80% of fraud cases in SA workplaces are committed internally.
Loading player...
GUEST - Steven Powell, head of law firm ENSafrica's forensics practice
It is well-known that people who generate wealth from illicit or illegal activities, like theft, tax fraud or corruption, will conceal their assets amongst ‘seemingly’ legitimate income sources to avoid detection. Lifestyle audits can be used to identify criminality by understanding how the individual is spending, earning, and concealing income. Forensic investigators look for discrepancies in lifestyle and income by discovering conspicuous assets, properties, and offshore investments.
It is well-known that people who generate wealth from illicit or illegal activities, like theft, tax fraud or corruption, will conceal their assets amongst ‘seemingly’ legitimate income sources to avoid detection. Lifestyle audits can be used to identify criminality by understanding how the individual is spending, earning, and concealing income. Forensic investigators look for discrepancies in lifestyle and income by discovering conspicuous assets, properties, and offshore investments.
