Financial Crime and Money Laundering
Accounting and financial examination of fraud, diversion and misappropriation, and of the path funds took to conceal their origin.
Overview
Financial crime shows the diversion. Laundering tries to erase the trail.
In fraud, swindling and misappropriation cases, expert work proves the facts and quantifies the loss. In money laundering, defined by Brazilian law as concealing or disguising the origin, location or ownership of assets derived from a criminal offence (Law 9,613/1998, art. 1), the work is to follow the funds to their final destination. SGEx works for those who prosecute and for those who defend.
When clients call on SGEx
- Fraud, swindling and misappropriation in companies, funds and commercial relationships.
- Diversion of funds by directors, partners, employees or agents.
- Transactions inconsistent with declared income or business activity.
- Concealment of assets through front companies, third parties and digital assets.
- Asset freezing, seizure and recovery measures.
How SGEx works
- Fund tracing. Flows followed across accounts, companies, people and assets, with every step documented.
- Source and destination. Inflows compared with the declared activity and outflows with their purpose.
- Both sides. The same method for prosecution and defence, with alternative explanations recorded.
The report shows, in a verifiable sequence, where the funds came from, where they went and where they are now.
What We Solve
- Were funds diverted? How much? Quantifying amounts diverted or misappropriated, period by period.
- Where did the money go? Tracing across accounts, companies and related persons.
- Are assets consistent with income? Asset growth compared with income and transactions.
- Are there front companies? Examining partners, flows and economic substance of the companies involved.
- Where are the assets now? Identifying assets for freezing, seizure and recovery.
- Do the numbers support the charge? Critical review of official expert reports and financial intelligence reports.
How We Approach It
Facts and scope
Defining the facts, the period and the people involved.
Data
Bank statements, data from lifting of bank secrecy and accounting and tax records.
Tracing
Cross-checking flows, with a funds map and calculation workpapers.
Report or opinion
Conclusions, alternative explanations and limitations.
What we examine
Bank statements and data obtained by lifting of bank secrecy, financial intelligence reports, accounting and tax records, contracts, corporate documents, asset declarations and digital asset records.
Possible Deliverables
The format is defined according to the agreed scope and the purpose of the work.
- Technical report and opinion
- Fund tracing report
- Map of financial flows
- Loss quantification
- Asset search
- Critical review of official expert reports
Other SGEx Solutions
Services, specialties, contexts and industries connected to this topic under SGEx's relationship matrix.
Related Services
- Criminal Forensic AccountingAccounting and financial examination of facts under investigation in criminal and administrative sanctioning proceedings, for those who accuse and those who defend.
- Fraud InvestigationTechnical investigation of financial and accounting irregularities, including fund tracing and the documentation of findings.
- Forensic AccountingReconstruction and examination of accounting records and financial flows for evidentiary purposes, in contexts of suspected wrongdoing, conflict or inquiry.
- Anti-Corruption ComplianceEconomic and financial expert analysis of integrity and anti-corruption matters, focused on quantification and technical evidence.
Related Specialties
- Forensic Accounting and AuditAccounting reconstruction, tracing of financial flows, analysis of financial statements, contingencies and fraud investigation.
- Damages, Losses and Economic QuantificationLost profits, actual damages, lost revenue, indemnities and the liquidation of court judgments.
- Expert Assistance to PartiesExpert assistance to parties in court-appointed expert examinations and arbitrations: framing expert questions, opinions, review of reports and attendance at proceedings.
- Administrative ProceedingsAccounting and financial expert evidence in administrative tax, sanctioning, regulatory and oversight proceedings, from the defence to the appeal stage.
Related Areas of Practice
- Corporate Criminal MattersCriminal proceedings involving companies and their officers in which the evidence turns on accounting and financial analysis.
- Corporate and Shareholder DisputesDisputes among shareholders, partners and officers, corporate dissolutions, buyout claims and disagreements over financial results.
- Administrative and Regulatory MattersAdministrative proceedings and regulatory disputes with an economic and financial impact on companies and concession holders.
Related Industries
- Financial and Capital MarketsFinancial institutions, investment funds, investors and publicly listed companies involved in disputes, valuations and financial reviews.
- Cryptocurrency and Digital AssetsCustody, movement and recordkeeping of crypto-assets in investigations, disputes and asset-tracing engagements.
- Public Administration and GovernmentPublic contracts, cooperation agreements, concessions and oversight proceedings involving public funds.
- Associations, Foundations and Nonprofit SectorAssociations, foundations and nonprofit organizations facing accountability duties, tax-immunity requirements and financial reviews.
Talk to our specialists
Describe the facts, the period involved and the records available. SGEx handles every inquiry confidentially and will assess the scope before submitting any proposal.