"There are risks and costs to any program of action. But they are far less than the long-range risks and costs of comfortable inaction."
John Fitzgerald Kennedy
Although Luxembourg is a highly regulated and politically stable country, fraudsters are usually where you least expect them. At a time when fraud, corporate responsibility regulations and deterrent measures are being reinforced, fraud can have a dramatic impact on businesses. It can damage business reputation; result in high penalties, a suspension of the right to do business, private law suits and disruptions of business.
When financial crime of fraud occurs in companies, those charged with governance are faced with issues which differ from those they are used to handle.
Our team can help you anticipate fraud and prevent a crisis or be by your side to find out what really is happening when you suspect the worst. Our forensic investigators, accounting professionals, computer forensic specialists, engineers and other experts can support you in investigating, analysing and resolving a potential crisis as well as preventing a bigger one.
Partner, Forensic Services and Financial Crime Leader, PwC Luxembourg
Tel: +352 49 48 48 4153