Fraud Prevention and Forensic Investigation

Internal fraud investigation can be difficult and expensive. The most effective organizational investments are the ones which prevent fraud from occurring in the first place. If fraud prevention is an option, FSI can help through an assessment of existing fraud risks and the implementation of fraud prevention management controls. If a fraud has already occurred, our Certified Fraud Examiners (CFE’s) can assist with a forensic investigation, proof of loss, and possibly the recovery of misappropriated assets.

Facts about Fraud Prevention and Forensic Investigation

Source: 2014 ACFE Report to the Nation (http://www.acfe.com/rttn.aspx)

SMALL BUSINESSES ARE MORE LIKELY TO BE AFFECTED BY FRAUD THAN LARGER ORGANIZATIONS.

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SMALL BUSINESSES ARE MORE LIKELY TO BE AFFECTED BY FRAUD THAN LARGER ORGANIZATIONS.

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AVERAGE TIME TO DETECT FRAUD IS 14 MONTHS AT $8300 PER MONTH.

FSI Principals have experience in a variety of engagements:

  • Corporate and business fraud investigations

  • Special investigations related to securities litigation

  • Review and development of fraud policies and procedures

  • Misappropriation and diversion of assets

  • Fraudulent financial reporting

  • Recovery of Electronic Data files

  • Asset searches and recoupment

  • Business insurance claims

  • Cash Skimming Analyses

  • Design and implementation of internal and operational controls

 

  • Federal sentencing guidelines

  • Healthcare and nursing home fraud

  • Financial institution fraud, including money-laundering and check-kiting

  • Analytical and forensic analyses

  • Design and review of prevention and detection controls

Request Fraud Prevention and Forensic Investigation Information Sheet