CRA has extensive experience in identifying and tracing assets both domestically and internationally in the course of litigation, bankruptcies, and to satisfy legal judgments. The approach combines desktop research, forensic examination of books and records, on-the-ground source inquiries, and advanced analytics of financial data to identify patterns and anomalies that may highlight fraudulent transfers and trace the destination of misappropriated funds.
With $1.5 trillion laundered through the global financial system annually, banks continue to incur heavy penalties from regulators, along with damage to their brands. We understand that each institution faces distinct challenges, and our customized, data-driven solutions are designed to detect suspicious transactional activity, identify sanctioned individuals and vendors, and remediate compliance gaps in accordance with industry best practices.