Fraud Prevention

White-collar crimes reach media headlines, generally reporting a dramatic embezzlement using computers or some sensational scheme in the upper echelons of the financial or corporate worlds. These infrequent reports leave many people believing that most executives of high finance and corporate affairs are crooks, because the only time they hear the words white collar crime are in relation to such individuals. On the other hand, many people believe that most corporate workers are honest and adhere faithfully to the law and display unquestioning loyalty to their corporate employers. In the real world, they are wrong on both counts.

What the media does not report is the daily looting of company cash and assets by commonplace corporate and industrial employees -looting that totals tens of billions of dollars each year. EPIS Fraud specialists have presented statistics disclosing that most corporate workers will steal if they get a chance, another sizeable group will steal if they think they can get away with it, and only a few will not steal under any circumstances.

Fraud is a generic term that encompasses all manner and forms of intentional deception. Lying, cheating, embezzlement, and theft are vernacular forms of fraud. In a causative context, fraud is both personal and environmental. For example, fraud perpetrators are generally motivated by economic need or greed. Environmental factors that breed internal fraud and create opportunities for embezzlement and theft include lax accounting controls and loose moral standards among the members of senior management.

The first type of theft we call robbery, with its many varieties, and the second we call fraud. While robbery is certainly more violent than fraud, and attracts much more media attention losses from fraud far exceed losses from robbery.

In the corporate context, fraud can be categorized as being internal (committed by insiders, i.e. officers, directors, employees and agents) and external (committed by outsiders i.e. vendors, contractors, and suppliers). Corporate fraud can also be classified as to those committed by insiders for the company (violation of government regulations, i.e. tax, securities, safety and environmental laws).

Corporate frauds are often detected by accounting discrepancies noted by internal auditors and by allegations of theft, corruption, or auditors and by allegations of theft, corruption or embezzlement received by security investigators. Frauds perpetrated by senior management involve the misrepresentation of facts in financial statements. In such cases there may be overstatements of assets, sales and profit, or understatements of liabilities, expenses and losses. Senior managers might perpetrate financial statements frauds to deceive investors and lenders or to inflate profits and thereby gain higher salaries and bonuses.

Frauds committed by low-level employees include such techniques as falsifying expense reports and benefit claims, embezzling funds, using corporate property for personal purposes, stealing corporate property, and accepting gratuities from vendors, contractors, and suppliers. Low-level frauds are often called transaction frauds, as distinguished from fraud in financial statements mentioned previously.

Security Associates is in a position to help deter and detect fraud that might be present in your organization. No two companies are the same, and we never institute the same procedures or techniques. The first step is to 'scan' the structure of your organization and detect any possible flaws in the system that would allow any possible fraudsters room to rob your assets. We can provide a range of services for this specific area of fraud, and our consultants are all well experienced in preventing and detecting fraud in all environments.

In a perfect world no one would steal. But given the opportunity and knowing that there is no one to find out, people are tempted to have 'sticky fingers'. Please do bear in mind; fraud is committed by anyone! Not just low level employees or casual workers. In most cases based on our experience, people that you trust, and you would never suspect commit it. People that may already be entrusted in your organization and have worked for you for many years. Our job function is to help you identify, and eventually seal any loopholes in your organization's operating system thus preventing or detecting any fraudsters from looting your organizations assets.

Client Reviews

Empire Pacific Investigative Services

4.8

Based on 88 reviews

Kim J.
My Son found Mike at Empire Pacific because we needed a detective in order to find someone. We had spend a lot of time and money on many search people websites and never found anything current on the person we were trying to find. We hired Mike to do an initial check to find the person. Mike called and said on the initial check that he had found what we needed, he said the second step would be to go look by foot and there would be a fee per hour. About 2 hours later Mike called and told us he had found the person and gave me his current phone number. I called and sure enough it was the person I was looking for. Now this shows how honest Mike is because he could have easily billed me for a few extra hours of leg work (which is paid per the hour) and I would not have known he already found the person. Mike was very attentive when I called and either picked up his phone or called me back very fast. I would highly recommend Mike, he is vey good at what he does and is respectful, honest and FAST!
Agustin C.
Mike Hakimi from EPIS is a true professional. He helped me with my case. He delivers effectively and fast! I was trying to find someone that nobody has heard from him from since the late 90's, I was very unsure he was still around. I needed to find him and interview him for my movie project. A key character. And Mike incredibly found him. Don't hesitate hiring Mike for any type of service.
Shera C.
Very pleased with Mike and his staff. Thank you for handling this surveillance case on such short notice. I was very pleased with your services and will do biz again with you for sure. I will be in touch:) 5 Stars!!!
Lance R.
Mike and his team are as professional as it gets. Very prompt to reply and understand the finesse needed in this service. I appreciate his expert feedback and how to best proceed in the most efficient way possible. Thank you again!!!

-LRR
Yossi S.
I have highest, highest praise for Mike at Empire Pacific Investigative Services. I had to take someone to court and I was concerned whether sheriff is efficient enough to do the serving or they will just attempt and I pay for nothing. I talked to Mike about serving this particular person and on top of it I try to force future steps of collection and Mike was extremely helpful to show me in and outs of all the options that I have and how he can help me.

My concern was the person that I am suing would play hide and seek, not available during the day and difficult to catch. Sure enough Mike served the paper within 2 to 3 days and informed me accordingly.

I am so happy to know Mike and would not hesitate to recommend him to anyone that has needs for his services.
Kevin O.
I was searching for a family relative, for over 40+ years with no such luck. So I decided to find a private investigator. I contacted Mike at Empire Pacific Investigative Services and in the same day he found the person I was looking for easily. I was so blown away! This service is AAA+ and I would definitely use them again, again and again! Thank you Mike!
Deborah O.
Top notch experience with Empire and Mike!
No lag time or waiting around. He gave me the difficult diligence I needed within the week.
Professional, friendly and available whenever I need the.
Prompt response time and easy to reach!
Thanks Mike! I'll be using your services again. Wouldn't go to anyone else!

Deb Olberding
Magda S.
I had very good experience with Empire Pacific Investigative Services, Mike was very determined and efficient, detail oriented and reliable. His work effect exceeded my expectations.
Yossi S. Los Angeles, CAV
0 friends
4 reviews

11/20/2017

I have highest, highest praise for Mike at Empire Pacific Investigative Services. I had to take someone to court and I was concerned whether sheriff is efficient enough to do the serving or they will just attempt and I pay for nothing. I talked to Mike about serving this particular person and on top of it I try to force future steps of collection and Mike was extremely helpful...

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Agustin C. Los Angeles, CA
10 friends
3 reviews

4/26/2018

Mike Hakimi from EPIS is a true prfessional. He helped me with my case. He delivers effectively and fast! I was trying to find someone that nobody has heard from him from since the late 90's, I was very unsure he was still around. I needed to find him and interview him for my movie project. A key character. And Mike incredibly found him. Don't hesitate hireing...

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Marcus B. Ewa Beach, HI
32 friends
86 reviews

2/27/2018

I contacted Mike at Empire to do some research for me on an old insurance claim. It ended up not being along the lines of work that he was an expert in but what was so great about the experience was that Mike went out of his way to find me someone that did specialize in the area. If you are considering a couple options on who you need for your investigation you...

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Magda S. New York, NY
27 friends
2 reviews

3/21/2018

I had very good experience with Empire Pacific Investigative Services, Mike was very determined and efficient, detail oriented and reliable. His work effect exceeded my expectations.

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Shera C. Orange, CA
8 friends
24 reviews

2/27/2018

Mike's firm is awesome. I gave them short notice to conduct surveillance and they totally delivered. Thank you and your staff for handling this assignment for me on such short notice...

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Jonatan C. Chatsworth, Los Angeles, CA
0 friends
8 reviews

8/25/2017

I have worked with a few private investigation firms, and in my opinion, Empire Pacific Investigative "Mike Hakimi" is the best one...

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