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Fraud & Investigation Support_ An Overview

LDM Global is a UK-based legal service provider specializing in delivering eDiscovery, document review, and legal support solutions to law firms, corporations, and government agencies. With a focus on helping clients manage complex legal cases, LDM Global offers services such as data collection, processing, review, and production, as well as project management. Their expertise spans a variety of industries, including finance, healthcare, and energy. By leveraging advanced technology and offering tailored solutions, LDM Global aims to streamline legal workflows, reduce costs, and ensure complia

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Fraud & Investigation Support_ An Overview

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  1. Fraud & Investigation Support: An Overview What is Fraud & Investigation Support? ● Fraud and investigation support involves providing expertise and services to detect, investigate, and mitigate fraudulent activities in business operations. The process includes forensic analysis, risk assessment, and fraud detection strategies. ●

  2. Common Types of Fraud in Offshore and International Business Financial Fraud: ● ● Misappropriation of assets, embezzlement, and financial statement manipulation. Typically involves internal actors (employees, contractors). Tax Fraud: ● Evasion of tax obligations through falsified documents, underreporting income, or hiding assets in offshore structures. Corporate Fraud: ● Fraudulent activities by company executives, such as misrepresentation of financial health, insider trading, or investment fraud.

  3. LDM Global Fraud Investigation Approach Step 1: Risk Assessment and Fraud Detection ● ● Initial review of business operations and financial transactions to identify red flags. Use of forensic accounting techniques to spot anomalies. Step 2: Investigation and Evidence Gathering ● ● Conducting in-depth investigations using data mining, document analysis, and forensic analysis tools. Engaging legal and forensic experts to secure evidence for potential litigation. Step 3: Reporting and Recommendations ● ● Detailed reports on findings, fraud detection, and recommended remedial actions. Strategic recommendations to prevent future fraudulent activities. Step 4: Legal Support and Enforcement ● ● Providing support for legal action, including expert witness testimony. Assisting with regulatory reporting and compliance.

  4. Real-World Applications and Case Studies Case Study 1: Financial Fraud in Offshore Business ● Investigation of embezzlement in an offshore company using forensic analysis to trace funds and uncover misappropriations. Result: Legal action and recovery of a significant portion of stolen assets. ● Case Study 2: Corporate Fraud Detection ● Fraud investigation in a multinational corporation for falsifying financial reports and misrepresenting stock performance. Result: Successful prosecution and corporate restructuring. ●

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