Wednesday, March 25, 2015

Efficient Asset Investigations: Common Ways Debtors Hide Their Assets

From large companies to private individuals, debtors file for bankruptcy when they no longer have enough financial means to repay their creditors. With the bankruptcy law, federal trustees may now use the debtors’ declared assets or properties to reduce or eliminate their debts over a period of time. In the U.S., filing for bankruptcy have five forms with Chapter 7 and Chapter 13 having the most petitions. The prospect of being able to keep their various assets tempt debtors to commit fraud in their declarations, which could, upon discovery, lead to criminal charges. This is why creditors and reputable law firms often seek the services of private investigators from established companies like Phenix Investigations Inc. to conduct efficient asset investigations so as to uncover hidden assets. Sought-after investigators from these firms have years of experience in helping their clients achieve complete and accurate information.

Monday, March 23, 2015

Surveillance Investigations—Proving Insurance Fraud with Solid Proof

An estimated $80 billion is paid out in fraudulent insurance claims annually, according to the Coalition Against Insurance Fraud. The high rate of insurance fraud has made companies more cautious when paying claims. This is not only harmful for insurance companies, but to everyone who buys insurance as well. An investigation is initiated when there is a suspected fraud that is prompted by a suspicious case, such as if there is key information missing, or some statements don’t add up. If the result of the investigation reveals that there is indeed fraudulent activity taking place, the claimant could be facing serious penalties. Companies that sense as though an insurance fraud is being committed by an individual or two should hire a surveillance investigations service as soon as possible to prevent any further losses or damage.

Saturday, March 21, 2015

Hiring a Corporate Investigations Company for Cases of Employee Theft

The fact that owners do not report the thefts is a problem in itself. This would not discourage the employees and they are likely to repeat what they have done. It was said that most of the thefts involved employees who have been doing it over a period of time. To root them out, business owners should hire a corporate investigations company to identify these employees and put an end to the thefts. Employee theft can greatly increase company costs. A good way to prevent thefts is by creating an environment where such actions will be taken seriously and would have serious consequences. Of course, it can’t be helped if there are really some employees who are keen on breaking the rules, but the cases can be lessened with proper guidelines. There will be times, however, when an investigation is necessary in order to weed out the bad apples.

Thursday, March 19, 2015

Expert Private Investigations Help Identify and Prosecute Stalkers

Understand that your personal safety is being threatened, so it would be wise to heighten your guard. This may include changing daily routines, arranging for a different place to stay, investing in additional security features for your home, and making it difficult for the perpetrator to contact you through every conceivable means. On your person, you can also arm yourself with self-defense articles like a pepper spray or stun gun. Lastly, keep your friends and family informed. They may offer invaluable help in identifying your stalker. Ask them to inform you immediately if they spot the perpetrator trying to get close to you. They can work in coordination with the expert private investigator services you hire.