Corporate investigation: asset protection: fraud

Case studies

After being alerted to a suspected “back to back” embezzlement scheme involving employees of its trading floor, the management of a South American bank decided to investigate. Desk recording tapes had been tampered with making it impossible to match discrepancies with the deal book records. The bank suspected several individuals, including one senior employee who had already been dismissed.

Capcon Argen was asked to examine the lifestyles and assets of the suspect employees to expose any irregularities, undesirable connections or additional sources of income and also to establish any ongoing association with the former employee.

Diligent and sensitive research proved all but one of the employees had unblemished records and lived within their means. One led an extravagant lifestyle and was evasive when questioned by his employers. In addition it was established that he had indirect business links to the dismissed employee. He offered no resistance when the bank asked him to resign.

Case studies index


Case studies After being alerted to a suspected “back to back” embezzlement scheme involving employees of its trading floor, the management of a South American bank decided to investigate. Desk recording tapes had been tampered with making it impossible to match discrepancies with the deal book records. The bank suspected several individuals, including one senior employee who had already been dismissed.