Situation
A multinational organization identified potential expense understatement issues impacting financial reporting, requiring a comprehensive cross-border fraud investigation.
SFG Role
SFG led and executed the end-to-end investigation, coordinating efforts across jurisdictions and serving as the primary liaison between U.S. and Mexico-based stakeholders.
Approach
- Conducted an eight-month, multi-location investigation across domestic and international offices
- Performed over 50 interviews with key personnel and relevant parties
- Analyzed financial documentation and executed data mining procedures to identify irregularities
- Coordinated field teams and managed investigative workflows across jurisdictions
- Acted as intermediary between Mexico and U.S. entities to align findings and communication
- Reported findings and observations directly to the Vice President of Internal Audit and CFO
Outcome
The investigation resulted in a $100 million US GAAP adjustment, providing clarity on financial misstatements and enabling leadership to take corrective and governance actions.