Fraud
"Occupational fraud schemes fall into three primary categories: asset misappropriation, corruption, and financial statement fraud. Asset misappropriation cases involve an employee stealing or misusing the employing organization’s resources. This is by far the most common category of occupational fraud, occurring in 89% of the cases in our study. These cases also tend to cause the lowest median loss, at USD 120,000 per case. Nearly half the cases in our study (48%) involved some form of corruption. These cases caused a median loss of USD 200,000 per case. Financial statement frauds, in which the perpetrator intentionally caused a material misstatement or omission in the organization’s financial statements, were the least common category (5% of schemes) but also caused the greatest median loss (USD 766,000 per case)."
2024 ACFE Report to the Nations on Occupational Fraud
https://legacy.acfe.com/report-to-the-nations/2024/
At Immaculate Investigations LLC, we believe that when business flourishes so does society. We are absolutely passionate about our business to business relationships and truly want our clients to succeed. A major obstacle to profitable and healthy businesses is occupational fraud. Occupational fraud is very likely the largest and most costly form of financial crime in the world, with estimated annual costs in the trillions of dollars. We work closely with our clients in the areas of preventing, detecting and investigating fraudulent schemes that have the potential to or have already infected their businesses and stolen their profits.
Our goal is to make your business a hard target for accidental and predatory fraudsters. This is done through analyzing current systems and controls, suggestions for improvements, and a plan for implementation as well as the education of key members of your organization. When a company is in a situation in which fraud is involved, they almost never fully reclaim everything that has been stolen which is why prevention and early detection are key. In the unfortunate event that you suspect an active and ongoing scheme to be occurring, we investigate thoroughly to find the evidence you need to take further action such as termination and civil suits.
Employee Misconduct
Many times, a business is only as good as it's employees. We work with employers to prevent, detect, and investigate issues such as harassment, bullying, substance abuse on the job, sexual harassment claims, etc. We are a full service background check agency that can also help you make informed decisions about who to hire. Please see our background check order form page.
Violation of a Non-Compete Agreement
On the domestic side of the house we call it "mate poaching" but in the corporate world it's "client poaching." If you terminated someone who you then suspect of violating your non-compete agreement, we can gather the evidence you need to take legal action.
Corporate Intelligence
Do you suspect that your competitor is lying about their credentials, falsely advertising, or stealing your products, systems, or information? Are you interested in buying a business but want to do your due diligence to make sure they are as profitable as they say they are? We can discreetly gather the evidence you need to make well informed decisions on how to strategically proceed with your goals and ambitions.
Due Diligence on Business Partners
While we offer employee background checks here, we have also designed a more in depth report to provide to companies looking to take on business partners, board members etc. In addition to a normal background check, we also work in areas such as uncovering assets, verifying resumes, and interviewing former business associates of the potential candidate.
Market Analytics
We have the skills and resources to do an analysis of your data as well as that of your competition in order to give you an edge on your marketing strategy. We harness the power of AI to provide comprehensive reports showing your strengths, weaknesses, opportunities, Ideal clients and more! fill out the contact form below for a free report sample.
"Occupational fraud schemes fall into three primary categories: asset misappropriation, corruption, and financial statement fraud. Asset misappropriation cases involve an employee stealing or misusing the employing organization’s resources. This is by far the most common category of occupational fraud, occurring in 89% of the cases in our study. These cases also tend to cause the lowest median loss, at USD 120,000 per case. Nearly half the cases in our study (48%) involved some form of corruption. These cases caused a median loss of USD 200,000 per case. Financial statement frauds, in which the perpetrator intentionally caused a material misstatement or omission in the organization’s financial statements, were the least common category (5% of schemes) but also caused the greatest median loss (USD 766,000 per case)."
2024 ACFE Report to the Nations on Occupational Fraud
https://legacy.acfe.com/report-to-the-nations/2024/
At Immaculate Investigations LLC, we believe that when business flourishes so does society. We are absolutely passionate about our business to business relationships and truly want our clients to succeed. A major obstacle to profitable and healthy businesses is occupational fraud. Occupational fraud is very likely the largest and most costly form of financial crime in the world, with estimated annual costs in the trillions of dollars. We work closely with our clients in the areas of preventing, detecting and investigating fraudulent schemes that have the potential to or have already infected their businesses and stolen their profits.
Our goal is to make your business a hard target for accidental and predatory fraudsters. This is done through analyzing current systems and controls, suggestions for improvements, and a plan for implementation as well as the education of key members of your organization. When a company is in a situation in which fraud is involved, they almost never fully reclaim everything that has been stolen which is why prevention and early detection are key. In the unfortunate event that you suspect an active and ongoing scheme to be occurring, we investigate thoroughly to find the evidence you need to take further action such as termination and civil suits.
Employee Misconduct
Many times, a business is only as good as it's employees. We work with employers to prevent, detect, and investigate issues such as harassment, bullying, substance abuse on the job, sexual harassment claims, etc. We are a full service background check agency that can also help you make informed decisions about who to hire. Please see our background check order form page.
Violation of a Non-Compete Agreement
On the domestic side of the house we call it "mate poaching" but in the corporate world it's "client poaching." If you terminated someone who you then suspect of violating your non-compete agreement, we can gather the evidence you need to take legal action.
Corporate Intelligence
Do you suspect that your competitor is lying about their credentials, falsely advertising, or stealing your products, systems, or information? Are you interested in buying a business but want to do your due diligence to make sure they are as profitable as they say they are? We can discreetly gather the evidence you need to make well informed decisions on how to strategically proceed with your goals and ambitions.
Due Diligence on Business Partners
While we offer employee background checks here, we have also designed a more in depth report to provide to companies looking to take on business partners, board members etc. In addition to a normal background check, we also work in areas such as uncovering assets, verifying resumes, and interviewing former business associates of the potential candidate.
Market Analytics
We have the skills and resources to do an analysis of your data as well as that of your competition in order to give you an edge on your marketing strategy. We harness the power of AI to provide comprehensive reports showing your strengths, weaknesses, opportunities, Ideal clients and more! fill out the contact form below for a free report sample.
