When internal fraud or compliance breaches are suspected, conducting a timely and lawful investigation is essential. Mishandling an internal review can increase legal exposure or damage your company’s reputation.

Steps for Effective Internal Investigations:

• Engage Legal Counsel Early: They ensure privilege and protect the integrity of the process.

• Define the Scope: Know what’s being investigated and who’s involved.

• Collect & Preserve Evidence: Digital records, emails, financial data.

• Interview Key Personnel: Maintain confidentiality and document everything.

• Report & Remediate: Take corrective actions and report externally if required.

Handled well, internal investigations not only resolve the immediate issue — they reinforce a culture of integrity.