Asset and Financial Investigation

A financial investigation can shed light on an individual or business’s net worth and wealth status. These investigations can be used to satisfy due diligence, settle personal injury claims, collect debt and validate financial statements in family law cases.

TIN conducts this type of investigation by verifying and uncovering 사람찾기흥신소 financial assets as well as non-financial items like cars, boats, art or other physical property. Financial investigations are also crucial to fighting terrorism and following the money trail.

Hidden Assets

Hidden assets are undervalued assets on a company’s balance sheet, which can significantly improve its financial performance and increase shareholders’ return on investment. Hidden assets can also be a significant source of revenue for businesses, which can increase profits and drive up share prices. In some cases, hidden assets are used for nefarious purposes, but in other instances they simply result from poor record-keeping or lack of awareness.

Asset investigation services can uncover hidden assets and other types of financial evidence in a variety of ways. Investigators can review tax documents, financial documents including bank and credit card statements, insurance policy information, retirement plan documentation, and investment records for clues to fraud and other illegal activities. In addition, digital forensic analysis of computer hard drives and mobile devices can provide valuable information such as a list of contacts, indications of private/remote web browsing sessions or encryption programs, and other evidence of fraudulent activity.

In some cases, individuals hide assets to avoid paying alimony or child support in a divorce case. They can also do so to dodge a judgment from a court, such as for a debt or lawsuit. Regardless of the reason, a reputable and experienced professional can help uncover hidden assets and other financial evidence to ensure that the parties involved receive the full compensation they deserve.

Identity Theft

Identity theft happens when someone steals your personal information and uses it to take out loans, open credit card accounts and even file insurance claims in your name. To uncover these crimes, investigators use financial investigation tools including tracing money trails to identify criminal associates and their illicit profits.

Financial investigations are critical in combating organized crime by identifying and confiscating criminal property. However, this is not an easy task as criminals often hide their assets through complicated money laundering schemes. To tackle these criminals, financial investigators must be trained in the latest investigative techniques such as analyzing documents and following money trails to determine where illegal funds are generated, where they go and who gets them.

A comprehensive asset search can include both financial and physical items such as cars, boats, art or jewellery. This can also reveal hidden trusts, business interests, and overseas property. It can also uncover expenditures that grossly exceed legitimate income and provide further evidence of ill-gotten gains.

A good financial investigation can uncover a wide range of problems, from forged signatures on contracts to fraudulent tax returns. It is important to hire a professional investigative company that can investigate the background of potential employees to ensure that they do not have any previous history of fraud or other misconduct. A thorough background check can help you avoid hiring a criminal who could cause you to lose valuable resources or worse, your life’s savings.

Fraud

Fraud involves the misrepresentation of fact to achieve a financial gain. It can be committed by individuals or corporations and is a major threat to any economy. It is also illegal in most jurisdictions. Financial investigators can uncover evidence of fraud by tracking assets, conducting transaction analysis and assessing business risks. The investigative techniques used to conduct a financial crime investigation can be complex, but they are effective in finding and dismantling criminal networks.

Unlike theft, which requires physical contact to take property, fraud involves the use of deception or manipulation to acquire money or goods. The goal of a fraud investigation is to expose and prosecute perpetrators of the crime. This can be done through a variety of methods, including interviewing witnesses and suspects, analyzing transaction history, examining third-party confirmations, assessing physical checks or counting of assets and conducting walkthroughs of transactions or business systems.

A fraud investigation may be prompted by a number of reasons, such as suspicions that your partner is hiding assets in the event of a divorce, or because you are owed more money than what was received from an insurance company. In this case, an asset investigation can reveal the true amount owing to you and shed transparency on any financial dealings. These investigations are often used to support stronger settlement outcomes, financial restitution and post-judgment collection.

Divorce

During divorce proceedings, spouses are required to submit financial disclosure documents detailing their individual assets and liabilities. Unfortunately, it’s not uncommon for individuals to conceal or omit certain assets from these disclosure documents in order to avoid paying reasonable spousal support. These tactics can be detected by analyzing bank statements, credit card purchases, and other forms of financial information.

A private investigator can also uncover hidden assets and income by conducting a comprehensive financial investigation. Often, these investigations start with a request for bank statements and expand based on the information received. For example, if an individual’s income is higher than what they claim, the investigator can conduct a background check to verify employment and income data. In cases of fraud, the investigator may even conduct surveillance to obtain video evidence of a person or business misrepresenting the value of goods or services.

There are many ways to hide assets, and a skilled forensic accountant can detect these omissions during the discovery process of a divorce case. For instance, spouses can transfer investment certificates to a friend for temporary safekeeping; liquidate assets and then deposit the proceeds into a new brokerage account; or give collectibles and valuables to a family member “temporarily” to avoid being included in the marital estate. By identifying concealed assets, an investigator can help ensure the proper amount of spousal and/or child support is awarded.