MISSION STATEMENTAIT®’s mission is to fight against financial crime by delivering the technology and expert knowledge
to detect, investigate and permanently dismantle the criminal organization.
Actionable Intelligence Technologies, Inc. | Dulles, Virginia |
Training / Expertise
CFIS™ was designed as a purpose-build financial investigation system for use by law enforcement and regulatory agencies to perform rapid assembly and data capture of voluminous financial records and to automate the analysis of complex investigations for a full range of illicit financial schemes and frauds.
AIT’s Comprehensive Financial Investigative Solution (CFIS™) is currently the standard investigative tool in use by Federal, State and Local law enforcement and regulatory agencies to investigate financial crimes. CFIS™ provides an unprecedented increase in productivity so essential to the financial investigator in the conduct of both large and small investigations involving voluminous financial records.
The CFIS™ has the capability to automatically process paper and electronic financial documents and record data into a comprehensive CFIS™ investigative database. CFIS™ provides comprehensive data analysis, graphic visualization of financial transactional patterns, flow of funds tracing and analysis, and a full range of reporting capabilities.
The use of CFIS™ as an investigative tool will exponentially increase an agency’s ability to conduct large, complex investigations which will significantly increase detection of criminal violations, identification of co-conspirators, additional accounts, and development of investigative leads critical in successful asset forfeiture, arrests and successful prosecutions.
Unfortunately, some users choose to only process statement transactions and dump them to Excel for analysis. This method leaves a great deal of automated analysis unused. Source and Destination Identification, Withdrawal/Deposit Totals, Pivot Tables, Transaction Category Mapping, Category Statistics, Transaction Patterns, Pie Charts, Total Percentages shown on various reports, Source and Use of Funds, Category Totals, Link Analysis Charting, Graphics, Assets linked to statement transactions, Account and Entity Tracking, Account Documents and Case Statistics amongst other reporting capabilities and automatic analytical features have been performed and are waiting for the user to just look at the investigative results.
World Leader in Financial Investigative Technology
202.558.6569 x201 |
MORE ON CFIS™
A technique in vogue as of late is to push all data into a “Big Data” environment for analysis. The primary limitation with this approach is the Big Data is "Dumb" Data. Data has to have validity. Someone, a human, has to still go through the correct processes to validate and normalize data. CFIS™ is the only comprehensive tool that will perform this preliminary step for you. It is absolutely crucial to have accurate and valid data. Valid and Normalized data is quite powerful and produces the desired results once ingested into a Big Data environment. Please read on and learn how CFIS™ will automate the process of validating and normalizing your data.
BIG DATA IS "DUMB" DATA
The Complete Comprehensive Financial Investigative Solution.
There really is no need for any additional software!
Investigate, Detect and Permanently Dismantle the Criminal Organization
Since 1998, AIT®’s mission has been to fight against financial crime by delivering the technology and expert knowledge to detect, investigate and permanently dismantle the criminal organization. We began with our first product FIS, and over the years by working with and listening to our customers' needs, FIS has coalesced into what has now become a one-of-a-kind Comprehensive Financial Investigative Solution (CFIS™).
As AIT® has said good-bye to FIS and moves forward with the release of CFIS™, we are focused on providing more expanded training to our customers so they can understand the full capabilities of the software and use it to its fullest extent in their investigative roles. Many customers have invested their time to learn and use the system fully and their efforts are paying off for them with tremendous results on their investigations. Clients are taking on complex and extremely large investigations that had been recommended be discontinued due to complexity and using FIS and now CFIS™, they have reached new levels of success with their investigative efforts to permanently dismantle criminal organizations.
Linking supporting documents in the CFIS™ supports and tells the whole story. Right click on an image and right click on the statement, shows document/money the trail.
CFIS™ is one of the few products that can create supplemental funding by way of asset forfeitures, seizures, and deferred prosecution agreements. While agency missions and seizure rules differ, CFIS™ has proven to be an effective tool for many agencies to mitigate budget shortfalls and increase their investigative capabilities for the future. Feel free to ask AIT® for some statistical results we have been provided from our customers of seizures made.
“The FIS software allowed me to complete six weeks of data entry in six hours! Completing this routine task so quickly enabled me to generate the reports the investigator needed much more swiftly. Time is of the essence when working on criminal investigations.” ---Keisha Rule, NW3C Investigative Support Analyst
Here are testimonials about FIS.
for new articles from our clients as they produce successful results
on their investigations and share their experiences of using the CFIS™
“I processed 30,000 transactions 4 hours a day for 6 days (24 hrs). This would have taken me 1 year without FIS.” --IRS Agent, Criminal Investigations
Excellence In Investigation
Congratulations to the thirteen members of the Office of the Insurance Fraud Prosecutor who have been selected to receive Attorney General Awards for accomplishments in 2013. This team inherited a complex fraud investigation from others in early 2013 who had recommended all but declining the matter due to its complexity. The ringleader of the fraud, who had been convicted by OIFP years before, had applied the lessons of his prior conviction in an effort to continue to commit crime while preventing law enforcement from developing evidence for certain statutory elements through an intricate scheme involving numerous holding companies, various ownership agreements between legal, medical and business professionals, and thousands of transactions. Their investigation culminated in a twelve-person takedown, and in a great compliment to the investigation, the unsought surrender of another person involved in the scheme.
Absolutely correct! Time is of the essence and CFIS™ provides the speed and accuracy that is needed!
Another example of many emails, messages, letters coming in from customers
regarding our excellent Technical and Customer Support!
A member of the Insurance Fraud Prosecutor’s team wrote the following endorsement in reply to an inquiry about FIS. “We are using the software are in the process of purchasing additional licenses. I believe it is worth purchasing. It used to take us well over a year to analyze and enter bank records into our database system. Now we can enter one year's worth of bank statements in a day and depending on the amount of checks and deposits, only a few months.
Not only has the program assisted me, but the support that I received from Susan Deehan and her staff was amazing. They responded to every question and problem immediately and gave us all the training we needed (via the computer).
There are still some features of the software that we haven't used yet, and I can't wait to learn how to use them. Once our attorneys and detectives have seen what FIS was able to do, we have had such a demand for it, that we have a wait list of cases that need to be entered into FIS. However, we just don't have enough time, licenses, and staff to handle it…
Financial Analyst, State Insurance Fraud Unit
Speed and accuracy! If the IRS is happy, everyone is happy!
“Once I explained what FIS was, and how we planned to use it to analyze and present the defendant’s financial records in court, the defendant plead guilty to not just the financial elements of the case, but to the drug charges as well.” --Assistant US Attorney
Another example of permanently dismanteling a criminal organization!
It was good talking with you last week. Thanks for calling every now and then to see how I am doing and for giving me additional tips on using FIS. I have been using FIS for approximately 8 months. I am working on a public corruption case that is expanding all the time. I have 24 bank accounts scheduled on FIS, 5 additional accounts to be subpoenaed and additional bank records that will be coming in soon from our investigators. I tell them that additional records are no problem and the records I have to date are in an orderly fashion. A few of the Attorneys and Investigators in the office asked if I could input bank records for them on FIS so they could get a picture of the type of activity in the accounts. They were amazed that I could do this in one day. I was told that one of the defendants pled guilty based on my bank transaction analysis.
I remember you telling me 8 months ago that as a retired IRS Special Agent I will really appreciate FIS Well, you were correct. I am amazed how simple it is to review all the transactions for source of funds, destination of funds, and transfers between accounts. I also use it to identify information that needs to be researched on the Internet which leads to other research needed such as filed SAR’s, social security, DMV and criminal history information. I also use it to identify additional bank accounts, counter-parties of transactions, schemes detected, potential witnesses and leads to expand the investigation.
FIS has saved me so much time and has made the investigative process so much quicker than going through paper documents. I can’t believe that I did this work manually at one time. I wish I had it 15-20 years ago as a Special Agent.
Could you do me a favor and thank Susan, Tim Eckel and Tim Deehan for all their help answering my questions and upgrading the system for me. Susan took my calls many times while driving her car and guided me through the system when I hit roadblocks.
Thanks again Nelson and best regards,”
NEXT: Overall Investigative Process
Industry Leading Technology for Financial Investigations
AIT®’s Comprehensive Financial Investigative Solution (CFIS™) has been very well received and remains the standard investigative tool in use by Federal, State, Local Law Enforcement and Regulatory Agencies, commercial forensic accounting and financial investigative firms. CFIS™ is now going internationally allowing anyone and everyone to investigate financial crimes. CFIS™ provides an unprecedented increase in productivity so essential to the financial investigator in the conduct of both large and small investigations involving voluminous financial records.
The CFIS™ has the capability to automatically process paper and electronic financial documents and record data into a comprehensive CFIS™ investigative database. CFIS™ can achieve incredible input speed and reconcile data to 100% accuracy. The CFIS™ application will increase accuracy and speed of your data entry efforts which currently cause a substantial backlog during investigative processes resulting in investigators being forced to limit the number of cases that can be initiated, limit the records with initiated cases that can be analyzed and as a result limit the elements of criminal activity that can be detected, analyzed and prosecuted. Additionally, additional co-conspirators, accounts and assets remain undetected. It will also provide a quicker and more thorough look at all of the data and allow investigators to focus on the flow of money to identify links to co-conspirators, organizations, transactions, and accounts that may be overlooked when done manually due to the sheer volume of documents reviewed. CFIS™ provides comprehensive data analysis, graphic visualization of financial transactional patterns, flow of funds tracing and analysis, and a full range of reporting capabilities.
The use of CFIS™ Enterprise as an investigative tool will exponentially increase an agency’s ability to conduct large, complex investigations which will significantly increase detection of criminal violations, identification of co-conspirators, additional accounts, and development of investigative leads critical in successful asset forfeiture, arrests and successful prosecutions. Working quickly on financial investigations in order to identify and seize assets is crucial. Users will realize a substantial savings in the number of man-hours currently used to manually enter tens of thousands of transactions. Criminal seizure cases produce a voluminous amount of financial data that must be entered and analyzed. The delay in entry and analysis of data reduces your chances of a successful seizure. These accounts may or may not contain illicit funds at the time of seizure due to the time required to identify the account and obtain the necessary probable cause for seizure. The ability to efficiently and effectively identify illicit patterns of financial activity will lead to the increased identification and recovery of assets and increase the capacity to expedite case prosecution. Additionally, it will allow the customer to initiate new cases with the same number of employees thereby increasing efficiency with respect to the success rate of each case under investigation as it relates to arrests, courtroom testimony and asset forfeiture.
In all financial cases, investigators, analysts, agents manually have to input bank data to create money flow charts, investigative analysis leads, etc. which result in prosecution, seizures and convictions. In each of these cases financial account data is instrumental in the forfeiture of bank accounts seized as well as successful criminal prosecution. While the seizures and prosecutions are successful, the input of financial data substantially drains resources from other investigations due to the enormous amount of man hours required for the manual input of financial data.
The analysis of this data often reveals the movement of illicit funds from their source which are then laundered through one or more financial accounts. The movement of these proceeds generally adds to the complexity of the case and is an attempt to elude investigation by law enforcement and subsequent prosecution. The funds are moved from institution to institution in an effort to conceal their origination and final destination. However, the receipt, input, analysis and subsequent charts, graphs and leads resulting from the data are slow to be output. The financial records generated by criminals and terrorists require vast amounts of man hours. Oftentimes by the time investigators have identified accounts for seizure the funds have been moved or depleted in the accounts.
For Financial InvestigatorsBy Richard B. Lanza, CFE, CPA/CITP, PMP
March/April 2008 FRAUDMAGAZINE
Financial Investigations System Software Facilitates Speedy Analysis of DataBy Moot Schwarzin August 19, 2014 NW3C News
Here are articles about FIS.
Our customers are just now getting the new CFIS™ technology.
for new articles from our clients as they produce successful results
on their investigations and share their experiences of using the CFIS™
Beyond the Next Generation Technology for Financial Crimes and Asset Forfeiture InvestigationsBy FLEOA Members by Nelson J. ChenThe Eighteen Eleven,
The Professional News Publication of the Federal Law Enforcement Officers Association
Spring 2011 edition
Volume 133, No. 1.
Executive Efficient Forensic Investigations
William J. Moran, AICPAJanuary 2010 Informant
US State and Local Agencies
CFIS™ sells itself
strictly by performance!!
• Mississippi Department of Securities
• Nassau County Police Department (New York)
• National White Collar Crime Center (NW3C)
• New York State Department of Investigations
• New York State Police Department
• North Carolina State Department of Securities
• Office of the Kansas Securities Commissioner
• Office of the Statewide Prosecution, Florida
• Ohio Department of Commerce
• Orange County District Attorney’s Office
• Palm Beach County Sheriff’s Office
• Queens District Attorney (New York)
• Sedgwick County Police Department, Kansas
• State Corporation Commission Virginia
• State of New Jersey Department of Treasury
• State of New Jersey Division of Law
• Southwest Border Anti Money Laundering Alliance
• Texas Department of Public Safety
• Ventura County District Attorney
• Washington State Department of Financial Institutions
• National Drug Intelligence Center (NDIC)
• Naval Criminal Investigative Service (NCIS)
• North Florida HIDTA
• Office of the Special Inspector General
for Afghanistan Reconstruction (SIGAR)
• Organized Crime Drug Enforcement Task Force (OCDETF)
• Special Inspector General for the Troubled Asset Relief (SIGTARP)
• State of Delaware Department of Justice
• US Attorney’s Office Albany, NY
• US Attorney’s Office Lexington, KY
• US Department of Agriculture Office of Inspector General
• US Department of Labor (DOL)
• US Immigration and Customs Enforcement (ICE)
• US Postal Service - Office of the Inspector General (USPS-OIG)
• US Postal Inspection Service (USPIS)
• US Securities and Exchange Commission (SEC)
• Eide Bailly, LLP • Grant Thornton, LLP • Namibia Anti Corruption Commission
• RGL Forensics (Locations in NYC and London) • Stroz Friedberg, LLC
CFIS™ is one of the few products that can create supplemental funding by way of asset forfeitures, seizures, and deferred
prosecution agreements. While agency missions and seizure rules differ, CFIS™ has proven to be an effective tool for many
agencies to mitigate budget shortfalls and increase their investigative capabilities for the future. Feel free to ask AIT® for
some statistical results we have been provided from our customers of seizures made.
• Alabama Department of Securities
• Arizona Department of Public Safety
• Attorney General’s Office – Delaware
• Attorney General’s Office – New Jersey
• Attorney General’s Office – New York
• Attorney General’s Office – Texas
• Bergen County Prosecutor's Office
• Broward County Sheriff’s Office
• Brownsville Police Department
• Business Integrity Commission NYC
• California Franchise Tax Board (CFTB)
• Central Florida Intelligence Exchange (CFIX)
• Dallas Police Department
• Florida Army National Guard
• Florida Department of Law (FDLE)
• Florida Office of Financial Regulations (OFR)
• Los Angeles County District Attorney
• Miami Dade Police Department
• Minnesota Department of Commerce
• Minnesota Department of Human Services
• Alcohol Tobacco Tax and Trade Bureau (TTB)
• Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF)
• Bureau of the Public Debit (PBD)
• Commodities Federal Trade Commission (CFTC)
• DEA Puerto Rico Caribbean Division
• Drug Enforcement Administration (DEA)
• DEA FIT: Atlanta, Los Angeles, Boston, Chicago,
Philadelphia, New York and San Francisco
• El Dorado HIDTA
• Export-Import Bank
• Federal Housing Finance Agency (FHFA)
Office of Inspector General
• Federal Trade Commission (FTC)
• Health and Human Services Office of Inspector General (HHS-OIG)
• Homeland Security Investigations (HSI)/ICE
• Internal Revenue Service/Criminal Investigations (IRS)
US Federal Agencies
Actionable Intelligence Technologies, Inc.
105 Executive Drive , Suite 200
Dulles, Virginia 20166
202.558.6569 x201 phone
Call for a demo 202.558.6569 x201 or x208
AIT Training Facility
Expertise and Training
The foundation of AIT®’s subject matter expertise is based on extensive competence in financial investigations, advanced research and development and intelligence collection, sources and methods. Our financial investigations’ consulting and training team has extensive experience conducting large, complex financial investigations including domestic and international securities fraud, corruption, Ponzi schemes, tax fraud, money laundering, and conspiracy cases.
AIT® personnel have decades of experience conducting investigations and developing financial intelligence for the Internal Revenue Service, Federal Trade Commission, United States Postal Inspection Service, Attorney General's Offices, District Attorney's Offices to name a few -- please see our Customer Reference List.
Over the past 17 years, AIT has not only worked extensively with our customers, but we have also listened to our customers' needs. In doing so, we are now very pleased to roll out the CFIS™, which truly is the complete Comprehensive Financial Investigative Solution that everyone needs.
AIT® provides a full range of training programs including practical, hands-on training courses in basic and advanced financial and money laundering investigations. AIT® has working relationships with many current and retired investigators, agents, consultants, forensic accountants, CPAs, and others that participate in training seminars. All courses are customized for individual client needs. We offer On-site training courses, regional user conferences as well as web-based training to assist users who need refresher training or progressive training programs. Come into our Dulles, Virginia training facility for a training session and meet our team!
Brokerage/sweep account. Shows patterns of activity over time.
Important for pre-seizure considerations.
If they watch an account, they can see that they need to seize the money before a certain date.
Pattern Chart of Activity
Click on a transaction and the statement page where the image appears is displayed.
RECONCILED TO ZERO (0)
Shows each account in a specific color
making the understanding of the report much easier to follow.
Combined Chronological Reportof Transactions
Link Analysis Charting
The image below shows the detail when the line is clicked on. Immediate data!!!
Click on the transaction you are interested in, brings up the support document image. Check below.
CFIS™ has 193 different category codes. At the time the statement is processed, the IDA® assigns a specific category code to all transactions making it easy to identify certain categories of interest, i.e. wires, transfers, etc.
Transactions by Category
Entity Tracking of names / addresses over time. Follow the scheme.
Overall statistics of a case. Important to the investigation.
Listing of Assets
Identifies and totals all transactions that
have been linked to a particular asset. Print this out and seize the asset!
Source and Use of Funds – great report for following money flow in and out of an account. Where the money comes from (Source) and how it is spent (Use). It is important to know this – as both source and use could be from ill-gotten gains, etc.
Source and Use of Funds
CFIS™ - The Investigative Overall Process
As you know, there are many different crimes. Investigations vary. Many frauds are easy to identify and then there are many frauds that are often hidden within voluminous documents or complex transactions that are not easily understood. All of the above take an enormous amount of time and energy to investigate and figure out. A smart and efficient way to proceed is to establish a work process that uses the CFIS most effectively
Incorporating CFIS’™ work process into your current work process will help you tremendously while performing your investigations. Please use the following CFIS™ process to help you while performing your investigation, (Steps in processing your investigation - How to proceed). You may find and prove quickly the "known" facts about your investigation, but CFIS™ will help you discover the "unknowns" in an effort to -- little by little or largely-- try to put an end to financial crime.
As you read through the next paragraph, you will notice that all of the steps in order to perform your investigation are actually sections that reference back to the CFIS™ Reference Manual. This essentially is your work process when processing a financial investigation.
In order to investigate you need to identify and interpret the documentary evidence and then develop a case strategy (see Steps in Processing your Case section).
In developing a case strategy, you will first need to organize all of the documentary evidence (see Organization of Documents section).
Next, you need to build a database which provides you quick access of electronic files with images supporting the transactional activity showing the whole story - movement of money - (CFIS™) (see Scan / Import Documents section).
You need to move fast on data entry, which is where our IDAs® play an important part - (see IDA® Library section). Data entry that takes you a year to enter into Excel will now take you a matter of hours. Our IDAs® capture all data from bank, brokerage and credit card statements which allows you to immediately identify new or unknown account numbers so subpoenas can be issued quicker, assets can be seized faster, moving quickly to process and finish the investigation.
After the statements have been reconciled, voluminous support documents (wires, checks, text messages, etc.) can be linked to statement transactions (see Entering Support Documents section).
CFIS™ Enterprise or CFIS™ Web Access allows users to collaborate and work together making the input process a lot quicker and easier lifting the burden off of just one or two individuals, or passing the case on to others having to take the time to familiarize themselves with the case/data.
Case Integrity Checks, Linking Details (see Linking Details Section) for quality assurance can be run at any time and should be run upon finishing the entering of data before running reports and queries to be presented to to attorneys, or in the courtroom.
Unraveling and deciphering complex situations is easier by tracking account history, entity tracking, assigning roles and groups, (see Account History, Entity History Tracking, Roles and Groups sections).
Queries and Reports can be run at any time (see Queries and Reports sections).
Documents can be located immediately for quick access (see Documents Summary section) and exported instead of rummaging through boxes or trying to find them on a saved drive or CD (see Documents/Export Documents section).
Users need to present their data, communicate their findings, (Read-Only License), serve as an expert witness, generate discovery requests, identify, (Withdrawal and Deposit Analysis) and trace assets (see Assets and Liabilities section), prepare for interviews, depositions, etc.
CFIS™ reports and queries provide data in different formats providing totals, percentages and pie charts.
Graphic visualization makes it easy to show the whole story in a courtroom presentation. (see Advanced Query - Flow of Funds (Link Analysis) section).
Bates stamping can also be performed - (see Bates Numbering section).
We hope that in a very short period of time, you will also understand and see for yourself that CFIS™ is the complete full Comprehensive Financial Investigative Solution for you and your agency. There really is no need for any additional software.
NEXT: CFIS™ Standalone Process from Beginning to End
NEXT: CFIS™ Web Access Enterprise
CFIS™ Standalone Process from Beginning to End
CFIS™ Web Access Configuration or Enterprise Configuration
NEXT: CFIS™ Enterprise-wide Collaboration
AIT Warranties Performance with CFIS Appliance “Turnkey” Configuration. Certified by CISCO.
Appliance is offered as a managed service.
CFIS can be installed on an organization’s Private Cloud. Call for details.
CFIS™ Enterprise-wide Collaboration
The use of CFIS Web Access or Enterprise configurations as an investigative tool will exponentially increase an agency’s ability to conduct large, complex investigations which will significantly increase detection of criminal violations, identification of co-conspirators, additional accounts, and development of investigative leads critical in successful asset forfeiture, arrests and successful prosecutions. The CFIS Web Access or Enterprise allows users to collaborate, working together concurrently to input data, whether bank, brokerage or credit card statements, voluminous support documents or reports and queries. Working collaboratively lifts the burden of the voluminous records having to be entered by a single user. Depending on the number of users working on a case, this will dramatically increase an agency’s productivity by that number of users. For example, if a single user inputs 500 support documents in a single day, multiply that by 20 users and the number of support documents increases to 10,000 records in a single day. From an investigative standpoint, analysis may be performed at any time through a myriad of reports and queries. CFIS provides a thorough analysis of all data, the source and destination of the financial transactions providing investigative leads from data that is captured instantaneously. Working quickly on financial investigations in order to identify and seize assets is crucial. CFIS is the investigative solution!