Case Studies

A family-owned company, ranked among Turkey’s top 100 industrial firms, reached out to Cerebra. The company’s shareholders suspected that the senior executive in charge of international sales was involved in fraudulent activities related to discounts on significant transactions and requested Cerebra to investigate these suspicions. 

Our client, a supplier to globally recognized textile brands in Turkey, reported suspicions regarding the activities of their administrative affairs officer. In the defense statement obtained in this context, the suspect admitted to irregularities in the sale of two company vehicles and falsifying with some offers and invoices.

A multinational company with production facilities and sales offices across several continents contacted us through a Turkish law firm they collaborate with, to investigate suspicions about a sales manager working at their Turkish office. The suspicion was a possible hidden relationship between the sales manager and one of the company’s customers. 

Our client, one of Turkey’s leading real estate investment companies, suspected an employee in the accounting and administrative affairs department of committing irregularities on reported expenses. Cerebra was assigned to investigate these suspicions. 

In a high-profile case known to the public as the Seçil Erzan incident, the law firm representing one of the bank customers (client or plaintiff) contacted Cerebra to request a forensic accounting analysis of the plaintiff’s account transactions, including an analysis of transactions in all foreign currencies, and to uncover any potential suspicious activities. 

Our client, a multinational food company, contacted Cerebra through their law firm in Turkey. The client suspected that their sales manager in Turkey had secretly established a firm with a distributor and was diverting company sales to this new entity. They requested Cerebra to calculate the potential loss caused by these suspicious activities.

A multinational energy company (the client) was concerned about the costs of services received from a supplier for a critical project managed by its Turkish subsidiary (the victim company). The client requested Cerebra to investigate the reasons for this budget overrun and the suspicions surrounding the general manager, financial affairs manager, and accounting manager of the victim company, as well as the supplier. 

Our Client, a local startup developing innovative solutions to the smart parking and charging network problems faced by micro mobility, was acquired in 2022 by an American company providing cloud-based software infrastructure for micro mobility vehicles.

Our client was managing the subsidiaries of a fund (Fund) that were established in Turkey. These subsidiaries consisted of two shopping malls in two different cities, a residence project and several companies holding land in their assets.

A French company, one of the world’s leading road operating companies, established a company (“Company”) in Turkey in 2012 to carry out the operation and maintenance works of one of Turkey’s leading tunnels.