Alecia Futerman

Examples of Alecia’s professional experience include:

Regulatory Investigations

• Provided forensic accounting analysis to a senior board member of a listed company, following its high-profile collapse amid allegations of mismanagement. Assisted in preparation for interviews with a Parliamentary Select Committee and various regulators by reviewing historic data and undertaking financial analysis, and considering the decision-making capacity of the directors of the company in the lead up to insolvency.
• An investigation on behalf of listed European Fintech, Wirecard, prior to its collapse. This followed allegations of fraud and corrupt activities, including related party transactions, use of shell corporations, revenue recognition, and financial misstatement across their business. Provided investigative support alongside the company’s legal advisors and assisted them with reporting obligations to enforcement agencies.
• Worked with the external counsel of a global technology company to investigate and report on allegations of bribery and corruption across their business in South Africa. Findings and analysis were used in self-reporting to the U.S. Department of Justice.
• Led the review of accounting systems and financial data in a bribery and corruption investigation for a UK-based construction firm. The analysis was prepared for law enforcement and counsel, with a view to make disclosure to the Crown Prosecution Services.
• Investigated the collapse of a financial institution on behalf of an East African Central Bank, following allegations of fraud, mismanagement, and breaches of fiduciary duties. The investigation findings have been relied upon in numerous civil and criminal proceedings.

Corporate Compliance and Internal Fraud Investigations

• Led the global compliance audit program on the members of an organization responsible for supply chain reporting, with the majority of member audits being undertaken in India, China, Turkey, and the UK. Further engaged to provide advisory services to support internal policies review and improvement.
• Managed the compliance review program of vendors, suppliers, and channel partners (up to 50 third parties on an annual basis) across Europe, the Middle East, and Africa for a global software company.
• Led the accounting review into a number of third-party contracts executed by a UK government department to determine any areas of potential overcharging or error. The work included analysis and assessment of significant volumes of financial data to understand the client’s position in advance of commercial negotiation with a view to recover funds from the suppliers.
• Led an email forensics investigation into the Turkish warehouse and distribution center of a multinational confectionary company amidst allegations of conflicts of interest and bribery.

Sports Advisory

• Gave expert evidence in proceedings before the Court of Arbitration for Sport. The hearing related to an investigation into alleged corruption by a senior elected official. The results of the initial disciplinary hearing run by the sports federation, being a fine and two-year suspension from the sport, were upheld.
• Provided forensics support to Jonathan Brown, as the independent expert appointed by the Premier League in relation to alleged breaches of its Profit and Sustainability Rules by member clubs, Everton FC and Nottingham Forest FC. Analysis and findings were used in evidence given to the Premier League’s independent commission.
• Over a number of years, led the project management, delivery, and quality review of compliance reviews for a global sports federation, spanning five continents. The compliance review program included multiple on-site visits globally as well as remote reviews when COVID-19 restricted travel.
• Conducted a review at a sports club to determine compliance with a regulator’s financial sustainability regulations. The review included detailed analysis of the club’s financial statements and a forensic assessment of accounting treatments applied for key revenue and expenses in comparison to accounting standards.
• Provided risk advisory services to newly appointed leadership at a sports association in South America. In addition to conducting a comprehensive risk assessment, undertook a review of historic transactions which identified a fraudulent scheme involving payments made to a series of shell companies. Supported in disciplinary hearings against a former official, resulting in a fine and five-year ban from the sport for financial corruption.