Overview

A large, listed company discovered that the CEO of one of its subsidiaries had been stealing money for a long period of time. The money was hidden, and the company needed assistance to locate and recover the funds. They called upon a negotiator to help them resolve the situation.

 

 

Challenges
The main challenge was to locate the hidden funds or assets and recover as much of the money as possible. Additionally, the negotiator had to work quickly to ensure that the company’s losses were minimised and also to prevent the assets or funds from being disposed of. The negotiator had to ensure that the severity of the situation as well as the importance of cooperation was understood by the embezzler.

 

Solutions
The negotiator used their skills to establish trust and create a dialogue with the embezzling CEO, working to understand the situation and the extent of the fraud. Through the negotiation process, the negotiator was able to gather information on the hidden funds, including where they were located and how they had been hidden. The negotiator was also able to assist the company in recovering the funds, which helped to reduce their losses.

 

Results
Thanks to the negotiator’s assistance and ability to effectively communicate and strategise, the company was able to recover a significant portion of the stolen funds. The use of a negotiator helped to minimise the losses suffered by the company and allowed them to recover funds that may have been lost without their assistance.

 

Conclusion
The situation with the CEO stealing funds was a difficult one. However, the company was able to recover a significant amount of the stolen funds through the use of a skilled negotiator. The negotiator was able to create a dialogue with the embezzling CEO, establish trust in order to gather information on the hidden funds, and assist the company in recovering the stolen money.

 

The situation highlights the importance of having skilled negotiators who can help recover assets and minimise losses in difficult situations, where the funds may have never been disclosed.