Case Studies Library

Internal investigation leads to ‘SARs’ recommendations

Kroll conducted an internal inquiry on behalf of a major financial institution to understand the circumstances surrounding unreported Suspicious Activity Report filings (“SARs”). Kroll’s examination involved a reconciliation of thousands of potentially reportable incidents and recommendations on whether or not to file SARs in the questioned circumstances. Kroll also made recommendations on restructuring the institution’s anti-money laundering and corporate security departments to more effectively monitor and investigate potential money laundering activity.