Corporate fraud & corruption


Financier Worldwide Magazine

February 2013 Issue

February 2013 Issue

Corrupt and fraudulent behaviour continues to flourish despite the best efforts of global authorities, and corporates now operate in an environment of increasing criminal and regulatory risk. Advances in technology and globalisation mean that those committing fraud now have access to a much larger pool of potential victims, and more complex business process make it easier to conceal a fraud. With countries implementing new anti-corruption laws and dedicating more resources to enforcement, prosecution regularly results in civil penalties, disgorgement of profits, and possible imprisonment. The prevention of fraud hangs on the predisposition of companies, investors and lenders to perform proper due diligence and institute an ethical corporate conscience.

FORUM: Asset tracing and recovery

James D. Ratley of the Association of Certified Fraud Examiners (ACFE) moderates a discussion about asset tracing and recovery between Jonathan Tickner at Peters & Peters, Charlotte Haslam at RGL Forensics, and Colette Wilkins at Walkers.

Corporate whistleblowers – the front-line defence against fraud

Association of Certified Fraud Examiners The path taken by a whistleblower can be a long and difficult one. When an employee makes the decision to expose fraudulent behaviour, it often comes with many risks: alienation from one’s co-workers or superiors. Professional repercussions. Retaliation. These are some of...

Anti-bribery and anti-corruption due diligence considerations in mergers and acquisitions

Ernst & Young LLP Although there continues to be uncertainty about the global economic outlook, many companies are taking an opportunistic view towards acquisitions, with less focus on blockbuster deals and more focus on extending existing businesses and filling strategic gaps. US companies continue to...

Corporate investigations – using technology to find a smoking gun

iDiscovery Solutions, Inc (iDS) Most corporate investigations these days can be hugely complex and there may be literally millions of documents in the dataset being preserved and reviewed by the legal department. The ideal project is one that combines knowledge from legal counsel, experts, and, when appropriate,...

Contract fraud: is your organisation at risk?

CRI Group A seemingly endless stream of business fraud allegations flows continuously over our news tickers. The growing preponderance of corruption, collusion, coercion and fraud in the procurement of business contracts has thrust companies into the international limelight and forced organisations...

Anti-corruption compliance programs: how to make them work under Ukrainian law

Sayenko Kharenko For foreign companies doing business in Ukraine, it is important to consult with local external legal counsel not only on the specifics of Ukrainian anti-corruption and anti-bribery regulation, but also to seek advice on how to implement global anti-corruption and anti-bribery policies in...

The role of corporate governance in banks and micro enterprise development: an African perspective

La Paix Solicitors Legitimate businesses and investors seeking to pursue business in Africa, particularly Nigeria, must be protected. Given the instances of interest shown by foreign investors in Africa and Nigeria, it is instructive to state that due diligence in investment must reckon on compliance with...

Q&A: Fraud due diligence

FW speaks with Zafar I. Anjum at Corporate Research and Investigations LLC, Gregory E. Wolski at Ernst & Young LLP, and Ben Hobby at RGL Forensics about fraud due diligence.



Corporate Research and Investigations LLC

Ernst & Young

Intelligent Discovery Solutions

RGL Forensics


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