Asshok Sripati
Global Fraud Risk & Financial Crime Consultant
CFE | ISC2 Certified in Cybersecurity (CC) | AML Expert
I help fintech companies and financial institutions protect themselves from fraud, build robust risk management frameworks, and navigate complex financial crime challenges.
With over 15 years of hands-on experience in fraud investigations, risk assessment, and AML compliance, I’ve worked across public sector banks, regional financial institutions, and consumer finance companies—investigating everything from embezzlement schemes to sophisticated fraud rings, while building internal audit functions from the ground up.
My approach is practical, not theoretical. I understand that every organization faces unique challenges, operates under different constraints, and needs solutions that actually work in the real world.
Why I Do This Work
Fraud doesn’t just cost organizations money—it erodes trust, damages reputations, and can threaten the very existence of businesses, especially in the fintech space where trust is everything.
I’ve seen firsthand how effective fraud prevention can transform an organization’s risk profile. I’ve also seen the devastating impact when fraud goes undetected or organizations lack the expertise to respond effectively.
What drives me is the opportunity to:
- Prevent harm before it happens by identifying vulnerabilities early
- Uncover the truth in complex investigations where others have struggled
- Build capability within organizations so they can sustain fraud prevention long-term
- Bridge the gap between compliance requirements and operational reality
My Philosophy: Fraud risk management should be practical, proportionate, and sustainable. It’s not about creating bureaucracy—it’s about protecting value while enabling business growth.
Professional Experience
My career has spanned multiple aspects of fraud risk management, giving me a comprehensive understanding of how fraud operates and how organizations can defend against it.
Fraud Risk & Internal Audit Leadership
Led fraud investigations, risk assessments, and internal audit functions across banking and financial services. Built investigation departments from inception, managed teams of 22+ professionals, and monitored 165+ branches for fraud risk.
75+ Complex Investigations
Investigated embezzlement, insider fraud, credit fraud rings, and asset misappropriation cases totaling millions in exposure. Worked with law enforcement, recovered assets, and strengthened organizational controls.
Continuing Education & Certification
Obtained ISC2 Certified in Cybersecurity (CC) credential to stay current with digital fraud threats, cyber risk, and information security—critical areas for modern fintech companies.
Professional Certifications
🎓 Certified Fraud Examiner (CFE)
Association of Certified Fraud Examiners (ACFE)
The CFE credential is the gold standard in fraud examination, representing expertise in fraud prevention, detection, investigation, and deterrence.
🔒 Certified in Cybersecurity (CC)
ISC2 – 2025
Demonstrates current knowledge of cybersecurity principles, crucial for understanding digital fraud, information security, and cyber threats facing financial institutions.
💼 Anti-Money Laundering Specialist
Practical AML/CFT Expertise
Extensive experience in AML compliance, suspicious transaction monitoring, KYC/CDD processes, and regulatory readiness for financial institutions.
Commitment to Excellence: All certifications require adherence to strict codes of professional ethics, continuing education, and demonstrated competency. I take these obligations seriously and maintain active engagement with professional communities to stay current.
Core Expertise
Fraud Investigations
From initial suspicion to final report, I handle complex fraud investigations with thoroughness, discretion, and attention to evidentiary standards. I’ve investigated:
- Major embezzlement cases ($200K+)
- Organized fraud rings involving multiple employees
- Credit fraud with forged documentation
- Insider threats and collusion schemes
- Asset misappropriation and financial statement fraud
Risk Assessment & Control Design
I help organizations understand their fraud vulnerabilities and build proportionate, effective controls:
- Enterprise-wide fraud risk assessments
- Control gap identification and remediation planning
- Risk-based monitoring program design
- Data analytics for fraud pattern detection
Building Capability
Some of my most rewarding work has been building fraud prevention and internal audit functions from scratch:
- Established internal audit departments for banks with no prior function
- Recruited, trained, and managed investigation teams
- Developed policies, procedures, and governance structures
- Created sustainable fraud prevention frameworks that outlast my engagement
AML/CFT Compliance
Practical experience helping organizations meet anti-money laundering obligations:
- AML compliance gap assessments and remediation
- Transaction monitoring design and optimization
- KYC/CDD process improvements
- Staff training on suspicious activity recognition and reporting
What Sets Me Apart
Results-Oriented
I focus on outcomes that matter: prevented losses, improved controls, regulatory compliance, and sustainable capability building.
Detail-Focused
Fraud investigations require meticulous attention to detail and rigorous evidence standards. I don’t cut corners.
Practical Approach
I understand resource constraints and operational realities. My recommendations are implementable, not theoretical.
Continuous Learning
Fraud evolves constantly. I stay current through certifications, professional development, and engagement with industry trends.
Ethical Integrity
I adhere to strict professional ethics, maintain independence, and never compromise on objectivity or confidentiality.
Global Perspective
Experience across jurisdictions, understanding of cross-border fraud, and ability to work with diverse international teams.
Who I Work With
I specialize in serving organizations where fraud risk is material and specialized expertise is needed:
Fintech Companies
Digital-first financial services face unique fraud challenges. I help fintechs build fraud prevention into their DNA while staying agile and innovative.
Payment Institutions & EMIs
Regulatory requirements, cross-border transactions, and high-volume operations create complex fraud risk. I help navigate these challenges while meeting supervisory expectations.
Traditional Financial Institutions
Banks and lenders expanding digital offerings need to adapt fraud controls to new channels and customer behaviors.
Companies Facing Crises
When fraud has occurred or regulatory scrutiny intensifies, organizations need experienced hands to investigate, remediate, and rebuild trust quickly.
How I Can Help You
Every organization’s fraud risk profile is unique. Here’s how we typically work together:
1. Initial Consultation (Complimentary)
30-minute discussion to understand your situation, challenges, and objectives. No commitment, just an honest conversation about whether I can help.
2. Scope Definition
If there’s a fit, I’ll propose a clear scope of work, deliverables, timeline, and transparent pricing.
3. Engagement Options
Flexible models to fit your needs:
- Project-based: Specific deliverables, fixed scope
- Retainer: Ongoing advisory and support
- Interim executive: Leadership during transitions or crises
- Hourly consulting: Maximum flexibility for ad-hoc needs
4. Delivery
Professional, timely execution with regular communication. You’ll know exactly where things stand at all times.
5. Transfer of Knowledge
I don’t just solve problems—I build your team’s capability to prevent and detect fraud independently going forward.
Let’s Talk About Your Fraud Risk Challenges
Whether you’re facing a specific fraud incident, need to strengthen controls, or want an independent assessment of your risk posture, I’m here to help.
Schedule Free Consultation