Asset Misappropriation, Corruption & Fraudulent Schemes "Occupational Fraud"

According to the Association of Certified Fraud Examiners (ACFE), 2006 Report to the Nation, the term “occupational fraud” may be defined as: “The use of one’s occupation for the personal enrichment through the deliberate misuse or misapplication of the employing organization’s resources or assets.” The typical organization loses 5% of its annual revenues to occupational fraud.

Periodically businesses and organizations have been faced with the daunting task of determining whether supposedly faithful employees, business partners or contractors have breached the trust bestowed upon them. Many times the red flags fly or the alarm goes off and companies do not know where to turn. Working in tandem with your organization's management, security department, legal counsel and/or law enforcement, ARMADA can help resolve and prevent these types of incidents in a timely manner.

As organizations become aware of incidents of possible impropriety or fraud, they may require an independent investigative authority to substantiate or disprove their suspicions. ARMADA can provide this independent, comprehensive and professional assessment to allow the entity to make a fact-based decision and take appropriate action.

ARMADA's staff has extensive knowledge and experience in conducting business investigations, providing fraud awareness training, and establishing and maintaining effective fraud hotline programs.