CRA professionals were hired by a public employee pension fund to investigate a $275M cost overrun on the construction of a $375M manufacturing facility. We recreated the books and records for the project and proved that the owner of the company building the facility had committed a massive fraud. The team’s findings were presented to local prosecutors and the owner was indicted, ultimately paying back a substantial amount of his ill-gotten gains.
Data analytics, machine learning, and investment compliance
Financial institutions that employ investment advisers to manage client portfolios and regulatory authorities that monitor those advisers have not fully...