Asset Tracing and Lifestyle Audits
A lifestyle audit compares the known income of an individual with their standard of living. Any gaps / indicators, that the individual may be living beyond their means, will be identified.
According to the Association of Certified Fraud Examiners, any recipient of funds (whether honest or suspect) has only four ways of disposing of income: save it, buy assets, pay off debts, or spend it.
As part of our background research we look at the following:
- Directorship in Legal Entities;
- Movable Assets;
- Fixed Assets;
- Financial Background Check regarding judgments, defaults, debt review, etc;
- Consumer Enquiries.