Forensic Investigations: Anti-Corruption and Compliance
Doing business in the global marketplace presents a multitude of financial and operational challenges and can expose companies to a variety of risks including bribery and corruption activity. Companies that run in conflict of the Foreign Corrupt Practices Act and of other similar laws in foreign jurisdictions face challenging and potentially costly impacts on their business. Our professionals have assisted several clients with reactive anti-corruption investigations and proactive compliance matters. Our professionals assist clients in defending against government enforcement inquiries. We have significant expertise with high-profile and high-stakes government enforcement matters.
- Bribery and corruption investigations
- Monitor support
- Pre-acquisition due diligence
- Risk assessments
- Internal controls assessment and remediation
Forensic Investigations: Asset Tracing
We have supported Receivers and investigations where Gemean provided detailed analyses involving asset tracing and reconstruction of complex financial transactions. Gemean uses cutting-edge technology and efficiently reconstruct complex financial transactions. Financial investigations may involve cryptocurrency. We use tools to quickly identify and trace bad actors who can use more than 800 cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, on the internet to conceal illicit activities. Our capability spans more than 80% of global virtual assets.
- Asset tracing and recovery
- Support receiverships
- Complex cross-border investigations
- Cash flow of funds and asset tracing methodologies
- Cryptocurrency tracing
- Analysis and reporting
Forensic Investigations: Internal Controls & Risk Assessments
Internal controls play a critical role in public and private companies because they establish safeguards to an organization’s assets and minimize the opportunities to commit fraud and allow errors to go undetected. The ability to identify, assess, and test the effectiveness of critical internal controls is an integral part of assessing the overall compliance program. Internal controls are foundational to reliable financial reporting, and deficient controls can lay the groundwork or create the opportunity for future misstatement or misconduct.
- Regulatory investigations
- Independent monitorships
- Process improvement and remediation
- Information governance
- Periodic testing of controls through transaction testing
- Design of automated red flag routines
Forensic Investigations: Internal Investigations
Organizations responding to crisis or allegations of misconduct are subject to intense scrutiny from regulators. In response, organizations are increasingly conducting proactive and reactive internal investigations to mitigate exposure, inform decision-making, and engage with stakeholders. Gemean supports clients with these investigations by combining forensic accountants, and data analysts provide a unique streamline process required for any particular investigation. Our professionals assist companies, governments, and regulatory authorities worldwide with legal counsel in conducting internal investigations related to the accuracy of financial reporting, accounting re-statement exercises, corruption investigations, and culture, conduct, and ethics issues.
- Fraud
- Embezzlements
- Ponzi schemes
- Bribery