KPMG’s Forensic practice investigates fraud situations where financial or other business behaviour may not comply with expectations.
We investigate situations where business behaviour may not comply with expectations.
We can help you respond immediately and decisively by:
You can expect:
KPMG’s Forensic practice has undertaken some of Ireland’s largest accounting and financial investigations. We can assist public, private and financial sector clients to investigate financial loss, financial crime and fraud risk. Our team of forensic accountants possess:
Recent case study
Our client had been informed of certain unusual recent transactions on his bank account, which appeared to have been carried out by a long-term employee.
The employee had previously been the subject of a disciplinary action and an investigation by another firm of accountants in relation to misappropriation of our client’s funds through a small number of relatively low value transactions. Subsequently, access to the client’s bank accounts was understood to have been removed.
We identified that almost €5 million had been misappropriated by the employee, through various means including misappropriation of cash and cheques. We also identified that a significant proportion of the funds had been misappropriated prior to the disciplinary action and related previous investigation. We analysed how this money had been utilised. We also identified that the employee had falsely accounted for the fraudulent transactions, through access to the accounting system.
Using information gained during the course of the investigation, we were able to link a large number of transactions on our client’s bank account to transactions on the employee’s accounts. By accessing international asset registers, we identified that our client’s funds had been used to purchase an apartment in the USA and to fund the purchase and maintenance of racehorses in the UK. The matter recently came before the criminal and civil courts.