Fraud Investigations

 

Fraud Investigations Have Included Ponzi and Boiler Room fraud namely:

  • The investigation of a $30 million fraud in Sydney, this fraud operation being a fraudulent equities and futures trading operation. This also promised high returns approaching 100% return. This involved extensive inquiries with receivers and bankers to gather information establishing clearly what had occurred.

 

  • Recovery of $900,000 of a $1.25 million corporate fraud perpetrated in Wellington. The recovery was achieved through negotiations with the offender and liquidation of assets.

 

  • A fleeing offender involved in fraud upon finance companies was tracked through Australia and subsequently interviewed in South Australia. By negotiation, 90% of the funds lost were repatriated to the victim financial entity within three days of the loss being disclosed.

 

  • Warden Consulting personnel were deployed on the investigation of a USD500 million loss on a Swiss bank. This involved steps in Thailand, Malaysia, Switzerland and London. It resulted in a successful negotiated recovery and the subsequent arrest of the offender.

 

  • Giving advice in terms of international fraud mitigation which involved liaising with financial entities in Geneva, Switzerland, examining proposals and providing appropriate advice.

Warden Consulting has been involved in the investigation of domestic and international fraud cases over the last 15 years with losses to clients totalling in excess of NZ$2 billion. Funds have been recovered and bank accounts frozen in New Zealand, Australia, United States, Austria, Switzerland and Hungary.

The company has conducted investigations regarding domestic frauds totalling millions which have resulted in the successful granting of Mareva Injunctions by the Auckland High Court.

Senior defence counsel have referred to Warden Consulting to undertake inquiries in significant Serious Fraud Office prosecutions.

See Case Studies


I have dealt with Warden Consulting and Mark van Leewarden over the past five years during my time as a member of the committee representing over 322 investors who lost funds in a USD100 million boiler room fraud. Mark’s extensive background and experience enabled him firstly to undertake inquiries with the relevant worldwide regulatory authorities, including the Vienna Police and the Budapest Organised Crime Unit, and secondly to deal with the various legal and banking jurisdictions in Switzerland and the United States to swiftly freeze funds in both countries. I would highly recommend the services of Warden Consulting.

DICK KARREMAN
The Karreman Group, Queensland
Owner Glenfern Park, Victoria, Australia
Owner The Oaks, Cambridge, New Zealand