Joseph Potashnik & Associates

1. Why is it essential to hire a business fraud investigator in your company?

2. Start… Whether you are in your own country or in foreign land, you will often hear about corporate frauds happening every now and then. It is very difficult to operate a business without any major issues since the new government policies, technological innovations, competitive business strategies are creating new obstacles very often. Many people in business look out for business fraud that helps them to make easy money while they hide their fraud schemes with different reasons. Here is when you need the help of a business fraud investigator if you doubt some wrong practices being followed in your company. Business isn’t an easy task to handle, an employer ahs to look and manage several company departments and all this never gives them enough time to scrutinize the business or corporate frauds emerging in your company.

3. Cont… On the other hand, there are many business owners that fear that exposing the business fraud in the company can lead to bigger problems in the future as the news might get leaked in the market and get printed in the newspapers and that can ruin the reputation of the firm. Companies normally hire lawyers and solicitors that handle business fraud cases in private and they just conduct a simple investigation by inquiring questions at random from the company staff and business associates. Investigators usually ask questions related to the business fraud that they have discovered and try to reach to a conclusion that will help them find the main culprit.

4. Cont… The investigation also goes on secretly with the help of IT staff that can provide all the data and information that will be used to trace and find where and when the fraud has happened. Not just the culprit is identified, but the company can plan effective business strategies to detect the loopholes and avoid such business frauds reoccurring in future. Since the investigation is carried out with every employee, they are really stressed out and every person working in the company is suspected for the business fraud. A lot of information gathered while the investigation process is kept confidential which is the best thing about corporate fraud investigation and this ensures that all your company info and private data is not exposed to the employers.

5. Cont… To handle the company or business fraud successfully, it is necessary to seek the assistance of experts and skilled in this field. A lawyer who has several years of experience would be your best choise. In the US most corporate frauds are investigated by federal agencies but private companies can always hire private corporate fraud lawyers that can handle the case with better care. A few issues that the business and corporate frauds focus on are bank fraud, money laundering, bribery, commodities fraud, tax fudging, financial infringements etc. Those business executives that are found culprits of business and corporate frauds also involve themselves in other fraudulent activities like inflating revenues, forging company’s important data and documents, tax violations, misusing company premises and planning policies against the betterment of the company.

6. RESOURCE… State & Federal Criminal Lawyer, Joseph Potashnik in New York City, is highly skilled in defending NYC residents who are being investigated or have been arrested for Federal and State Crimes. Joseph Potashnik & Associates 14 Wall Street 20th Floor New York, New York, 10005 (212) 227 0860 http://www.jpcriminaldefense.com/medicaidfraud/