Forensic Accounting Plays Crucial Role in Financial Crime Investigations in Switzerland

The recent investigation by Deloitte’s forensic accounting team has highlighted the significance of thorough financial analysis in uncovering evidence of financial crime in Switzerland.

A High-Profile Case: Uncovering Financial Misdeeds

In a notable case, a client accused an employee of severe malpractice, including violations of their organization’s ban on front running, parallel running, and after running transactions in securities. Deloitte was tasked with estimating the personal profits made by the individual from these illicit transactions during his time with the firm.

Expert Investigation and Analysis

A team of experts was established to conduct extensive investigations into the individual’s personal and work-related securities transactions, matching corresponding dealings where improper personal dealing appeared to have occurred. Through this painstaking process, the team was able to calculate the personal profits made by the individual, providing a comprehensive report that included visual presentations of transactions across time.

The Importance of Forensic Accounting

The report and estimate of illicit profits served as an independent expert opinion, supporting the client’s case as they presented it to the public prosecutor. This case underscores the critical role forensic accounting plays in financial crime investigations in Switzerland, where meticulous analysis and expertise are essential for uncovering evidence and building a strong case against perpetrators.

Expert Assistance for Financial Crime Investigations

If you have a similar issue that requires expert assistance, contact one of Deloitte’s specialists today. Our team of experts is dedicated to providing comprehensive forensic accounting services to help you navigate complex financial crime investigations in Switzerland.