Fraud prevention

All potential actions that could damage the company’s reputation or assets are classified as cases of fraud.

Due to the number of risks and fraud cases in companies, as well as to establish sustainable corporate values and an appropriate culture of fraud prevention, there is a need to perform activities whose results will indicate the potential risks of internal and external fraud.

• Research (Residence, History, Reputation, Criminal Record, Litigation, Media Coverage, Competition, Environment, Secondary Research)
• Factor analysis and fraud risk assessment
• Implementation of new, improved fraud controls within processes and systems
• Preparation, implementation, and monitoring of policies and procedures – guidelines for employees
• Fraud investigation, identification of the cause of fraud, identification of fraud perpetrator, introducing measures for financial recovery to mitigate damage
• Checking of assets/inventory (Practice has shown that this checking is a significant indicator of potential fraud by employees / third parties)

Fraud Prevention Policy

Following the specific needs of the company itself, for each of the companies we work with, we compile acts that represent guidelines aimed at preventing fraud.

Fraud Prevention Policy represents the minimum standards for fraud prevention and control, and in particular, early warning systems to identify fraud risks on time and prevent possible losses.

The main objective of this policy is:

• Creating effective and efficient structures to prevent fraud with adequate intervention capacity,
• Raising the level of  fraud vulnerability among employees and executives,
• Reducing fraud risk,
• Improving the level of protection of property and reputation,
• Preventing monetary loss, loss of reputation and competitive backlog as a result of fraudulent actions (eg discrepancy between the actual and the inventory of assets / fixed assets, bribery, computer sabotage, cybercrime, data destruction, theft, market manipulation, misuse of insider knowledge, environmental offenses, embezzlement, document forgery, intercepting mail and tracking data, disclosure of business and trade secrets by employees, authorization exceeding, unconscious work, etc.

Screening

Using our information consulting services after the analysis, you will get information about a specific company and a potential employee, a specific company or business, or an individual. The results will help you to make informed human resources, business, and personal decisions.

Within our background check division, there are three distinct teams:

• Pre-employment screening – this team works with HR and managers to run background checks on potential employees.
• Company background checks – this team enables company directors and business leaders to have a greater understanding of a company and its decision-makers before doing business with them.
• Individual background checks – this team helps individuals to verify a potential partner they have met online, through a dating agency, or even in real-life.