Global People Tracing

Global People Tracing

We were engaged by a multinational legal firm to assist with global people tracing those wanted in connection with a multi-billion Euro fraud against the German government.

The information provided for each individual was minimal, dated back several years and involved traces in: Australia, Dubai, Germany, Ireland, Switzerland and the UK. The turnaround time was incredibly tight, as the case had been running for a number of years and there was a fast expiring deadline for serving the Subjects.

Outcome

We commenced our search using OSINT (open source intelligence), however; whereas this provided partial indicators for some of the Subjects, we had to progress almost immediately with the conduct of HUMINT (human source intelligence) enquiries and more traditional techniques such as: visiting last known addresses, known acquaintances and employers. One individual in particular had gone to great lengths to conceal his whereabouts, however; we were able to track one of his private planes to an airport in the Middle East and then obtain a copy of the aircraft registration certificate which listed his address.

We successfully traced every subject within time and added another very impressed client to our personal contacts.

Working with Matrix Intelligence

At Matrix we understand the difference between intelligence and evidence required for use in a Court of Law and have extensive knowledge of the legal system, enforcement regimes and cultural practices within those jurisdictions most commonly associated with hidden assets.

Please contact us directly for more information regarding our cross-border investigations, global people tracing capabilities and bespoke services.


Fraud Investigation

Fraud Investigation

We were engaged by a New York based lawyer to assist with a fraud investigation against a Russian Citizen. The fraud was committed in America and it was believed the suspect subsequently moved to the UK.

The nature of the fraud investigation was very niche and our sole task was to obtain a copy of the Subject’s signature, so that our client could verify whether or not it matched the signature on a document in their possession.

Outcome

We traced the individual to the UK, however; there was no lead which could plausibly take us towards obtaining a copy of their signature. We therefore switched focus and conducted enquiries in Russia. We briefed a trusted source with whom we work and we discussed the methods by which a copy of the Subject’s signature could legitimately be obtained through publicly accessible documentation.

Our source conducted multiple local enquiries in Moscow and was able to secure a copy of the Subject’s signature on official documentation. Comparative analysis verified that the signature was indeed the same and their enabled our client to proceed with a prosecution against them.

Working with Matrix Intelligence

Matrix Intelligence are regularly engaged by legal firms, litigation funders and HNWs to undertake risk analysis, due diligence and pre-litigation profiling to ascertain an individual’s: estimated wealth, background, corporate affiliations and discover any reputational red flags. Experts in this field, with over a decade’s experience, we are perfectly placed to advise and assist with high-end disputes and litigation.


KYC Checks

KYC And Red Flag Reports On UK Borrowers

Matrix Intelligence are regularly tasked by a UK-based Bridging Finance Company to conduct bespoke pre-transactional KYC checks / Red Flag Reports on potential borrowers.

To satisfy our Client’s requirements, we conduct Open Source research to ascertain the profile of the Borrowers and their affiliated companies; with particular focus on potential or active litigation (both criminal and civil). Our aim in doing so is to identify any Red Flags, authenticate provided documentation and inform our Client of any risks they may be facing.

The scope of our report includes:

  • Passport and ID Verification (including global ID and address confirmation).
  • Confirmation of property ownership.
  • Compliance and financial checks.
  • Civil litigation, criminal & court searches.
  • Corporate affiliations & red flags.
  • International fraud / sanctions.
  • Email verification & fraud check.
  • Risk profiling/adverse media search.
  • Searches are conducted in the UK & any other specified jurisdictions.

Outcome

Our reports enable our Client to make informed decisions on potential borrowers and mitigate their exposure to potential reputational damage and financial losses at a very early stage.

Working with Matrix Intelligence

Matrix Intelligence undertake risk analysis, KYC and pre-transactional Due Diligence investigations prior to acquisitions, joint ventures or investments. Ideally, we are engaged at an early stage before legal costs and other professional fees are incurred; as this will mitigate the impact if adverse legal, financial or operational issues come to light.

We provide detailed and cost-effective reports, prepared by a team of specialists, to enable our clients to make informed and timely commercial decisions.

To discuss our KYC / Red Flag Report checks, please contact our London office on +44 (0) 203 873 1089, send us an email to info@matrix-intelligence.com or visit our website at www.matrix-intelligence.com.


Nigeria Asset Tracing

Nigeria, U.K. & U.S Asset Tracing

We were tasked to conduct asset tracing in Nigeria on an individual who, amongst other things, had been involved in an arms scandal and had run up several million pounds worth of debts.

The IP we were working for had limited funds to conduct an investigation, so we worked with them to agree a prioritised and sequenced approach to our investigation, so that it could be broken down into affordable phases.

Outcome

Our preliminary scoping identified three jurisdictions of interest; Nigeria, the U.K and the U.S. We identified links to two properties and over twenty potential corporate affiliations in Nigeria, ten corporate affiliations in the U.K. and a link to a property in the U.S. We also identified multiple links to properties in his daughter’s names, but the IP did not have the authority to pursue these.

Based on the cost of conducting investigations in each country and the ease of enforceability, we first focused on the property in the U.S. and were able to prove sole ownership of a USD $1.4m property in Washington DC. Having identified sufficient funds to ensure that the IP would recover their costs, we were then given the green light to commence investigations in Nigeria.

Although the ownership of the two linked properties proved to be opaque and many of the linked companies were insolvent, we did identify majority ownership of one company which was trading profitably and had assets of approximately USD $3m.

Asset Tracing in Nigeria with Matrix Intelligence

Prior to informing your legal team, the police and/or regulatory authorities, it is often beneficial to first understand what exactly you are dealing with. You can then make an informed decision as to how best to proceed.

Matrix Intelligence are specialists in conducting sensitive and discreet Asset Tracing, learn more about our service here. Please contact us with any further queries.


covert surveillance

Covert & Investigative Surveillance

We were engaged by a FTSE 250 financial institution who wished us to trace the whereabouts of one of their employees using covert & investigative surveillance. The individual was as a senior Executive Director who had effectively disappeared for a number of days without explanation and ceased communicating.

Aside from his personal well-being, they were concerned that he was in possession of highly sensitive information pertaining to a large ongoing trade.

Outcome

Utilising traditional investigative means, we quickly located the subject in a Monaco hotel. The client then requested that we monitor and assess his movements over a 5-day period.

During this period, we were able to ascertain and evidence to the client, that the subject conducted several meetings with one of their main competitors. Furthermore, we discovered that he was divulging confidential and sensitive information, in clear breach of his contract, in an attempt to secure employment with the rival firm.

Our evidence was passed back to the client and their solicitors instigated legal proceedings, which resulted in the company salvaging the ongoing trade and avoiding potential reputational damage.

Working with Matrix Intelligence

Surveillance is an extremely effective and timely method of uncovering evidence to support any investigation; whether it is employed as a means of assisting with a matrimonial dispute, uncovering hidden assets or seeking evidence of internal fraud.

At Matrix, we employ some of the most highly trained former government operatives and can deploy former police trained surveillance operatives at short notice, and we are specialists in conducting sensitive and discreet investigations.

Please contact us with any queries regarding our covert and investigative surveillance service.


Pre-Litigation Report

Pre-Litigation Report & Support

We were engaged by a client to conduct a Pre-Litigation report on a Chinese debtor who resided in the UK; specifically ascertaining their current whereabouts and assets.

They had entered into a loan agreement with our client for the sum of GBP 10,000 and subsequently defaulted.

It was not possible to trace the debtor with the precise information provided by the client, however; using variants of the Subjects surname, we were able to positively identify them and their current whereabouts.

Outcome

Our investigation revealed that the subject had one potential asset charged by a lender, one Unilateral Notice Charging Order issued by Central London County Court and three unsatisfied monetary judgements totalling nearly GBP 70,000.

Based on the Intelligence that we established, our Client was able to make an informed decision as to whether to issue proceedings, obtain a judgment and join the other charge holders on the property.

Working with Matrix Intelligence

Matrix Intelligence are regularly engaged by legal firms, litigation funders and HNWs to undertake Pre-Litigation profiling to ascertain an individual’s: estimated wealth, background, corporate affiliations and discover any reputational red flags. Experts in this field, with over a decade’s experience, we are perfectly placed to advise and assist with high-end disputes and litigation.


Counterfeiting Investigation

Brand Protection & Counterfeiting Investigation

Matrix Intelligence were engaged by a global tobacco firm to assist with their brand protection strategy and conduct counterfeiting investigation for the presence of counterfeit product within each country they operated.

We targeted Germany, Poland and Sweden and commenced by ascertaining how their clients procured their product. Each country was different, with a mixture of online and over-the-counter purchases and recreational use of their product in specialist cafes.

We devised a blended strategy, which entailed establishing a fake online company to pose as a large buyer on online forums, whilst simultaneously conducting on the ground investigations and discreet site visits to re-sellers within each country. We also spoke with the police and customs authorities in each country.

Outcome

Our investigations enabled us to identify several major suppliers of counterfeit product and track the source of the product back to a tobacco factory in Ukraine. Furthermore, we established that the criminals were managing to circumvent the company’s brand protection measures, because company employees were actively colluding with them.

We produced a detailed report of our findings for the client which enabled them to engage with the authorities in each country to report the criminal activity and also to review the company’s internal protocols to prevent further employee collusion.

Working with Matrix Intelligence

Prior to informing your legal team, the police and/or regulatory authorities, it is often beneficial to first understand what exactly you are dealing with. You can then make an informed decision as to how best to proceed. Immediate financial losses aside, acting quickly is key to minimising any potential reputational damage and/or impact upon your clients or associates.

Matrix Intelligence are specialists in conducting sensitive and discreet counterfeiting investigation. Please contact us with any further queries.


Pre-transactional Due Diligence

Pre-Transactional Due Diligence For Financial Firms

An EAM (External Asset Manager) approached Matrix for pre-transactional due diligence on the basis they had been introduced to an UHNW (Ultra High-Net Worth) individual who wished to set-up a regulated structure as a personal business and have the EAM provide investment services to the respective assets.

There was little information available on the individual himself, however; there was disparaging information on the internet relating to the individual’s family and their business activities. Our client engaged us to investigate the matter further with enhanced due diligence and produce independent reports on the individual, his relationship with his family and their business activities.

Outcome

As it transpired, the final reports did not identify any adverse material on the individual himself, but it did provide further information on potentially significant issues facing his family and their business. Having identified these potential risks, our client was able to put in place processes and procedures for mitigation purposes prior to deciding to progress with the business case.

The compliance folder which we enabled the EAM to compile was sent to other service providers who were subsequently able to make their own assessment of the client and ultimately, accept the business case.

Working with Matrix Intelligence

If you have cause to believe you may have been the victim of Fraud, then Matrix Intelligence can assist. Prior to informing your legal team, the police and/or regulatory authorities, it is essential to first understand how long, widespread and entrenched the activity is. You are then able to make an informed decision as to how best to proceed.

Please contact us with any queries about pre-transactional due diligence.


Financial Fraud

Financial Investment Fraud

Matrix Intelligence were instructed by a Client who suspected that they may have been the victim of an elaborate financial fraud.

The client was approaching retirement, had a comfortable pension provision and investment portfolio and had recently invested funds with a new financial investment company which had promised market-beating rates of return.

Over subsequent months, the client received regular communications illustrating substantial growth and offering opportunities to top-up their investment. The client did so on two further occasions with increasingly larger sums.

Within a few months the investment had grown so large that the client decided to cash-out and realise their profit. It was at this point the client began to suspect that he had been the victim of fraud when the investment company informed them that they could only withdraw their funds if they first invested one final significant sum of money. When the client refused, things turned nasty, with the company starting to use threatening language.

The investment company then claimed that the funds were not held in the UK, as previously stated, but that they were actually in the U.A.E and that because the account was ‘in dispute’, it would be frozen pending an investigation by the Dubai Investment Authority. It was at this point that Matrix Intelligence became involved.

Outcome

We conducted an investigation into the company and key individuals and quickly ascertained that this was an elaborate fraud. They had cloned the website of a legitimate financial firm and setup email accounts which mimicked the originals. By coaching our client and maintaining ongoing communication with the fraudsters, we were able to trace them to an address in the UK and provide a detailed report as to their activities.

The client was unwilling to pursue a prosecution due to the cost of doing so and poor likelihood of recovering their funds, however; they were able to use our report to enable them to write off their investment as a legitimate loss and offset it against their tax liability.

Working with Matrix Intelligence

If you have cause to believe you may have been the victim of Fraud, then Matrix Intelligence can assist. Prior to informing your legal team, the police and/or regulatory authorities, it is essential to first understand how long, widespread and entrenched the activity is. You are then able to make an informed decision as to how best to proceed.