ABSTRACT
This chapter provides an internal investigation by fraud examiners in Moldova banks that the National Bank of Moldova initiated. On January 28, 2015, the NBM engaged forensics firm Kroll to conduct a scoping phase of investigation into certain transactions involving Banca de Economii, Banca Sociala, and BC Unibank in Moldova. In 2017, Kroll was again working for the National Bank of Moldova to evidence what caused the three Moldovan banks to collapse, to understand who perpetrated and benefited from the fraud and to support criminal and/or civil proceedings to recover the misappropriated funds. Fraud examiners from Kroll reviewed transactions from 2012 to 2014 in the three Moldovan banks. Furthermore, fraud examiners should have listened to and respected statements from a suspect, since everyone is innocent until proven guilty, and not ignored as seems to be the case by fraud examiners from Kroll.
