Corruption Of A Fraud Investigation - 840 Words

Money laundering, amongst other white collar crimes, are serious issues in which fraud examiners and law enforcements agents deal with on a daily basis. The range of complexity vary; however, each case must imply specific procedures to obtain substantial evidence. The procedures vary from profession, which are used to collaborate to build evidence and abide legal aspects. Adherence to legal aspects are important in fraud investigations as such events can be used to dismiss a case. The procedures purpose are to reduce legal ramifications of a fraud investigation, obtain credible evidence and preserve the rights of the perpetrators. The procedures purpose are to reduce legal ramification of a fraud investigation that can ultimately impede a case. The procedures serve a variety of factors including the individuals involved. A fraud investigation does not only concentrate on catching the perpetrator since other influential factors can affect a case’s outcome. The other influential factors within a fraud investigation include the legal system, evidence, rights, witnesses, victims, prosecutor and defense. An issue within these factors can increase legal ramifications that will impede a fraud investigation resulting as an additional source of which a perpetuator will take advantage of. The legal system and its laws serve as the most influential factor in a fraud investigation. For instance, all other factors involved in a fraud investigation may follow appropriateShow MoreRelatedThe Use Of The Financial Investigation Method1695 Words   |  7 PagesThis research examines the extent of the use of the financial investigation method to advance the process of fraud investigation. To achieve this aim, an exploratory case study was utilised to allow the researcher conducting an in-depth investigation. This case study is carried out by exploring several fraud cases that significantly used financial investigation method in the process of investigation. 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