Business and Corporate Investigations

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Business and Corporate Investigations

Business and corporate security and intelligence forms a large part of our business. Corporate investigations can include but is not limited to worker’s compensation, accident and arson investigations, frauds (including medical and corporate fraud), theft of products or services, undercover investigation, product liability, wrongful injury investigations, pre employment and background verifications. document / data analysis and forensic accounting and, repossessions and collections and process services.

Let us go through some of our vital services in more detail so that you can understand what keeps us in the good books of some of the most respected and successful corporate houses and business enterprises 🙂

Insurance Investigations

Research world over indicated that after tax evasion, fraud is the most costly white-collar crime. Things in India are no different. Fraud not only costs Insurance companies and businesses but also you because a portion of the costs are passed on to the consumers of Insurance companies. Atleast 10 % of all property and casualty insurance claims are filed incorrectly with intent to defraud. So who commits insurance fraud?

  • Unscrupulous repair shops, contractors and individuals.
  • Dishonest lawyers, doctors, dentists and other professionals.
  • Organised mafias dedicated to sophisticated large-scale fraud running into crores of rupees.
  • Individuals who add or pad up their claims.

Insurance Overview

fraud investigators mumbaiAn Insurance is a contract between the insured who agrees to pay for services and the insurer who agrees to pay for certain losses that may be incurred by the insured. There are two very different categories of insurance: Government Insurance and Private Insurance which are then divided into industries. Government Insurance can be divided into compulsary and voluntary while private insurance is divided into 4 sectors: casualty, fire, life and marine.

Government Compulsory Insurance can be:

  • Unemployment benefits
  • Social Security benefits
  • Worker’s compensation

Government Voluntary Insurance examples:

  • Savings, loan and bank depositor insurance
  • Federal crop insurance
  • Military personnel insurance
  • Flood Insurance

Private insurance is voluntary except for the compulsory automobile insurance required on all drivers in most states in India. There are many different types of private insurance but some of the more basic types are listed below:

Basic Types of Private Insurance

  • Life
  • Home
  • Rental
  • Automobile
  • Health and medical
  • Specialty insurance

It is important for every insurance investigator in our team to be familiar with the appropriate terms in order to work in the insurance industry.

Personal Injury Investigations

detectives for investigating fraud indiaPersonal Injury Cases can prove costly for both businesses and individuals. Injuries that are legitimate and which are caused by the negligent attitude of businesses are needless tragedies and it is the duty of business establishments to recompense the injured person adequately. But sometimes, unscrupulous create fake accidents and then try to sue businesses in order to extract money and hope for out-of-court settlements. These conmen and conwomen take advantage of the fact that many if not all companies find that it is less time consuming and much less expensive to pay someone who is threatening a law suit than go to court.

The Slip and Fall Artist

The fact that companies continue to dole out payouts with little investigation into the alleged injury is unfortunate because it encourages a larcenous individual to try for his / her piece of the personal injury pie. One especially notorious type of con artist who falls in this category is the slip and fall artist. This person creates the pretense of falling and being injured due to negligence on behalf of a business.

For example, Mr. Slippery Feet enters a supermarket, waits until no one is watching, breaks a bottle on the store’s shelf and then pretends to slip on the bottle’s spilled contents! These people have also been known to bring their own water, oil or similar liquid, pour it on the floor of a business and then pretend that they had a fall. Unless there are witnesses or surveillance cameras, it is quite difficult to prove this con. Those who an ample amount of CCTV cameras on their premises can usually catch this con.

Red Alert

It is a fact though that most stores and businesses do not have an adequate CCTV camera surveillance system in their premises. The professional and seasoned slip and fall artist knows how to con the system and knows where to find holes within which he / she can operate. Which is why a visible camera system is inadequate. One must also add hidden cameras thus catching the con artist operating where he / she feels unobserved.

Private detectives are usually hired to film the claimant’s daily activities in the hopes of proving the fraud. If the claimant is seen to be playing cricket or doing physical activity unhampered by the so-called injury, there goes the suit down the drain! Also we as the top private investigators in India, specialise in installing hidden camera systems. Hidden camera systems can help prevent slip and fall fraud as well as shoplifting. Cameras can also be installed by us to guard against employee theft.

I hope this article has whetted your appetite for understanding more about the business of a modern day private investigator. In my next article I will touch upon the widespread phenomenon of Medical Fraud.

Author Bio

Amit Sen is the founding partner of Alliance One – who are among the best detective agencies in Mumbai specializing in providing thorough pre marital investigation services among other private and corporate investigation services. Amit is also a trained pilot and an aviator and likes to remain grounded on the days when he is not flying high.


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