Forensic Accounting and Fraud Investigation Services offers unparalleled expertise in the following areas: (Click for more information about each service.)
Divorce Fraud can be perpetrated when one party fails to tell another the “whole truth.” Divorce fraud typically involves the hiding of income and assets and the filing of false financial affidavits in order to get a better settlement than would occur in a truthful disclosure. When one spouse discovers the other has hidden marital assets or lied about the value, the victim has a number of remedies.
Fraud exists in almost every company in America these days to some extent. A company’s most trusted employees use their knowledge of a company’s accounting and internal control weaknesses and exploit them for their own personal gain.
Our founder, Ted Lanzaro, was awarded the designation of Certified Fraud Examiner by the ACFE.
Unraveling fraud is a complex and time consuming venture. Forensic Accounting and Fraud Investigation Services conducts fraud examinations for civil and criminal cases by:
- Reconstructing books and records from incomplete data
- Unraveling complex transactions and breaking them down into their component parts
- Re-creating transactions in brokerage and investment accounts
- Uncovering data that can be used as evidence in court
- Tracing funds and assets
- Identifying potential witnesses & suspects and interviewing them
- Gathering and documenting evidence & preparing an expert report
Forensic Accounting and Fraud Investigation Services is a proactive firm that also assists clients in preventing fraud by:
- Reviewing the internal controls of a company’s accounting processes to identify the weaknesses that lead to fraud
- Providing your company with due diligence procedures on business, real estate or investment purchases
Business embezzlement, elder care theft, and identity theft are all too commonplace these days. Forensic accounting can help victims of these crimes recover assets and punish the perpetrators.
Business Valuation is process of determining the economic value of a business or company. Business valuation can be used to determine the fair value of a business for a variety of reasons, including sales price, asset division in divorce proceedings or establishing value for estate tax purposes.
Financial statement fraud is deliberate misrepresentation, misstatement or omission of financial statement data for the purpose of misleading investors, lenders or other user of the financial information to create a false impression of an organization’s financial strength. Financial statement frauds fall into general categories. These include improper revenue recognition, manipulation of liabilities, manipulation of expenses, improper disclosures on financial statements and overstating assets.
Economic damage calculations typically evolve from business disputes, wrongful terminations of employment or accidents resulting from the negligence of one party. The goal in calculating damages is to ensure that the party adversely affected by the acts of another are placed into the position that he or she would have been in had the event not occurred.
‘Breach Of Contract’ is generally defined as a violation of any of the agreed-upon terms and conditions of a binding contract. This breach could be anything from a late payment to a more serious violation, such as failure to deliver a promised asset. A contract is binding and will hold weight if taken to court; however, proof of the violation is key.
Companies and individuals who have debts that cannot be collected because another company or individual is seeking bankruptcy protection to avoid paying the obligations are often victims of fraud perpetrated by defaulting party. We offer services designed to assist attorneys and creditors to determine if they have been defrauded as part of a bankruptcy proceeding.
Tax fraud occurs when an individual or business entity willfully and intentionally falsifies information on a tax return in order to limit the amount of tax liability. Tax fraud essentially entails cheating on a tax return in an attempt to avoid paying the entire tax obligation.
Probate Court Services
Probate court matters generally involve four types of relationships:
Too often, situations arise where an executor of an estate or a trustee violates their fiduciary obligation and engages in fraud to enrich themselves at the expense of another party.
We provide attorneys and litigation clients with business, accounting and tax expertise and experience that encompasses all phases of the litigation process, from complaint, initial development of strategy, discovery, analysis of documents and records and expert witness testimony.
Please feel free to contact us to discuss your situation.