Financial Investigation Services
As the complexity of the financial system grows, it becomes increasingly difficult for enterprises to reduce risk, detect suspicious activity, and launch investigations on their own.
Helping clients conduct complex financial investigations around the globe
Financial crime solutions
The financial, government and corporate sectors face rising threats that often cross international borders, including fraud, bribery, corruption, money laundering and terrorist financing.
We have decades of experience dealing with financial investigations, fraud and corruption prevention, financial transaction analysis, FCPA cases and asset tracing. Kaufman Rossin’s experienced financial investigations team has the expertise to untangle the most elaborate financial schemes.
Kaufman Rossin’s financial investigations practice works across multiple industries, to include financial institutions and regulated entities, to provide highly skilled investigative support as it relates to matters involving anti money laundering, terrorist financing and Office of Foreign Assets Control (OFAC) risks by leveraging advanced technology automation, and AI- and ML-based technology solutions.
We help corporate clients identify risks, including cyber, fraud, and financial crime, as well as simplify complex compliance requirements.
As forensic accountants, anti-money laundering experts, and expert witnesses, we provide litigation support to attorneys, helping to unravel financial transactions, reconstruct records, and trace the movement of assets.
We have extensive experience representing insurers and insureds in the evaluation or creation of complex fidelity claims.
Our team has testified as experts and fact witnesses in commercial litigation related to merger and acquisition disputes including but not limited to working capital or accounting issues such as revenue recognition.
We also provide specialized support to regulatory and government enforcement agencies, helping to identify, preserve and analyze complex data in the investigation and prosecution of complex financial crimes.
We provide essential support to every phase of your investigation and work with legal counsel to achieve a timely resolution.
Kaufman Rossin’s forensic accounting and financial investigation professionals work with financial institutions, corporate clients, regulatory and government enforcement agencies, and provide litigation support to attorneys.
Our financial investigations team includes former U.S. regulators, U.S. federal law enforcement agents and executives, FINRA and SEC compliance analysts, forensic accountants, investigative researchers, and electronic crimes and data analytic specialists. We also have professionals with deep international experience throughout Latin America, the Caribbean and beyond.
Forensic Accounting Investigations
We investigate:
- Skimming and embezzlement
- Payroll schemes
- Time and expense
- Intellectual property
- Third-party fraud
- Financial statement fraud
- Revenue recognition manipulation
- Improper utilization of reserves
- Manipulated, omitted, and/or misleading disclosures
We also provide comprehensive guidance on tax controversy matters and IRS resolution, including assistance with tax examinations, representation before IRS Appeals and more.
Digital Forensic Investigations
Our digital investigations can help with:
- Forensic imaging and acquisition of evidence
- Data recovery and reconstruction
- Establishment of Investigative Support Systems
- Ransomware investigations
- Business Email Compromise (BEC) and wire fraud investigations
- Mobile device forensics
- E-discovery solutions, management and litigation support
- Customized due diligence studies, i.e. background checks and asset searches
- Open-source intelligence programs
- Threat and Security Assessment and Elimination
- Technical Surveillance Counter Measure (TSCM) sweeps
- Malicious Insider Threats
- Facility, residential, yacht, hotel, auto and aircraft security surveys and assessments
Money Laundering & Sanctions Investigations
Our BSA/AML investigators can assist with:
- Remediation projects to include look-back reviews
- Customer due diligence
- Enhanced due diligence
- Onboarding of high-risk customers
- Site visits and interviews
- Source of funds investigations for high-risk customers
- Counter Terrorist Financing
- Human Crimes Investigations (namely laundering of funds connected to Human Trafficking and Elder Fraud amongst others)
- Corporate Transparency Investigations
- Internal
- Fraud investigations
- Identification of unusual activity and ensuing reporting
FCPA Investigations
Our FCPA specialists support internal and external counsel, government appointed monitors and corporate compliance offers. Our services include:
- Investigations
- Interviewing and investigating beneficial relationships
- Identifying and preserving data
- Preserving hard copy and electronic accounting records
- Risk Mitigation
- Design and implement compliance programs
- Geopolitical risk assessments
- Market entry analysis
- Remediation
- Quantifying disgorgement and recovery
- Supporting negotiations with regulators
- Independent compliance consulting for the Board
Estimated amount of money laundered globally
$2 trillion
Let us tackle your most challenging financial investigations, so you can get back to work.
We offer highly skilled professionals, a collaborative approach to investigations, and a phased, cost-effective approach that ensures that issues are resolved quickly and efficiently. We understand the importance of reacting rapidly and confidentially to a crisis. Get in touch to start a conversation.
Frequently asked questions
What happens during a financial investigation?
Financial investigations are an essential tool to identify and prevent money laundering, corruption and other serious financial crime. Financial investigators identify, analyze and interpret complex data from a variety of sources, including financial transactions, electronic records and assets.
What are the reasons for a financial investigation?
A financial investigation is triggered by an event or issues, including unusual patterns of activity or customer behavior, allegations of financial fraud, corruption, actual or potential regulatory scrutiny, or litigation. Close scrutiny of financial records can reveal criminal activity, such as fictitious companies to launder funds, asset misappropriation, unethical business conduct, or other fraudulent schemes to conceal unlawful income.
Are financial crimes serious?
Most financial crimes are not violent; however, they are not victimless. They pose serious threats to people, businesses, and to the Global economy. Criminals commit their crimes to generate illicit funds, funds that will subsequently need to be laudered to enable these crime groups to further continue their illicit activities. Whether it is drug trafficking, human trafficking, to bribe corrupt officials and/or supporting terrorist networks, financial crimes bring a devastating impact to our society, economy, to your financial institution and your business. Financial crimes threaten the safety, security and stability of financial systems worldwide. The estimated amount of money laundered globally is $2 trillion. Last year, U.S. regulators imposed just over $1.5 billion in sanctions against corporations in FCPA-related enforcement actions, compared to $360 million in 2021.
What are the objectives of a financial investigation?
A financial investigation identifies and documents unusual patterns of activity and relationships that may be indicative of money laundering and/or specified unlawful activity, with the goals of minimizing legal, reputational and concentration risks thus holding financial criminals accountable while safeguarding critical infrastructure.
