Customer. National company, market leader in the hygiene and cleaning industry.

Problem. An internal audit identified improper commission payments on exports to South American countries.

Payment of undue commissions. Money embezzlement

Investigation. The investigation found maladministration and payment of undue and inappropriate commissions on exports to neighboring countries to Brazil. Payments were made both to alleged representatives and to importers, implying kick-back payments to certain company executives and thus embezzling money from the company. Wolfe Associates identified the closed group of responsible executives. The Wolfe Associates report was the basis of a Criminal news.

The names of those involved were not revealed for reasons of secrecy. Is your company losing money, being the victim of improper commission payments and embezzlement? Wolfe Associates can investigate misconduct by employees and third parties. We can quantify the losses caused by incompetence and wrongful conduct, identify vulnerabilities in controls and processes, and recommend countermeasures for corrections.

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