the company’s local Unit a possible fraud and diversion
of product from one of their business units. In addition there
seems to be issues of false billing on purchase of items on
fake invoices. In short the case was twofold.
CRI under the supervision of Certified Fraud Examiner and forensic
accounting staff of CRI conducted of forensic audit of the concerned
unit and found a large scale fake invoices and bills. Further
investigations and physical verifications reveals a persistent
practice of purchasing costly items and gifts for Doctors in
order to promote the products of the company from non-existing
firms and shops which results in huge plunder to the funds of
the company.
An undercover agent assigned to pinpoint the locations where
stock is being diverted and sold in the open market, a large
scale stock captured and seized. CRI has successfully investigated
all the frauds in purchase problems and invoices.
Pre-Employment Screening (Background
Investigations)
 Corporate
Research and Investigations (Pvt) Limited, has been engaged
to undertake Background Investigations and Pre-Employment Screenings
since 2001 and carried out more than 1000 Criminal History,
Civil Litigations, Educational Verifications, Employment reference
Verifications, Identity Verifications each month having jurisdiction
across Pakistan particularly and around the world in General.
There was much interested case while screening pre-employment,
one candidate claimed in his CV to be a Software Engineer having
past employment with one of public administration department
with USD 2000 per month, his degree was checked and appeared
that he had no such qualifications as he claimed and employed,
the degree was fake having no record at concerned University.
Second most interesting case came into the line of performing
Criminal History check on a Vietnamese and found following results
which was found by our daily updated Sanction and Embargo Lists
database:
“A Vietnamese court has convicted three Americans of terrorism,
and ordered them deported. Along with four Vietnamese, the candidate,
Americans - all naturalized - were accused of trying to take
over radio airwaves and call for an uprising against the communist
government. Under Vietnamese law, this charge is called terrorism.
The trial heard that the man behind the charges was a Vietnamese-American…
who was wanted in Thailand for a failed plot to bomb the Vietnamese
embassy. All seven were sentenced to 15 months in prison, including
time already served; meaning the Americans will likely to be
deported before the end of the year."
Our client’s subject was also found member of the Free
Vietnamese Government.
Investigative Due Diligence
 Following
is a detailed example of many projects we undertake in order
to Risk assessment, due diligence and profiling of a potential
business partner/joint venture.
We were requested to conduct a discrete investigation on ABC
Holding, a company in the Kyrgyz Republic. The main goals of
the investigation were to assert the existence, legal status
and business reputation of the company, as well as to confirm
their experience and ability to perform construction projects
in the field of Water systems buildup and repairs.
The technical aspects and communication to Kyrgyz companies
proved to be very challenging, since many telephone numbers
in the country are frequently changed, and many lines are not
available at all times. As a result, we have not relied only
on remote research, but have employed local assistance. This
proved to be of great help.
In the process of locating the company and its contact details
(which have been changed), we have contacted the local financial
institutions, the Government Departments, the local offices
of International Funding agencies, and a long line of other
local companies, especially in the related practice areas of
expertise.
From the outset, it was clear to us that this company is not
well known. Almost none of the other companies or local authorities
had previous knowledge of the company. In regard to government
offices, we could not found to retrieve official information
without company number, which were not incorporated with concerned
regulatory authorities as per law of the land. Eventually, the
main lead was the local office of an International Funding agency,
which has awarded a contract to the company in 2002, with financing
of approximately one million US Dollars. Further investigation
coordination with a local Funding agency officials revealed
that the ABC Holding Company was directly subordinated to the
Ministry of Agriculture and Water Resources.
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