Forensic services for banks

1. Due diligence

Cooperation with a new business partner could result in reputation loss, fines, and legal proceedings. 

We thoroughly assess the subject's reputation, business assets, connections and contacts to identify if a subject has provided reliable information and / or whether there are any hidden reputational risks associated with the subject. Our areas of focus include:

• Registration details, ownership structure of the Target;

• Background check on key top managers and shareholders;

• Negative media news associated with the Target;

• Reputation risks associated with the Target;

• Links to sanctioned individuals/entities. 

2. Investigating financial fraud

We conduct and / or assist with internal fraud and misconduct investigations by company management and employees, including those based on whistleblower reports through a hotline.

3. Investigation of use of credit funds received by the Target

We thoroughly investigate how the credit funds have been utilized by the Target, if the funds have been spent in line with the credit agreement or not. The key aim is to identify any indications of potential misconduct by the Target, for example:

• Withdrawal of credit funds by payments to shell companies;

• Unjustified bonuses to management;

• Purchases by inflated prices or/and fictitious purchases by the Target;

• Purchases from the companies affiliated to top managers of the Target;

• Salaries to “ghost” employees.