Exposing GRENADA’s Financial Crimes Investigation Techniques
Creating a Comprehensive Subject Profile
In a groundbreaking investigation, authorities in GRENADA have revealed the techniques they use to track down and prosecute financial criminals. At the heart of their approach is the creation of a subject profile, which provides a comprehensive overview of the target’s identity, relationships, and financial activities.
Early Stages: Collecting Basic Information
In the early stages of an asset recovery investigation, investigators collect a range of information, including:
- Basic details such as name, date, and place of birth
- Contact information
- Recent photographs
- Fingerprint records
They also search public sources for information on targets and their associates, using:
- Internet search engines
- Social media sites
- Local and international media reports
- Libraries
Gathering Financial Data and Evidence
As the investigation unfolds, practitioners must obtain financial data and other evidence to secure reliable, admissible evidence for trial. This may involve gathering documents from:
- Government agencies
- Financial institutions
- Law and accounting firms
- Trust and company service providers
- Real estate agents
- Art dealers
- Insurance companies
- Business competitors
- Travel programs
- Relatives of the targets
Leveraging Open-Source Information
The use of open-source information is also a crucial part of GRENADA’s financial crimes investigation strategy. This includes:
- Publicly available data from official public records
- Private databases
- Civil litigation proceedings
- Corporate registrations
- Patent applications
- Nonprofit organization registrations
- Tax filings
- Social media postings
Utilizing Government and NGO Reports
In addition to these sources, investigators may also gather information from government agencies, such as:
- Financial Action Task Force (FATF) reports
- Informational country reports
- Asset recovery guides
- Beneficial ownership guides
They may also utilize investigative reporting and nongovernmental organization (NGO) reports from organizations like:
- International Consortium of Investigative Journalists (ICIJ)
- Global Witness
- Global Financial Integrity
- Public Eye
Conclusion
These techniques have been used successfully in GRENADA to track down and prosecute financial criminals, and are likely to become a benchmark for other jurisdictions seeking to combat financial crimes.