Case Studies

Real examples of our forensic accounting expertise and successful outcomes

Our Track Record

Demonstrating excellence through successful investigations and client outcomes

50+

Cases Completed

Successfully resolved fraud investigations and financial disputes

₦2B+

Assets Recovered

Total value of assets recovered for our clients

98%

Success Rate

Percentage of cases with favorable outcomes for clients

Featured Case Studies

Detailed examples of our forensic accounting investigations

*All case studies have been anonymized to protect client confidentiality

Investigative Accounting

Major Banking Fraud Investigation

Uncovering a ₦500M embezzlement scheme at a regional commercial bank

The Challenge

A regional commercial bank suspected internal fraud after discovering unexplained discrepancies in their loan portfolio. Initial internal audits failed to identify the source of the missing funds, and management needed expert forensic accounting assistance to uncover the truth.

Our Approach
  • Comprehensive analysis of loan documentation and approval processes
  • Digital forensics examination of computer systems and email communications
  • Interview of key personnel and stakeholders
  • Reconstruction of financial transactions over a 3-year period
  • Asset tracing to identify diverted funds
The Outcome

Our investigation revealed a sophisticated embezzlement scheme involving three senior employees who had created fictitious loan accounts and diverted funds to personal accounts. We successfully traced ₦450M of the missing funds and provided evidence that led to criminal prosecution and asset recovery.

Case Highlights

Industry:
Banking & Finance
Investigation Period:
6 months
Amount Involved:
₦500 million
Recovery Rate:
90% (₦450M)
Services Provided:
• Forensic Investigation
• Asset Tracing
• Expert Testimony
• Recovery Assistance
Litigation Support

Commercial Dispute Damage Assessment

Calculating economic damages in a ₦200M breach of contract case

The Challenge

A manufacturing company was involved in a complex commercial dispute with a former business partner who allegedly breached their distribution agreement. The client needed expert analysis to quantify the economic damages resulting from the breach and lost business opportunities.

Our Approach
  • Analysis of historical financial performance and projections
  • Market research and industry benchmarking
  • Lost profits calculation using multiple valuation methods
  • Assessment of mitigation efforts and alternative opportunities
  • Preparation of expert witness testimony and reports
The Outcome

Our comprehensive damage analysis supported the client's claim for ₦180M in economic damages. Our expert testimony was instrumental in achieving a favorable settlement of ₦150M, avoiding lengthy court proceedings and providing the client with substantial compensation for their losses.

Case Highlights

Industry:
Manufacturing
Case Duration:
8 months
Damages Claimed:
₦200 million
Settlement Amount:
₦150 million
Services Provided:
• Economic Damage Analysis
• Expert Witness Testimony
• Financial Modeling
• Settlement Support
Financial Advisory

Government Agency Fraud Prevention Program

Implementing comprehensive fraud prevention controls for a federal ministry

The Challenge

A federal ministry was experiencing recurring incidents of procurement fraud and needed to implement robust internal controls to prevent future occurrences. They required expert guidance to design and implement a comprehensive fraud prevention program.

Our Approach
  • Comprehensive risk assessment of existing processes
  • Design of internal control frameworks and procedures
  • Development of fraud detection and monitoring systems
  • Staff training on fraud awareness and prevention
  • Implementation of whistleblower programs and reporting mechanisms
The Outcome

The implemented fraud prevention program resulted in a 85% reduction in fraud incidents over the following two years. The ministry also achieved improved compliance with government procurement regulations and enhanced transparency in their operations.

Case Highlights

Industry:
Government/Public Sector
Project Duration:
12 months
Budget Protected:
₦5 billion annually
Fraud Reduction:
85% decrease
Services Provided:
• Risk Assessment
• Control Design
• Staff Training
• System Implementation
Insurance Investigation

Insurance Fraud Investigation

Exposing a ₦75M fraudulent insurance claim scheme

The Challenge

An insurance company suspected fraudulent activity in a series of related claims totaling ₦75M. The claims involved alleged business interruption losses from a fire incident, but inconsistencies in the documentation raised red flags requiring professional investigation.

Our Approach
  • Detailed analysis of financial records before and after the incident
  • Verification of business operations and revenue claims
  • Investigation of related party transactions and relationships
  • Collaboration with fire investigation experts and law enforcement
  • Financial reconstruction to determine actual losses
The Outcome

Our investigation revealed that the claimant had significantly inflated their business revenue and losses. The actual legitimate claim was determined to be ₦15M, saving the insurance company ₦60M. The evidence we provided led to the denial of the fraudulent portions of the claim and criminal charges against the perpetrators.

Case Highlights

Industry:
Insurance
Investigation Period:
4 months
Claimed Amount:
₦75 million
Amount Saved:
₦60 million
Services Provided:
• Claims Investigation
• Financial Analysis
• Expert Testimony
• Loss Quantification

Industries We've Served

Our expertise spans across multiple sectors

Banking & Finance

15+ cases involving fraud investigation, regulatory compliance, and risk assessment

Government

12+ public sector engagements including procurement fraud and compliance auditing

Insurance

8+ insurance fraud investigations and claims verification projects

Corporate

20+ corporate investigations including internal fraud and litigation support

What Our Clients Say

Feedback from satisfied clients across our case portfolio

"YUSALH's forensic investigation saved our bank millions of naira and helped us implement better controls. Their professionalism and attention to detail were exceptional."

Chief Risk Officer
Regional Commercial Bank

"The expert testimony provided by YUSALH was crucial to our case success. Their damage calculations were thorough and well-supported, leading to a favorable settlement."

Senior Partner
Commercial Law Firm

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