Financial Investigations

Internal and external fraud, bribery, corruption, misappropriated assets and accounting irregularities are some of the financial risks facing companies and other organizations, both large and small.

Kroll combines unparalleled investigative expertise with financial acumen and powerful technology to conduct detailed financial analyses supported by more wide-ranging investigations. The practice is a unique, market-leading mix of investigative accountants, investigators and computer forensics experts. We bring to each assignment the ability to rapidly deploy specialists with years of experience, including former partners from the Big Four accounting firms, former FBI agents and  former senior officials of the U.S. Securities and Exchange Commission (SEC).

Whether our clients have already discovered wrongdoing or are suspicious of malfeasance, they can turn to Kroll to uncover and interpret critical facts.

Kroll works with clients from the initial detection of suspicious activity right through to resolution, whether it be litigation or referral to the appropriate law enforcement agency.  We work to determine what occurred, who was responsible, and to plan and implement an asset recovery or loss mitigation strategy. This will include, where necessary, preparing reports for regulatory authorities, law enforcement and civil litigation. We provide clients with the independent analysis they require; free from audit-related conflicts of interest.

Case Study:  Unusual Transactions at Icelandic bank Glitnir, Prior to its Collapse in 2008
Kroll was selected by the Resolution Committee appointed to the collapsed bank to investigate potential irregularities in transactions undertaken prior to the bank’s collapse. The objective of the investigation was to pursue and recover any assets from those who may have benefited from, or were responsible for, any such irregularities. 

Case Study: Hedge Fund Fraud
Kroll was appointed receiver of the forfeited assets for the principals in the Bayou hedge fund who pled guilty to a $450 million fraud.  As receiver of the forfeited assets, Kroll was responsible for conducting a forensic accounting of the Bayou hedge fund to identify all assets traceable to the proceeds of the fraud, liquidating a portfolio of illiquid private equity assets and loans receivable, and identifying additional sources of recovery for the defrauded investors.