Financial fraud investigations are plagued by a critical pain point — massive, unstructured datasets scattered across multiple sources, requiring extensive manual effort to uncover the truth. Investigators, forensic accountants, and legal teams spend 75% of their time simply cleaning and organizing data before they can even begin analyzing it. This inefficiency leads to staggering costs, long investigation timelines, and, in some cases, fraud going undetected.
I know this pain firsthand. For the last 8 years, I’ve been a managing partner at Sedra Global Consultancy, which specializes in debt recovery and investigative financial services. My team and I scoured the market for a tool that could streamline the forensic investigation process — one that could aggregate, structure, and analyze data seamlessly. We found nothing comprehensive. Some tools handled small pieces of the puzzle, but no solution tackled the entire workflow. In fact, when we asked associates in the industry whether they had a good solution, they all said the same thing: Let me know when you find it!
To understand how urgent this challenge has become, as well as the opportunities that exist for litigators in this space, let’s look more closely at the financial crime landscape.
The Global Cost of White-Collar Crime
White-collar crime is one of the most expensive criminal activities in the world, costing an estimated $4.7 trillion annually according to the Association of Certified Fraud Examiners (ACFE). The complexity of financial fraud schemes — ranging from embezzlement and money laundering to Ponzi schemes and procurement fraud — makes investigations time-consuming and costly. And a vast number of crimes go unnoticed until significant financial damage has already occurred.
Procurement and Construction Fraud: A Silent Crisis
Procurement and construction fraud account for massive global losses annually — construction fraud could rise as high as USD $5 trillion by 2030 — with 10% to 30% of project costs lost to corruption, bribery, and fraudulent contracts. These industries are particularly vulnerable due to their complex supply chains, multi-tier subcontracting, and opaque bidding processes. Common schemes include:
- Bid rigging – Manipulating contracts to favor certain companies.
- Overbilling and cost inflation – Charging for nonexistent materials or services.
- Ghost vendors – Fake suppliers funneling funds to fraudulent entities.
- Kickbacks – Bribes exchanged for securing contracts.
Despite the staggering losses, traditional fraud detection methods remain inadequate due to the volume of data and the sophisticated tactics used to obscure fraudulent transactions.
The Sedra Solution: Redefining Fraud Investigations
After we came up empty-handed at the end of our search, we decided to build the solution ourselves, and Sedra Solutions was born. Sedra Solutions transforms the investigation process by leveraging advanced technology, including AI and machine learning, to analyze vast amounts of structured and unstructured data efficiently. Our platform eliminates inefficiencies, reducing time spent on data wrangling and allowing investigators to focus on detecting fraud rather than preparing data.
In just three years, Sedra Solutions has already played a pivotal role in uncovering multimillion-dollar financial fraud cases across various jurisdictions. By automating data analysis, we help provide:
✅ Faster investigations – Cutting data processing time by over 70%.
✅ Enhanced fraud detection – Identifying anomalies that human analysts might miss.
✅ Cost savings – Reducing the need for large forensic teams and lengthy investigations.
✅ Actionable insights – Presenting complex financial transactions in a clear, digestible format.
Who Needs Sedra Solutions?
Our platform serves a wide range of professionals across industries, including:
- Law firms – Handling white-collar crime cases, fraud litigation, and high-value divorce settlements.
- Forensic accountants & investigators – Uncovering hidden financial misconduct.
- General counsels & compliance teams – Conducting internal reviews, due diligence, and M&A investigations.
- Liquidators & bankruptcy professionals – Understanding financial discrepancies in insolvency cases.
- Government agencies – Investigating corruption, money laundering, and procurement fraud.
The use cases are limitless — wherever financial crime exists, Sedra Solutions provides clarity, efficiency, and results.
The Road Ahead
Financial criminals continuously find better ways to cover their tracks, and yesterday’s tactics for fighting financial crime simply don’t work anymore. Sedra Solutions is at the forefront of this revolution. We use AI to analyze and identify connections among people and accounts. And we provide an easy-to-use dashboard that helps you visualize the flow of money in seconds. Our complete platform gives you everything you need to streamline investigations and save a tremendous amount of time and money. We are not just improving investigations—we are redefining them.
Analyze. Detect. Recover. That is the Sedra promise.
To see our solution in action, just fill out this form, and we will be happy to give you a demo of our platform and answer your questions.