The Intricacies of Corporate Investigations
A corporate investigation is a thorough probe into a business or corporation’s operations to reveal any inappropriate or illegal acts committed by third parties, employees, or the management. These investigations can take different angles all depending on your needs. For instance, you may want to determine whether a business partner is legit or to reveal embezzlement and fraud, or to determine if one of the staff in your company is looting funds. The role of a private investigator in corporate matters is to ensure that your firm is operating smoothly and by the law. Lets us look at some of the methods used by CTC Investigations in corporate investigations.
A financial investigation is conducted to analyze the source of funds, how the funds move, and how the funds are used. This form of corporate investigation is also referred to as forensic accounting. Financial investigations are conducted to identify whether there are incidences of theft, tax evasion, money laundering, hidden assets, embezzlement, and any other types of white collar crimes.
In many cases, financial investigations are centered on gathering and analysis. The gathering aspect involves sifting through various financial documents. These include bank account information, bank account records, motor vehicle records, real estate files, and computer databases. The investigator will utilize computer forensics to collect necessary information. They will proceed to analyze the information to determine where the funds are and how they got there.
Due diligence refers to a comprehensive analysis of a business or individual to determine whether they are credible before engaging in a legal contract with them. A due diligence investigation involves examining a company’s finances, performance, management, mission, goals, history, and clients to understand how it functions. This inquiry is necessary before committing to a company purchase, merger, or acquisition because it usually identifies hidden liabilities. The main types of due diligence are legal, financial, and commercial. A legal due diligence covers the intellectual property of an organization while a financial due diligence covers the company’s finances. A commercial due diligence takes into consideration the prevailing market conditions.
During a due diligence probe, the investigator will use background checks, forensic accounting results, surveillance, asset searches, and other methods to understand how the company operates. In some instances, the investigator may speak to company clients, look through public records, and contact affiliate branches of the company to determine the potential and legitimacy of the company under investigation.
Computer Forensic Investigation
Computer forensics probes involve collecting and analyzing digital information to resolve a pertinent issue or solve a case. A computer forensic investigation is sanctioned by a company as a measure to safeguard itself against cyber crime.
Cyber crimes are illegal activities committed online. The criminals use codes to break into laptops, corporate servers, or wireless devices, and steal intellectual property and valuable information. An investigator’s role is to assess your computer for risks and develop a security policy, tutor you on how to implement the technology, and reconfigure your information technology equipment. If you think your computer has already been hacked into, investigators will conduct a vulnerability test to find the problem. They will proceed to fix weaknesses and suggest countermeasures for added security.
Bug sweeping, also known as Technical Surveillance Countermeasures (TSCM), unravel unlawful surveillance devices, hidden surveillance equipment, and detect security weaknesses. Nowadays, anyone can access monitoring devices at an affordable cost and use them for invading an organization’s privacy. One of the reasons you may need a bug sweep is in a situation where you suspect your business has been bugged to access trade secrets or other valuable information.
Some of the types of surveillance countermeasures include:
· Bug sweeps
· Eavesdropping detection
· Vulnerability audits
· Wiretap Detection
· Off-Site RF Monitoring
· In-Place Monitoring
Surveillance is observing an object, place, or person carefully and documenting the observations. Some of the reasons you may need to invest in monitoring include:
· Crime Prevention
· Obtaining evidence to be presented in court
· Documenting a person’s location
· Documenting activities occurring at a particular location
· Obtaining information that will be used for interrogation
Corporate investigations are conducted to determine the various issues affecting organizations. These investigations can take different forms including financial investigations, due diligence, computer forensic investigation, and surveillance. These probes are conducted to look into among other things embezzlement of funds, money laundering, cyber crime, and other white collar crimes.