In all studies, an important first step is to create a subject profile. In the preliminary stages, open source information can be used to develop an investigation plan, including assessing the complexity of completing a successful case and developing a subject profile. It can also assist in identifying accomplices and potential witnesses and in drawing up an entity or financial profile, as well as creating a basis for search and seizure warrants.
Financial investigations include techniques such as forensic analysis to detect financial crimes such as theft, fraud, asset theft, and money laundering. External auditors conduct financial interviews with a variety of sources, including accountants, representatives of financial institutions and insurance companies, to collect information related to financial affairs. External auditors use accounting, auditing, information technology, and investigative skills to help examine financial evidence of an alleged crime.
Able Legal Investigations’ Practice brings together experts in forensic accounting, data analysis, forensic and compliance auditing, and financial crime investigations. Working in partnership with forensic accountants, CPAs and qualified financial professionals, our Financial Investigation team can help you solve financial investigation problems, including conducting comprehensive investigations, internal investigations, and establishing and maintaining risk management and mitigation protocols.
We approach all investigations on the basis that our findings can be used in court, and we draw up our reports, analyzes and documentation accordingly. As the US financial system has evolved, from paper money to plastic credit cards to digital information, our investigative responsibilities have also changed. Our former law enforcement and prosecution experts have investigated some of the largest and most complex financial cases in the world.
Investigations of financial institutions, their directors and officials by regulators, investigators and prosecutors are increasing, and all signs indicate that this trend is likely to continue. With the growing number of malfeasance and financial litigation, companies need to be even more vigilant about the risks involved.
Regardless of the source of fraud, financial manipulation or misleading; if left unnoticed or uncontrolled, it could cause financial damage to the business or potential business. Money laundering is a very complex crime involving a huge number of financial transactions and financial outlets around the world.
Financial data can be used not only as evidence to trace the trafficking chain, but also the seizure of illicit proceeds identified by the financial sector can be used to compensate and compensate victims of human trafficking. Human trafficking is essentially a financially motivated crime. The main motive for criminals is financial gain, and they leave financial traces in an attempt to launder the proceeds of crime or spend their illicit profits.