RiverStones: In Pursuit of Truth
Uncovering fraud. Protecting assets.
Delivering results.
RiverStones specialises in exposing sophisticated fraud schemes, recovering losses, and protecting clients from devastating risk. This is a showcase of real-world investigations demonstrating our expertise in corporate intelligence, forensic investigation, and strategic intervention.
₹10,000+ Cr
Assets Under Investigation
15+ Years
Industry Experience
Pan-India
Operational Reach
Forensic Investigation · M&A Fraud
Turnover Inflation Fraud:
Client Cheated During Acquisition.
A multinational investment company invested over $100 million USD in a large Indian food processing company. Post-acquisition and management takeover, investigators uncovered that the target entity's turnover had been inflated by 400% through cyclical billing schemes. The investment appeared worthless, with the promoter claiming no assets for recovery — reputation concerns initially prevented aggressive pursuit, requiring sophisticated investigation techniques.
Forensic document review
200+
Site visits — discrete investigations in New Delhi grain markets with pretext surveys and strategic source cultivation
80
Bogus entities — nexus of three individuals rotating fraudulent transactions through a cyclical billing scheme
100%
Hidden assets found — complete money trail documented, viable recovery options identified for the defrauded investor
Whistleblower Investigation · ₹10,000 Cr Multinational
Senior Management Frauds at an
₹10,000 Crore Indian Multinational.
Multiple whistleblowers exposed systematic corruption across departments: logistics kickbacks, civil works fraud, and procurement schemes. The RiverStones investigation revealed a criminal enterprise operating at the highest levels of management.
Whistleblower source network
CEO's Criminal Enterprise
- Systematic bribe collection from all vendors
- Deliberately sabotaged the new sales head by lowering organisational sales
- Caused massive turnover losses to destabilise leadership
Department-Level Fraud
- Logistics head pocketed 5x his annual package through vendor kickbacks
- Factory head operated a competing factory selling counterfeit products under the client's brand
Executive Terminations: Multiple management members neutralised and eventually terminated — CEO, Logistics Manager, Senior VP Marketing, and others. Organisation restored integrity and operational control.
Operational Loss Investigation · Manufacturing
Textile Investigation: ₹150 Crore Loss
in Dyeing Operations.
One of the world's largest textile companies in its segment faced unexplained losses despite a manufacturing-excellence and systems-driven approach. RiverStones deployed undercover operatives, cultivated internal and external sources, and mapped manufacturing processes against on-ground implementation.
Operational loss monitoring
01
System Gap Identified
Massive gap discovered in dyeing data accuracy and monitoring protocols.
02
Actual Loss Revealed
Dyeing loss averaging 12%, with some operations reaching 18–20% vs. a 3% cap.
03
Data Manipulation
Consumption data incorrectly fed into the system; MIS failed to flag concerns.
04
Evidence Captured
Physical BOM verification captured across 7 incidents on discrete cameras.
05
Total Damage
₹150 Crore in dyeing wastage losses beyond acceptable limits.
Intelligence-Led Operations · Corruption Elimination
Profit Maximisation: OEM Added
20% to the Bottom Line.
One of the largest OEMs in its segment — a legacy company plagued by rampant corruption. RiverStones implemented comprehensive intelligence systems, analysed production data, created vendor whistleblower programmes, and worked systematically to eliminate corruption while improving operational efficiency.
Intelligence network
Intelligence Network
Created a system of undercover operatives, internal sources, and external intelligence gathering to identify corruption patterns.
Vendor Collaboration
Developed a unique vendor whistleblower system, clearing quality and material receipt bottlenecks.
Standardisation & Ethics
Renegotiated vendor contracts, created a strong ethics policy and code of conduct for all stakeholders.
Measured Outcome
12 corrupt employees identified across procurement and quality assurance functions.
12
Corrupt employees identified across procurement and quality assurance functions
20%
Profitability increase achieved during the RiverStones intervention period
IPR & Patent Enforcement · 8-Year Legal Battle
₹8,000 Crore IPR & Patent Violation:
Diamond Mafia of India.
Violation of the client's patents for the largest-selling diamond processing machines, with duplication of proprietary processing software. Connivance between the perpetrator, government machinery, and law enforcement made this an 8-year inconclusive legal battle requiring a breakthrough intervention.
IPR enforcement
Strategic Infiltration
Undercover operatives deployed in target facilities and markets. Physical surveillance conducted throughout hostile environments.
Witness Protection
Cross-border evacuation and safe house maintenance. Video conference testimony enabled while maintaining security.
Evidence Collection
Video and audio evidence gathered from hostile environments. Tracking software extracted details of all violators with pinpointed locations.
Strategic Outcomes
- Settlement with all counterfeit product buyers
- Replacement with client's genuine products across market
- Settlement with largest counterfeiter housing 400+ counterfeits
Long-Term Protection: Client's services transitioned to a cloud-based platform, dramatically reducing counterfeiting risk through enhanced security architecture for intellectual property.
Crisis Management · Executive Protection
Crisis Management: Executive Protection
During Labour Unrest.
A multinational company's management team was locked inside their manufacturing plant in a remote Indian location during violent labour unrest. RiverStones coordinated an immediate rescue operation, extracting all executives safely within one hour of the incident report and ensuring their secure passage through hostile territory.
Crisis command
01
Immediate Response
Coordinated with law enforcement and local worker leaders within one hour of reporting.
02
Intelligence Network
Field agents discreetly gathered real-time movements of hostile elements.
03
Tactical Extraction
Close protection professionals deployed with decoys and specialised vehicles from trusted vendors.
04
Safe Passage
Dedicated command centre orchestrated secure routes avoiding hostile workers.
Executive Protection Capability: RiverStones maintains a specialised crisis response team combining intelligence gathering, close protection professionals, tactical coordination, and command centre operations for high-risk executive security situations.
Executive Protection · UHNW Family · Mediterranean
Mediterranean Tour: Six Weeks of
Discreet Protection Across Three Countries.
Close protection and transportation support for a UHNW family across the Mediterranean during peak European summer. A six-week continuous operation spanning three countries and twenty-five-plus locations, with a principal group of nine to fourteen persons throughout.
Close protection deployment
The Dynamic
The client group used their private yacht as primary base and mode of transport for ninety percent of the agenda — moving between offshore anchor points, port berths, islands, and iconic hotspots across peak-season destinations.
Our Mandate
A low-profile international travel protection team, locally sourced close protection, local drivers, and 24/7 static security overwatch when the yacht was at port berth. Six protection agents divided into dedicated roles across family members and guests.
Advance Operations
A dedicated senior advance agent operated one to two days ahead of the client agenda — completing location, venue, restaurant, and activity advances; conducting route familiarisation and dry runs; managing local drivers; and identifying standby and standoff positions before each arrival.
Protection Philosophy
No obvious tactical movement. No close-body formations unless required. Holiday attire, no overt tactical gear, and environment-specific body language — maintaining the family's comfort and discretion in high-density tourist environments without projecting a security presence.
Operational Standard: Moving a high-profile family through peak European summer crowds required every team member to operate at team-lead level — balancing client comfort, public-facing humility, and large-team coordination while remaining vigilant across continuously changing environments.
Executive Protection · UHNW & High-Profile · Africa
Africa Tour: Discreet Protection Across
Three Nations for a High-Profile Family.
Close protection and secure transportation for a high-profile celebrity and family members of a UHNW family across three African nations. The travel was philanthropic and personal in nature, with state-level meetings included — all intended to remain low-profile.
Africa ground operations
Country-Specific Risk Scaling
Three countries, three distinct risk profiles. In the highest-risk country — presenting armed violence, gang activity, and organised crime — Støne Group scaled up with additional armed teams in high-risk areas. Ethiopia and Kenya required different protective stances, adjusted accordingly.
Continuity of Cover
Two senior EP team members accompanied the client throughout the entire trip, ensuring consistency of experience and managing local contracted teams in each country. Local teams operated under Støne's direct leadership — highly experienced practitioners familiar with both international deployments and local conditions.
Balancing Host & Client Needs
In the highest-risk country, the client was hosted by a prominent local figure with their own security team operating overtly. Støne worked closely and respectfully with them to balance operational needs with the client's preference for discretion — minimising overt displays of force while maintaining appropriate security levels.
Outcome
A secure, discreet, and seamless travel experience across three nations. The client engaged fully in philanthropic activities and state-level meetings without disruption. Protective measures remained invisible to the client's agenda while providing appropriate cover at every stage.
Støne Group Capability: Africa operations represent a core competency — with on-ground networks, contracted local teams, and senior EP practitioners capable of scaling resources to country-specific threat environments while maintaining the discretion that high-profile principals require.
RiverStones stands ready to protect your organisation from fraud, counterfeiting, and corporate malfeasance. Our proven track record speaks to our capability in complex investigations and strategic interventions.
RiverStones Consulting & Intelligence Pvt. Ltd.
