FRAUD INVESTIGATIONS
In the main, fraud is deceitful or dishonest conduct, involving acts or omissions or making of false statements, written or orally, with the object of obtaining money or other benefit or evading a liability. Fraud is the use of deceit to obtain an advantage or avoid an obligation.
Fraud covers a wide subject area and will be perpetrated by many diverse and various groups affecting both businesses and individuals. Most frauds are defined as internal or external for businesses. Individuals are mainly affected by the many types of consumer fraud.
Internal fraud is usually carried out from within an organisation by employees and can involve false accounting, direct theft of cash, payroll fraud, theft of intellectual property, false expense claims, collision with customers and/or suppliers, inventory losses and reporting of excessive overtime. Often cases of internal fraud have collision from outside parties. Cases of internal fraud go often unreported because of the potential embarrassement and liability involved.
Fraud investigations will often require other investigative services such as background investigation, asset investigation, social security investigations, people location and surveillance.
