A citizen of the European Union, approached GDA Group after discovering that a significant sum of money had been stolen from their bank account by a fraudulent company. The stolen assets had been rapidly dispersed across multiple countries, making recovery efforts complex and challenging.
Upon engaging GDA Group, our team of specialists initiated a comprehensive asset tracing investigation. This involved:
- Initial Assessment and Strategy Development:
- Conducting a thorough review of the client’s financial records and transaction history.
- Developing a tailored strategy to trace the stolen assets, considering the legal and financial complexities involved.
- Data Collection and Analysis:
- Utilizing advanced forensic accounting techniques to identify and track the flow of funds.
- Leveraging our global network to gather intelligence from various jurisdictions, including financial institutions, real estate records, and other asset registries.
- Collaboration with International Partners:
- Coordinating with international law enforcement agencies and legal experts to obtain necessary legal permissions and support.
- Engaging with local investigators in multiple countries to track down assets and gather critical evidence.
- Asset Identification and Recovery:
- Identifying the locations and forms of the stolen assets, which included bank accounts, properties, and other investments.
- Initiating legal actions in relevant jurisdictions to freeze and recover the identified assets.
- Ongoing Monitoring and Reporting:
- Providing the client with regular updates on the progress of the investigation and recovery efforts.
- Ensuring continuous monitoring of potential new leads and developments in the case.
Through our diligent and methodical approach, GDA Group successfully traced and recovered a significant portion of the stolen assets. The client’s funds were returned, and legal actions were pursued against the fraudulent company, leading to a resolution of the case.
This case exemplifies GDA Group’s expertise in global asset tracing and our commitment to protecting clients’ interests, no matter how complex the challenge.