Corporate Investigations and Independent Reviews

Corporate Investigations

Do you suspect loss or fraud at your business but have received dissatisfactory assistance from police?

Corporate investigations take many forms, ranging from problems with shoplifting to Senior Executive multi-million dollar embezzlement. The cost of theft and fraud to your business is stripping profits from your bottom line. According to an independent survey, Australian retailers lost about $2.44 billion through shrinkage in 2014-2015, of which over 75% was attributed to disloyal employees and shoplifting. The US Chamber of Commerce reports that one of every three business failures are a direct result of employee theft.

Suspicion is not sufficient to pursue legal prosecutions, however. SCA are experts in investigating internal and external issues through a range of covert and overt operations. We specialise in preparing evidence which is admissible in courts and fully briefing police with regards to our investigative findings.

It is important to the profitability and longevity of your business to understand how and why the fraud/loss occurred. This allows you to take steps to eliminate the behavior. SCA will develop a comprehensive report and make recommendations based on every investigation for the benefit of our clients.

The Anti-Money Laundering & Counter Terrorism Financing Act – Independent Reviews

Do you need qualified, impartial experts to conduct a financial investigation?

Problems related to money laundering and terrorism financing are criminally sensitive and require expert handling to ensure complete compliance with all relevant laws. SCA are specialists in the field and can conduct mandatory Annual Independent Reviews and assist in the advice, monitoring and maintaining of AUSTRAC Compliance Program.

The Australian Transaction Reports and Analysis Centre (AUSTRAC) is Australia’s Anti-Money Laundering and Counter-Terrorism Finance regulator and specialist financial intelligence unit. AUSTRAC was established under the Financial Transaction Reports Act 1988 (FTR Act) and is continued in existence by the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act).

As required by the Anti-Money Laundering & Counter Terrorism Financing Act, companies registered with AUSTRAC are required to have a Compliance Program and undertake Annual Independent Reviews.