FSG FORENSIC INVESTIGATORS & AUDITORS | TRACERS | RISK MANAGERS |
SA's national litigation, corporate & government private intelligence, private/forensic investigation/auditing, loss & risk management specialists.
One of FSG's areas of specialty is the detection, investigation, prosecution and prevention of so-called WHITE COLLAR CRIME, which can be described as a crime committed by a person of respectability and high social status in the course of his occupation. White collar crime is furthermore characterized by deceit, concealment, and violation of trust, and the fact that committing these crimes is not dependant on the the application or threat/the use of violence. But it is often characterized by collusion and corruption. White collar crime often overlaps with COMMERCIAL and CORPORATE crime (including various criminal offences defined by statute) because the opportunities to commit crimes like fraud, bribery, insider trading, embezzlement, computer crime, copyright infringement, money laundering, identity theft, forgery, statutory offences, etc, are more available to white-collar employees. However, white collar crime also includes many FINANCIAL CRIMES that are not necessarily perpetrated by white-collar employees. Consequently FSG views white collar crime, commercial crime, corporate crime and financial crime (specifically instances that include COLLUSION, BRIBERY and CORRUPTION) jointly as one category of criminal activity, which we label FINANCIAL CRIME & CORRUPTION - the investigation of which forms a substantial component of what we do as the investigative resource of THE PUBLIC PROTECTOR.
The detection, investigation, prosecution and prevention of FINANCIAL CRIME & CORRUPTION is a particular area of INTEREST and EXPERTISE of FSG.
The detection, investigation, prosecution and prevention of CORRUPTION (which always involves COLLUSION) is of unique interest to FSG - because it is so rampant in South Africa and Africa, and because it has such an overwhelming negative impact on government to deliver services where they are most needed (ie. by disadvantaged South Africans). The result of CORRUPTION is that government pays far more for products and services than is necessary because all who are involved in the supply chain - from the politicians who conceptualize a project to the civil servants who execute it, to the service provider that wins the tender to perform the work/supply the goods, to the sub-contractors who actually perform the work on the ground - make provision to benefit personally from a particular transaction. FSG, for example, was recently instructed in a matter where a stretch of road for which the contractor who did the work billed a profitable R 60 million in fact cost government some R 105 million! In this single transaction the actual cost of the work was inflated by R 45 million (or some 40%) to make provision for a bunch of crooked civil servants, politicians and business persons to line their pockets! Put in context, R 45 million could finance an RDP housing project consisting of some 700 houses!
FSG's UNIQUE INTEREST in the detection, investigation, prosecution and prevention of CORRUPTION in particular stems from two things:
It is a core objective of FSG to become the national, foremost outsourced forensic investigation and auditing service provider to government and state-owned enterprises to detect, investigate, prosecute and prevent corruption and financial crimes; an objective that we have invested several million rand to achieve, and an objective that has started to find expression in reality.
We have the knowledge, expertise, experience, resources, physical footprint and the B-BBEE credentials to qualify for consideration. Since FSG's national expansion that commenced in 2007, we have been gearing FSG to be in a position to render precisely the kind of specialist forensic investigation, audit and risk management-related services that are required to combat the scourge of corruption and manage the risk of the opportunity for corrupt practices. Given the extent of corruption and the extent of so-called TENDERPRENEURSHIP there is a tremendous demand for service providers who can detect, investigate and successfully prosecute corruption, and for service providers who have the capacity and skill to introduce sustainable mechanisms to prevent the further occurrence of corrupt practices. While government has made significant strides to deal with these problems there remains a huge lack of capacity to do so.
Our work in this area is highly confidential such that we cannot openly publish the identity of our clients or any of our successes, but if you are a politician/civil servant/a person employed in Supply Chain Management in a government structure or a government/state-owned enterprise, or a an entity that conducts business with government, click HERE TO EMAIL OUR CEO DIRECTLY if you require further information about, or assistance with, the detection, investigation, prosecution or prevention of FINANCIAL CRIME & CORRUPTION (including the lies of tender or procurement irregularities, nepotism, abuse of power by politicians or civil servants, etc.).This platform is inadequate to give full expression to the resources, infrastructure, networks, tools, strategies, mechanisms and methodologies that FSG has amassed to detect, investigate, prosecute and prevent FINANCIAL CRIME & CORRUPTION. For the purposes of this webpage it shall have to suffice to state that:
An additional comment is relevant. It is not our place to replace
government/state-mandated policing, investigation and prosecutorial
authorities tasked with the detection, investigation, prosecution and prevention of
FINANCIAL CRIME & CORRUPTION. Instead, our role is to work with such structures, to
support such structures and to transfer of skills
to such structures. (This 'transfer of skills' is a recurrent theme in
the delivery of our services, and it is inherent to the manner in which
we give expression to our obligation to corporate social
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