Incidents of fraud can cause major disruption to businesses and can have a lasting impact on profit, performance, and reputation. We not only conduct fraud investigations into how such incidents take place but we also provide steps that can be taken toward mitigation or recovery. Our fraud investigations are tailored to the needs of the client, and our professionals cover the entire spectrum of modern investigative theory and practice. Our global teams of experts—with credentials in cyber crime, finance and accounting, law, law enforcement, and intelligence—are supported by technology and data analysis tools to conduct deep inquiries into questions of large-scale fraud and misconduct. We offer unmatched depth of experience in highly complex, multijurisdictional fraud investigations. We help clients understand the circumstances, weigh their options for remediation, assess the damage and recover from it, and prevent it from happening again.
While every investigation of fraud is different, each starts with questions that need to be answered, questions that can cover the entire spectrum of human and organizational malfeasance. Through fact-finding our investigators deploy a variety of means to find these answers. Our investigative experts deploy the following: Research—to provide deep background into public records, open source data, financial filings, client data, and any publicly available information; forensic accounting—to uncover evidence of financial fraud through granular examination of financial and other relevant records; cyber investigation—to identify, capture, preserve, and analyze digital information; data analytics—to discover patterns and anomalies, and demonstrate causal connections associated with massive data sets; investigative interviews—to uncover hard-to-attain information from reluctant subjects or witnesses; and surveillance—for engagements where a closer look at subject behavior is called for.
Our investigators—many of whom come from law and law enforcement backgrounds—take lead roles in many different types of matters:
Financial Fraud Investigations: We diagnose and resolve instances of embezzlement, procurement fraud, financial statement fraud, and other large-scale misappropriations from either inside or outside the client’s organization.
K2 Intelligence combines a financial investigation and technical forensic accounting skill set with the ability to identify and obtain relevant external intelligence and information to produce uniquely informed results for our clients. Investigations into instances of fraud have the potential to lead to loss, regulatory censure, and/or reputational damage. Financial by their nature, these improprieties may include the making of illicit payments, embezzlement, procurement fraud, financial statement fraud, misappropriations from either inside or outside the client’s organization, or the manipulation of market metrics. By working closely with the client’s counsel, our diverse team of forensic accountants, legal experts, corporate intelligence professionals, and former regulators are able to determine how the wrongdoing arose, the impact on the business, and the means to resolution.
Inventory and Assets Fraud: Our integrated approach to investigations enables us to seamlessly combine a variety of methods to identify and investigate the theft, loss, or misstatement of inventory and assets. Using advanced analytical methodologies and technology, forensic accounting expertise, and traditional investigative techniques such as interviews, field assessments, and intelligence gathering, we effectively navigate through a delicate and complex situation to identify the scheme of misappropriation of physical assets, and assist the client in mitigating future losses.
Price Fixing and Bid Rigging: Companies around the world face increased scrutiny and cartel enforcement actions by regulatory agencies. Involvement in price fixing or bid rigging can have serious legal, financial, and reputational consequences for a company. K2 Intelligence possesses sophisticated knowledge and expertise to conduct internal investigations and establish the facts and work with legal counsel to assess liabilities and mitigate future risks.
Construction Fraud Investigations: We help companies involved in construction and engineering projects determine the extent to which they might have experienced over billing, whether as a result of fraud, mismanagement, or other causes. K2 Intelligence combines its core teams with robust expertise in forensic audit and forensic engineering with the firm’s strong investigative acumen to identify and reconstruct the type of fraud that might have occurred.
Our forensic auditors know the schemes
Certified forensic accountants form the core of our forensic auditing teams, which might also include certified public accountants and certified fraud examiners, along with other financial experts.
The forensic auditing teams are routinely called upon by government agencies and private companies to help ensure regulatory compliance, assist in investigations, and support litigation. They have developed proven methodologies for assessing financial controls and procedures. They can also enhance them to minimize future opportunities for fraud, waste, or abuse.
The professionals on these teams typically have specialized in construction and real estate for more than 20 years. They know the schemes that tend to result in inflated costs and other problems. As a result, they know what to look for and who to look at going in to an assignment, preventing the effort from becoming a fishing expedition.
Our forensic engineers can root out fraud
Our forensic engineers similarly leverage vast experience and expertise to help focus our work. These individuals possess extraordinary knowledge. They understand today’s complex construction methods, including mechanical systems and evolving areas such as LEED standards and hardening against terrorist attacks, and they have the knowledge of how these vary geographically.
Their expertise extends to evaluation of cost estimates, materials quality and standards, scheduling, billing and payment, and using investigative techniques to locate, analyze and evaluate information during the course of the investigation.
Employee Misconduct: We investigate instances of theft, fraud, sexual and other misbehavior by employees, adhering strictly to all labor and employment rules and regulations.
Internal Investigations: Fraud, bribery, information leaks, whistleblower allegations, or conflicts of interest, if gone unchecked, can weaken an organization’s performance and reputation. We combine traditional investigative techniques with cutting-edge technologies to provide a broader, deeper level of analysis in a broad range of internal investigations. Clients turn to our investigative teams to conduct interviews in order to gain internal information; review financial data and documentation to forensically trace movement of funds; and investigate suspicious transactions, identify sources, or obtain confessions at an early stage of an inquiry. We are able to detect anomalies that highlight possible malfeasance well before a fraud is discovered. And, dependent on investigative need, we are able to incorporate sophisticated visual analytic tools to reveal patterns and layers of communications in large and previously unmanageable data sets.
Information Breaches and Intellectual Property Leaks: Information breaches and intellectual property (IP) leaks can disrupt business, affect profitability and performance, or adversely affect reputation. At K2 Intelligence we investigate how such incidents take place, the impact they have, and the losses that can occur, and provide steps that can be taken in mitigation or recovery.
Art Fraud Investigations: We perform a wide range of investigative services to buyers and sellers of art, antiquities, collectibles, and wine.
Before acquisitions are made, during ownership or upon sale, we work with collectors and dealers of art, antiquities, collectibles, and wine to evaluate potential transactions, maintain physical security during storage, display, and transport, resolve complex frauds and disputes, and track down missing property. Our team includes former law enforcement officials specializing in art investigations, as well as art history, art market, asset tracking, and forensic accounting experts.
Our team is what makes us different: specialists in art, antiquities, collectibles, and wine, assembled from law enforcement, academia, the compliance world, and the market itself. Whether you are a collector, an artist, a dealer, a law firm, a lender, an insurance company, or a cultural institution, we are ready to assist with protecting your financial interests and the interests of those you represent, from discreet research to physical security to transaction and litigation support.
When issues of rights, provenance, and authenticity arise, clients also turn to K2 Intelligence for support in fact-finding, witness location, and evidence-gathering services. Through extensive due diligence, we prepare referrals and make liaison with law enforcement and other appropriate authorities.
Counterfeiting and Theft of Intellectual Property: We track down and make evidentiary purchases of branded products to prove cases of counterfeiting or grey market activity, and we investigate instances of patent and trade secret theft.
One of the most important challenges facing companies today is the protection of IP—the invaluable but intangible assets that include inventions, trademarks, patents, and proprietary products and methods. We help companies to take the proper steps to protect their brands, reputations, and IP against persistent threats like counterfeiting and grey market diversion; misappropriation by employees, business associates, or competitors; global piracy;
and hacking. From pharmaceutical products to medical device technologies, high-frequency trading algorithms to chemical formulas, the failure to protect key corporate assets can result in loss of profits, loss of competitive advantage, and significant harm to the health and safety of customers.
K2 Intelligence offers a full spectrum of proactive and reactive professional services to help clients combat counterfeit and grey market goods from passing through their virtual doors. We provide the expertise, tools, and support to help secure and protect valuable assets from threats both within an organization and outside its walls by monitoring marketplaces and collecting evidence. And when a problem is suspected, we offer our clients an effective investigative approach that marries traditional fact-finding techniques with cutting-edge technologies.
Our team includes experts with backgrounds in criminal prosecution, intelligence services, data analytics, investigative journalism, cyber crime, forensic accounting, and other relevant disciplines, all supported by a wide array of powerful technology platforms. Leveraging resources in countries throughout the world, K2 Intelligence has the ability to conduct IP investigations on a global scale and brings to bear a deep understanding of local laws and customs that can often make the difference between success and failure.