Forensic line - fraud prevention and detection tool
Fraud and unethical behavior prevention and detection tool.
MD, Haládik Consulting, s.r.o.
How to obtain
Data for Czech market, source: 2011 PwC Global Economic Crime Survey
suffered by loss
over CZK 2 mil.
of fraud was
Security, independence, anonymity.
Forensic line will become integral part of your control environment. Forensic line is primarily for benefit of those who are
interested in long term operation and profitability of the business. Those are usually shareholders, owners, corporate
governance bodies and top management.
Recently, 27% of companies were subject to the fraud activity. This number
represents only discovered fraud. Estimate says that in real this number can
be easily doubled. In other words, every second company faces fraud
activity, mostly committed by their employees.
Forensic line represents easy and effective tool not only for the reporting
any fraud suspicion by employees, but also a strong tool for the fraud
Recent development of Companies act and other relevant legislation make
management more and more responsible for the right set up of control
environment. Independent Forensic Line represents strong part of the
Such tools are common in the international corporate environment.
However, insufficient localization has significant impact on its efficiency.
Forensic line provides not only multilingual use, but also support of legal
compliance for every selected country.
Anonymity is one of the key attribute to encourage
individuals to make a report. If the Forensic Line was not
anonymous, you would hardly get any report.
Strongest part of the control environment comes from
principle of independence. Reports obtained from
independent provider are free of any internal influence
Privacy and misuse protection of any report is guarantied
by Law firm. It is also guarantied that any report will be
used in compliance with the law and will not be used to
harm any client interest or ethical rules.
Methodology of the reports collection, evaluation and
privacy is compliant with International Standards for the
Professional Practice of Internal Auditing as issued by The
Institute of Internal Auditors.
How it works
Privacy and independence is
guarantied by Haládik Partners, law
Sources of filings Forensic line Reporting
and regular reporting:
Advanced data security
Protected internet interface
accessible from PC,
Smartphone or tablet
Anonymous telephone line for
verbal filings and choice of
Funders, Shareholders and Investors
Internal Audit, Supervisory Board
Tom management and
anonymity independence security
Sealed box located at client
office for submission of
Tool for owners, management and corporate governance.
We guarantee implementation of the Forensic Line within 30 working days from
contract signing. This includes training of key management personnel,
customization of website and telephone line and proposed implementation of
internal and external communication.
Line customisation and set-up
• Choice of input channels
• Localisation and language customisation
• Reporting tailoring and directing
• Incorporation to existing processes and controls
• Training for key management personnel focused on
identification of fraud and unethical behaviour
• Presentation of forensic line operation and key information
about purpose of the line to all employees of the
Internal and external marketing
• Proposed internal and external marketing
• Use of company’s existing communication channels
• Proposed presentation of corporate responsibility
• Regular communication and findings presentation setup
Benefits of Implementation
50% As an average company I have at least 50% chance
to be subject of fraud.
50% Having Forensic line implemented, I can reduce
fraudulent activities or discover fraud with at least 50% chance.
CZK 2 million is estimated annual fraud value to the
By implementing Forensic Line typical company can save at
CZK 500 ths.
Saving of additional cost incurred if
fraud is committed (layers fee, etc.)
Avoidance of insurance company
resistance to cover fraud cost if
appropriate control environment is
Fulfilling management legal
obligation to set control
environment preventing and
Use for benefit of company’s PR in
corporate responsibility report.
Significant tightening of strict liability of statutory
representatives according to the new Act on
Corporations and Insolvency Act in combination
with the new regulation in criminal law places
great emphasis on improving and streamlining
internal business controls. Insurance of statutory
representative is no more protection against
employees crimes and in the worst case scenario
can be due to crime of employee company
convicted to a penalty of forced liquidation.
Criminal liability of legal persons
§ 8 (1) an offense committed by a
legal person is an unlawful act
committed in its name or on
behalf of or in the course of its
activities, also by an employee or
person in a similar position in the
performance of work tasks.
The insurance does not apply to
claims arising from:
b) committing any criminal or
other intentional fraudulent act or
willful dishonesty of the insured
International company with 270 employees in the Czech
republic and turnover over CZK 720 mil. Several
instances of fraud discovered in misuse of employee
benefits. Cases spread over more than 4 years.
Loss of CZK 2,7 mil.
Marketing agency with 30 employees in
the Czech Republic. Fraud committed
through conflict of interests and sale of
own products over period of 5 years.
Estimated loss of CZK 10 mil.
International pharmaceutical company with turnover
over CZK 1 billion. Discovered trading of with
foreign currency outside of company’s rules and
Corporate Governance rules.
Loss of CZK 37 mil.
International production company. Discovered fraud
committed by misuse of employee benefits.
Loss of CZK 270 ths. In two years
International company with 75 employees
in the Czech republic. Discovered
cheating through the public tender. As a
result, company is now on black list for
Estimated loss of CZK 50 mil.
Are you interested in forensic line?
Do not risk, prevention
is really important.
Call us on:
+420 603 466 473
We can offer you more. Follow up and additional services provided by our specialists:
Support or outsourcing of internal audit function
Based on Forensic Line analyses and using our know-how we will review your internal
audit plan and we will suggest relevant changes to the plan.
Proposal for changes of control procedures
We are prepared to offer you not just one-off but also systematic solution of issues
identified. We will analyze status and reasons of possible fraudulent activities and we
will analyze and suggest systematic changes to your control environment and
processes to avoid such an activities in the future.
We are ready to investigate filings obtained and independently collect relevant
Individual cases resolution
For individual cases we will prepare for you optional scenarios and suggest you steps
to resolve and close these cases.