Fraud Investigation Case Study

The CSO team has extensive experience in investigating and solving criminal fraud cases for high profile clients in Canada, the United States, Europe and Asia.

CSO investigated the misappropriation of company assets by the president of a Canadian subsidiary of an Italian company. The theft and fraud was estimated to be approximately $4 million.

It was perpetrated through the direct misappropriation of assets, as well as the theft of customer orders and proprietary information by a competing company set up and owned by the president and his family. The president also set up a related company as a vendor of our client to which he paid funds for fictitious equipment leases and raw material purchases.

Criminal and civil court proceedings were untaken as a result of the investigative findings.