Legal

Bf Solution offers financial investigators and forensic accountants offering extensive experience with tracing and recovery of assets, borne of successful careers at some of the largest law enforcement agencies and consulting firms in the world Our team of financial investigators are aware that asset recovery is all about moving quickly. If steps are not put in place early, the prospect of finding the money, even if you can trace it, gets more uncertain as each day passes. Our asset tracing pursuits run the gamut: from funds shielded through complex corporate structures, to embezzled assets of former heads of state, to millions or billions misappropriated by schemers. Our experienced forensic and technology practitioners use a sophisticated array of tools and resources to analyze financial systems and reconstruct records to find out where funds have gone, in multi-jurisdictional asset searches, and most importantly work on getting them back. Our Asset Tracing and Recovery experts will work with you and your legal adviser to attempt to recover misappropriated funds, quickly and discreetly.

Our methodical approach includes:

Asset Mapping: Through systematic analysis of a wide range of data repositories around the globe, coupled with strategically targeted inquiries with diligently identified sources with relevant knowledge, our attorneys develop intelligence on the location, size, and background of the available pool of assets. The end product is a map, detailing each identified asset per jurisdiction, its estimated value, and relevant intelligence on the pros and cons for seizure.

Asset Recovery Strategy: Our investigators work hand in hand with the either Bf solution legal team or with the clients appointed legal consul devising enforcement strategy’s that prioritizes the jurisdictions where enforcement efforts will be made. We classify assets within each jurisdiction as more or less desirable, based on the legal tools available in each jurisdiction, the perceived ease of or potential hurdles to attachment, and their value. We then proceed with conducting targeted inquiries to obtain evidence of the ownership of those assets that will be pursued. Bf Solution may expand its inquiries to identify and include additional assets in the “friendly jurisdictions” selected for the pursuit.

Continued Recovery Support: The investigators at Bf Solution provides ongoing intelligence and evidence gathering relating to each of the recovery efforts pursued through legal recourse working on gathering intelligence about the transfer or sale of assets and monitoring the subject’s acquisition plans, regular payments made by the subjects, or the subjects’ plans and activities.

Asset Recovery Strategy: Our investigators work hand in hand with the either Bf solution legal team or with the clients appointed legal consul devising enforcement strategy’s that prioritizes the jurisdictions where enforcement efforts will be made. We classify assets within each jurisdiction as more or less desirable, based on the legal tools available in each jurisdiction, the perceived ease of or potential hurdles to attachment, and their value. We then proceed with conducting targeted inquiries to obtain evidence of the ownership of those assets that will be pursued. Bf Solution may expand its inquiries to identify and include additional assets in the “friendly jurisdictions” selected for the pursuit. Continued Recovery Support: The investigators at Bf Solution provides ongoing intelligence and evidence gathering relating to each of the recovery efforts pursued through legal recourse working on gathering intelligence about the transfer or sale of assets and monitoring the subject’s acquisition plans, regular payments made by the subjects, or the subjects’ plans and activities.

Indicated below are a list of areas our investigators specialize in Verification of ownership of the assets

• Family tree and layering of disclosed/ undisclosed entities structure to understand potential ownership
• Details of additional tangible assets and verification of ownership either through source enquiries or documented evidence, where available
• Quantum of funds and wealth in other asset classes
• Credit defaults against assets or charges registered against assets
• Detailed analysis of movements of advances towards purchase of assets or investments in facilities.
• Detailed analysis of investments in fixed assets and investment pattern in subsidiaries, if any to obtain leads of assets, of the key affiliates and subsidiaries and of the other entities.
• Proof of the ultimate beneficial ownership trail or evidence that assets represent the proceeds of a fraud or other crime.

in addition to research and financial investigation, asset tracing engagements often require insight or intelligence gathered from sources on the ground in jurisdictions around the world. Our clients and partners constantly rely on Bf solution team of investigators to call on its deep and diverse source network to help provide color and context to issues identified during investigation or through public record research.

Bribery and Corruption Investigations

Bf Solution offers a team of financial investigators, forensic accountants, financial crime compliance professionals, and investigative diligence to mitigate the risk of corruption exposure. The discovery of fraudulent activity—such as bribery or corruption—can be a devastating blow to a company’s finances, external reputation and ability to conduct business with governmental entities. But it also frequently involves varying degrees of regulatory and legal scrutiny, which carry substantial costs and can have negative effects on the organization’s day-to-day operations and longer-term business strategies. Our specialists advise corporate officers (General Counsel, Chief Compliance Officers), corporate board directors, white-collar defense attorneys and government appointed monitors, and help our clients address corruption risks and respond to multi-jurisdictional matters arising from alleged violation.

We can provide a full range of services from proactive compliance through to investigations to help you identify and mitigate the risks.

Our methodologies and bespoke client offerings include:

ABC framework assessment – Once we are contracted to assist with an issue the first step taken by our investigative team is an independent assessment of your ABC framework in relation to the Ministry of Justice guidance on adequate procedures, other international guidance and Bf Solutions view of best practice and recommend enhancements.

ABC Risk Assessments – Once the total ABC framework has been assessed and the structure reaffirmed our investigators proceed to assessing the inherent ABC risks you may be facing globally while understanding the various control measures you have in place to mitigate those risks

ABC Training and Awareness – We are strong believers in the statement prevention is better than cure our investigators liaise with you drafting and delivering tailored training including e-learning modules and face to face training and awareness sessions for high risk employees and senior executives in your business.

Maturity Assessments – understanding where your ABC compliance framework is compared to similar companies and KPMG’s view of best practice assessing gaps and/or weaknesses and developing a plan for enhancement

ABC Due Diligence (pre and post-acquisition) – the approach to managing ABC risk may be different depending on the size, sector, location and culture of a company. We help you understand the ABC risks and rewards of any potential takeover/merger, to avoid successor liability and to protect the value of your investment

Third Party Risk assessments – we assist in identifying and risk ranking your Third parties (i.e. associated persons) and designing an appropriate risk based due diligence program to manage risks from the on boarding stage and monitor throughout. We can also use our own bespoke due diligence system which includes end to end workflow management

Investigations – In a situation the crime has already been perpetrated our ABC specialists can also assist you in the investigation process when something goes wrong

We offer a wide range of expert support at every stage of a global corruption investigation.

Perform forensic accounting tests of business transactions

Collect information through publicly available material, conduct interviews and investigate beneficial relationships

Identify and preserve electronic data and hard copy records

Analyze data and uncover relevant documents and information using advanced analytics applied to unstructured data and state-of-the-art tools to analyze structured data sets

Reconstruct accounting records

Combine output with information and evidence gathered elsewhere to establish the fact pattern

Produce a report for key stakeholders based on our investigation that answers the questions who, what, where, when, how and why

Identify control weaknesses and potential gaps in the anti-corruption compliance program and accounting internal controls

Provide information to assist outside counsel on the appropriate case strategy

Create a crisis communications strategy and tactical implementation plan.