Fraud

To help organisations better prepare for corporate fraud, LXA has teamed up with EBBEN to develop the Be Prepared scan. This scan provides a clear picture of how well your organisation is prepared for fraud incidents and offers concrete recommendations for increasing resilience.

In such cases, swift and decisive action is crucial. Our specialised approach combines speed, precision and strategy.

Important: keep the “circle of trust” as small as possible. Do not confront the suspected fraudster(s) yourself, but contact us immediately. LXA has the knowledge and network to coordinate all necessary actions.

We determine the strategy together with you. Which action is taken first depends on the specific situation. The most important steps are:

1. Securing assets — By imposing protective seizures, assets that are being siphoned off are secured as quickly as possible.
2. Securing evidence — Securing evidence in a timely manner increases the chances of successfully recovering damages. So-called evidence seizures can also be imposed.
3. Investigation — Determining who is involved, the extent of the fraud and the location of the misappropriated assets.
4. Informing — Informing the relevant authorities, supervisory bodies or internal bodies at the right time.
5. Civil proceedings — In civil proceedings, the court can determine liability and damages.
6. Employment law proceedings — If employees are involved, employment law proceedings may follow, such as suspension, summary dismissal or termination of the employment contract.
7. Criminal prosecution — Fraudsters can also be prosecuted under criminal law. Careful consideration of the pros and cons of reporting the matter to the police is essential. If a decision is made to report the matter, thorough preparation with a specialist is necessary to avoid contradictions.

We ensure that you gain immediate control of the situation: recourse options are secured, evidence is gathered and follow-up steps are determined. We work closely with specialists in labour and criminal law and with forensic investigators to ensure that incidents are dealt with effectively and damage is limited.

• Fraud prevention — Reducing risks and strengthening resilience.
• Fraud detection and investigation — Investigating signs of fraud and identifying those involved and the facts.
• Asset tracing and recovery — Tracking down and recovering misappropriated assets.
• Civil law approach — Seizure, litigation and recovery of damages.
• Coordination — Coordinating the entire approach to corporate fraud.

Related services: Litigation & Arbitration – Employment Law

Please contact our specialists or fill in the form on our contact page.