Corporate Fraud Investigation – Atlanta Georgia

A corporate fraud investigation is defined as a query into the deception or breach of equitable duties inherent in a position or a relationship. Now, that’s a lot of big fancy words that simply means a person used their position within a company or relationship to an individual in order to deceitfully make a profit. We hear this term used to describe the recent Enron scandal or the WorldCom debacle and we begin to associate it in those terms. Those companies overstated their earnings by billions of dollars. For most of us it would take far less than a billion dollars to scuttle our ships. In fact, the loss of $100,000 is enough to send your average small business owner to the soup kitchens. That’s why it is especially important for them to realize that although fraud may be big business it is not limited to big businesses.

In a recent corporate fraud investigation that I played a part in, a young woman called the company I worked for, a grocery store chain, and reported that her identity had been stolen and the unknown culprit had apparently used her credit card to make 2 purchases at 2 different locations. One purchase was for $1,200 and the other was for $1,500. Now, this type of thing is fairly common in these days and times, I’m sorry to say. However, the red flag popped up in my mind with the amounts of the transactions. Seriously, when was the last time you spent $1,200 at the grocery store?

In the end it was revealed that the woman was allied with an individual who worked for the credit card company. He was able to send her very official looking, yet fraudulent, invoices with false purchases on them which she then used to get those charges reversed and the funds put back on her credit card. The last I heard they were both occupying rooms in different correctional institutions, all thanks to a successful corporate fraud investigation.

For more information contact us Corporate Fraud Investigation or call 1.770.426.0547