 We
have different success stories that can show our scope and experience.
Some of our past experiences are described below:
Performance Bond Fraud
A local financial institution was the victim of significant
performance bond fraud. Through various investigations, the
company was still unable to secure any evidence or any way to
properly obtain information on the suspected fraudster. This
prevented the bank from determining how much had been stolen,
or any way to freeze the stolen assets. It was then that the
financial institution turned to CRI.
After investigating,
the CRI team learned that the suspect had performed bond fraud
on several occasions, with numerous companies over many years.
CRI’s investigation led them to another victim of the fraudster,
who had abandoned his claim. With this new evidence and additional
investigative work, CRI made it possible to freeze the suspect’s
assets. The team was then able to search two locations the
suspect occupied in London where they found substantial documentation
that supported the claim.
With this new evidence
and documentation, CRI could then access the necessary information
from third parties to support the bank’s claim that their
suspect had, in fact, been the criminal behind the performance
bond fraud.
CRI saved this financial
institution from a huge potential loss with its team of Certified
Fraud Examiners, corporate attorneys and chartered accountants.
Investigations of Misconduct / Malpractice
A large pharmaceutical
company suspected that it was being victimized by employees
of one of its business units. The claims ranged from false
sales targets and misappropriation of company assets, to fake
medicine samples for physicians and inappropriate compensation
to chemists and stockists.
CRI was engaged to investigate these claims of misconduct and
malpractice. With a team that consisted of a Certified Fraud
Examiner, an investigative supervisor, additional investigators
and the client’s regional head of security, the group conducted
a series of investigative interviews, discreet investigations
and asset-searching of the employees in question.
The ending result was that CRI and the company’s corporate security
office worked hand-in-hand to eliminate the wrongdoings within
the organization, ultimately saving the company from significant
loss and any further employee malfeasance.
Fake Invoices and Purchase Fraud
ˆTop
A large United
States pharmaceutical company was facing two significant
fraud cases with one of its primary business units. The
company: (1) suspected that the business unit was creating
false billing of purchases on bogus invoices, and (2) that
the business unit was fraudulently diverting its products.
A CRI team that
included a Certified Fraud Examiner and a forensic accounting
staff was engaged to begin a forensic audit of the business
unit in question. Their research indicated that there had
been a huge number of fake invoices and bills coming from
the business unit. Further investigations and physical verifications
revealed that these employees were purchasing costly gifts
for doctors in an effort to promote the company’s products
– unknowingly costing the company significant funds.
In addition, CRI sent
an undercover agent to pinpoint locations where the company’s
product stock was possibly being diverted and sold on the
open market. The agent not only found the product’s location,
but was able to seize a dramatic amount before it went to
sale.
Pre-Employment Screening (Background
Investigations)
CRI has been providing
background investigations and pre-employment screenings worldwide
since 2001. During that time, the company has carried out
thousands of identity, criminal history, civil litigation,
education and previous employment verifications.
It is not uncommon that CRI discovers
applicants falsifying information on their resumes and job
applications. During a recent pre-employment screening project
by CRI, the company came upon a gentleman who claimed to be
a college-educated, software engineer who previously worked
for a public agency. Through further investigations by CRI,
it was discovered that the applicant never attended college,
had no such qualifications and, by no means, ever worked for
a public agency.
Often times, the research found by CRI during pre-employment
screenings can assist not just employers, but law enforcement
as well. After performing a criminal history check for a Vietnamese
company, CRI discovered that one of their applicants was more
than just an impostor – he was a wanted fugitive. Furthermore,
the information found on the applicant showed that he was apart
of a terrorist group that was wanted in Thailand for a failed
plot to bomb the Vietnamese embassy.
Investigative Due Diligence
 CRI
was hired to conduct a discreet investigation on ABC Holding,
a company based out of the Kyrgyz Republic. The primary goal
was to assert the existence, legal status and business reputation
of the company. Additionally, CRI was charged with confirming
ABC Holding’s experience and ability to perform construction
projects in the field of water system buildup and repairs.
From the beginning, it became clear to CRI that information
about ABC Holdings was difficult to find and not readily available.Telephone
numbers in the Kyrgyz Republic are changed frequently, while
communication lines are often not available. It became apparent
that not even local authorities or government offices had
information on the company. As a result, CRI pulled its resources
and relied on remote research by employing the help of local
assistance.
CRI investigators narrowed their search down to a local office
of an international funding agency. Research revealed that not
only was ABC Holding financed for more than a million U.S. dollars,
but it was directly subordinated to the National Ministry of
Agriculture and Water Resources.
|
