Fraud Risk Assessment for a large corporation involved in the manufacturing steel

About the client

The client was a large corporation involved in the manufacturing steel and exporting it to various parts of the world

Problem statement/business context

• The addressee was a crucial employee who oversaw selecting vendors for the Procurement Division.
• The target employee was accused of transacting with connected party associations or firms.

Solution

• Social Media Mapping: Mapping of social media profiles of Target Employee and suspected vendors
• Market Intelligence: Validation of information gathered during the Investigation
• Conflict check: Conflict of interest check of target employees with suspected vendor firms

Timeline

5 weeks

Key geographies delivered

• United Arab Emirates

Outcome/benefits

• Redefining corporate accountability expectations
• Enhanced scrutiny of corporate conduct