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Starting with business and corporate background checks could provide us knowledge of the company’s history including management background, related vendors, sales, net worth, and number of employees, also previous lawsuits, and changes in ownership, mergers and acquisitions if any. We possessed the information regarding Excursion Airline’s background including the place they were operated, their specialization, the one who in charge of the company, and the financial information from 2006 to 2009.

Also, we also conducted individual background checks with the ones who could be likely to get involved with potential fraudulent activity in the company. The chart above shows that the people who were taking responsibility for the company of the time period that we conducted investigation. It shall provide the information regarding the public information such as address, phone, as well as personal information such as criminal records, arrests, convictions, driving records, vehicle registration, or even their family relationships, relatives, and friends, which could help on detecting the fraud when specific person get involved in illegal behaviors.

Moreover, document examination, which should be considered as the most effective one for investigation process. We examined Excursion Airline’s financial statements, especially the income statement, we compared the earning and expenses across the four-year-period, to figure out the reason that caused a nosedive in 2009 while its business was expanding.

Also, we examined the contact services of Excursion, as well as the maintenance services, we checked its vendors, the invoices number, amount, and see if any red flags there. In addition, we reviewed the copy of invoices which seemed like problematic from Syntech Systems, as the invoices from Syntech Systems seems to be problematic, we did company research for Syntech System, of the company history, the person in charge and its services provided. Also, we asked the...