Financial investigations are a large part of the work that private security firms perform especially when it comes to helping clients protect business and personal financial interests. With all the fraudulent activity, credit problems and indebtedness issues that exist today, investigators have to rely on a combination of strategies to deal with financial risk and debt recovery. Very often investigators begin by conducting an asset trace to gather the necessary details to develop a profile and formulate a course of action.

There are numerous reasons why businesses, insurance companies, attorneys, and individuals hire private firms to conduct an asset trace, including determining if a borrower has the means to pay back a loan, conducting due diligence when entering into a contract or merger/acquisition, in anticipation of litigation, and dealing with compensation issues arising from personal or property injuries. … Continue reading