Fraud Prevention | Detection | Response | Training
Our DNA Our Mission                                                        Our Values Secure and Protect our Clients’ Repu...
What is Fraud?      Cutting through the labyrinth of complex fraud legalese and even more confusing fraud                 ...
Fraud – Its Many Languages           Theft                              Bribery          Manipulation         Dishonesty  ...
Fraud – The Perception                                                          Fraud!                                    ...
Fraud – The Truth   Rise in fraud incidences*        •   Fraud in corporate India is on the rise: 75%   Fraud risk manag...
Fraud – The Truth (cont’d)  Despite the awareness of risks posed by multitude of fraud types, organisations in India tend ...
Cost of Fraud  The ‘market value’ of fraud *                                                               Where Would You...
What We Offer To help your business  Minimise exposure to fraud and corruption,  Maximise revenues and  Enhance market ...
™ FraudAssess FraudAssess™ is our Proprietary Process Tool to:        Proactively assess your business’ Fraud Risk Vulne...
Our Services Directory           Fraud Prevention                             Fraud Detection                      Fraud R...
How it works – A Fraud Prevention Solution    FraudAssess™ (Fraud Assessment) Step 1    Conduct Fraud Risk Vulnerability A...
About Us                             Gaurav Sareen – Managing Partner                                   Former Commander,...
10 Reasons to choose Falcon Hawk 1.       Increase your business bottom line – a real and measurable metric 2.       Enhan...
Thank You!                                          Its been a delight to host you for this presentation                  ...
Contact Us              Falcon Hawk Consulting              Level 4, Augusta Point                          Mob: +91 8800 ...
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Fraud Risk Consulting - Falcon Hawk, Gurgaon, India

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Welcome to Falcon Hawk Consulting - Your Strategic Fraud Risk Management Partner

We invite you to peruse this introduction presentation.

We are sure you will find at least 1 slide or topic that will interest you.

We look forward to hearing from you

Have a great day!

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Fraud Risk Consulting - Falcon Hawk, Gurgaon, India

  1. 1. Fraud Prevention | Detection | Response | Training
  2. 2. Our DNA Our Mission Our Values Secure and Protect our Clients’ Reputations Excellence & Revenues from Fraudulent and Corrupt Trust Activity by Providing them with Effective and Honour Results-Oriented Fraud Risk Integrity Assessment, Prevention, Detection, Respon Commitment se, and Training Services Accountability Leadership Copyright © 2011 Falcon Hawk ConsultingCopyright © 2012 Falcon Hawk Consulting 2
  3. 3. What is Fraud? Cutting through the labyrinth of complex fraud legalese and even more confusing fraud jurisprudence, at the core of any fraud is: A Person’s Desire to be Dishonest and Deceitful to Others With an Intent to Cause Loss, Disadvantage, or ‘Injury’ Intentionally Copyright © 2011 Falcon Hawk ConsultingCopyright © 2012 Falcon Hawk Consulting 3
  4. 4. Fraud – Its Many Languages Theft Bribery Manipulation Dishonesty Cooking Corruption Omission Deception Books Criminality Lies Copyright © 2011 Falcon Hawk ConsultingCopyright © 2012 Falcon Hawk Consulting 4
  5. 5. Fraud – The Perception Fraud! Us? No way… Not us! We have done Everything and are very well Protected It can Never happen to US! Copyright © 2011 Falcon Hawk ConsultingCopyright © 2012 Falcon Hawk Consulting 5
  6. 6. Fraud – The Truth  Rise in fraud incidences* • Fraud in corporate India is on the rise: 75%  Fraud risk management is not prevalent in India Inc* • Do not have formal fraud risk management framework: 41% • Use of technology to detect fraud trends & anomalies in data is poor: 60%  Biggest enemy is ‘within’* • All frauds except IP frauds are perpetrated by employees: 75%  Areas of fraud risk in coming years* • e-commerce & computer related frauds largest threats: 53% • Supply chain fraud (procurement and sales & distribution): 50% • Bribery & corruption (including ‘kickbacks’): 47%  Factors contributing to an increase in fraud* • Inadequate internal controls or compliance programs: 63%Hawk Consulting Copyright © 2011 Falcon • Failure of line managers to act against deviations from policies & procedures: 53% * % Respondents in ‘India Fraud Survey Report 2010 (KPMG India)’Copyright © 2012 Falcon Hawk Consulting 6
  7. 7. Fraud – The Truth (cont’d) Despite the awareness of risks posed by multitude of fraud types, organisations in India tend to focus more on the adequacy of controls mitigating financial frauds only And, unfortunately, they lay considerably lesser emphasis on anti-fraud programs and controls to mitigate non-financial fraud risks Non-financial frauds account for 83% of all organisational frauds Of which, 93% are perpetrated from within the organisation * Copyright © 2011 Falcon Hawk Consulting * Australian Institute of Criminology Annual Fraud Report 2010Copyright © 2012 Falcon Hawk Consulting 7
  8. 8. Cost of Fraud The ‘market value’ of fraud * Where Would You Like Your Business To Be? 13% 29% Less than 10 Lacs 10% 10 Lacs - 1 Cr 48% 1 Cr - 10 Cr 10 Lacs – 1 Cr Greater than 10 Cr Copyright © 2011 Falcon Hawk Consulting * % Respondents in ‘India Fraud Survey Report 2010 (KPMG India)’Copyright © 2012 Falcon Hawk Consulting 8
  9. 9. What We Offer To help your business  Minimise exposure to fraud and corruption,  Maximise revenues and  Enhance market reputation Falcon Hawk offers you 4 distinct Fraud Risk Management Services • Fraud Assess™ • Fraud Prevention • Fraud Detection • Fraud Response Copyright © 2011 Falcon Hawk ConsultingCopyright © 2012 Falcon Hawk Consulting 9
  10. 10. ™ FraudAssess FraudAssess™ is our Proprietary Process Tool to:  Proactively assess your business’ Fraud Risk Vulnerability  X-ray your business and measure how vulnerable and susceptible your people, processes, and procedures are to Fraud and Corruption 6 Benefits of FraudAssess™ for your business: • Identify its real and potential fraud and corruption risks • Identify which business activities are most vulnerable to fraud • Know which person/s, or what position/s put it most at risk of fraud and corruption • Improve its fraud communication and awareness • Identify its Residual Fraud & Corruption Risks & Vulnerabilities Copyright © 2011 Falcon Hawk Consulting • Make informed decisions re: fraud and corruption prevention programs, plans, and strategiesCopyright © 2012 Falcon Hawk Consulting 10
  11. 11. Our Services Directory Fraud Prevention Fraud Detection Fraud Response• Fraud Risk Vulnerability Assessment • Fraud Detection Protocols • Fraud Response Protocols• Fraud & Corruption Control Standard • Fraud Detection Controls • Fraud Response Controls• Fraud & Corruption-Control Policy • Auditing and Monitoring • Fraud Investigation & Response• Fraud Risk Management Program • Whistle-blower Protocols • Reporting & Disclosure Protocols• Code of Conduct & similar Standards • Fraud Detection Scorecard • Remedial Action/Recovery Protocols• Fraud Communication & Training• Process-specific Fraud Risk Controls• Fraud Prevention Scorecard Copyright © 2011 Falcon Hawk ConsultingCopyright © 2012 Falcon Hawk Consulting 11
  12. 12. How it works – A Fraud Prevention Solution FraudAssess™ (Fraud Assessment) Step 1 Conduct Fraud Risk Vulnerability Analysis to Determine and Measure Real and Potential Fraud Risks FraudSafe™ (Fraud Prevention) Step 2 Establish Extent of Fraud Risks, Determine Suitable Solutions, and Make Recommendations FraudSafe™ (Fraud Prevention) Step 3 Design, Develop, and Implement Client Approved Recommended and other Solutions Copyright © 2011 Falcon Hawk ConsultingCopyright © 2012 Falcon Hawk Consulting 12
  13. 13. About Us Gaurav Sareen – Managing Partner  Former Commander, New South Wales Police Force, Sydney, Australia  Member – Association of Certified Fraud Examiners (ACFE) – global apex body for fraud risk management professionals  Senior Accredited Police Detective specialising in complex & organised commercial fraud & cybercrimes  Former Fraud Prevention Officer, New South Wales Police Force, Sydney, Australia  Over 10 years of extensive experience in managing & investigating frauds such as asset misappropriation, bribery & corruption, cheating, intellectual property, false identity, contract & procurement, e-crimes, credit cards, ATM skimming etc  Bachelor of Policing (Criminal Investigations) – Charles Sturt University, Australia  P.G. Certificate Commercial Crime Investigations – Charles Sturt University, Australia  Accomplished fraud lecturer & trainer. Has trained over a thousand police officers, and many hundreds of executives2011 Falcon Hawk Consulting Copyright © from the Retail Industry, IT/ITeS, BFSI, FMCG, PSUs, other government departments etc in fraud prevention, investigation, and managementCopyright © 2012 Falcon Hawk Consulting 13
  14. 14. 10 Reasons to choose Falcon Hawk 1. Increase your business bottom line – a real and measurable metric 2. Enhance your business’ reputation in an ever-challenging market space 3. Minimise your business’ vulnerability and exposure to fraud and corruption 4. FraudAssess™ measures your business’ vulnerability to fraud and corruption 5. Fiercely guard your confidentiality – NEVER advertise client names 6. All solutions and products conform to IS15900:2010 and AS8001:2008 7. Extensive best-practice international fraud management & consulting experience 8. Member – Association of Certified Fraud Examiners (ACFE) – global apex body for fraud management professionals 9. Always quote full fees up-front – no post-contract ‘extras’ or ‘hidden nasties’ Copyright © 2011 Falcon Hawk Consulting 10. Transparent and legally binding contracts – no misrepresentations/verbal ‘assumptions’Copyright © 2012 Falcon Hawk Consulting 14
  15. 15. Thank You! Its been a delight to host you for this presentation We realise your time is at a premium. We’re sure you’ve found something that interests you Ring us or send us a quick email It will be a delight to hear from you for next steps! Thank you! Copyright © 2011 Falcon Hawk ConsultingCopyright © 2012 Falcon Hawk Consulting 15
  16. 16. Contact Us Falcon Hawk Consulting Level 4, Augusta Point Mob: +91 8800 666 770 DLF Golf Course Road Sector 53 Email: gaurav@falconhawk.in Gurgaon – 122002 Web: www.falconhawk.in Your Fraud Protection IS Our Business! Copyright © 2011 Falcon Hawk ConsultingCopyright © 2012 Falcon Hawk Consulting 16

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