Fraud Examinations

Fraud examinations are performed when a business owner suspects or discovers that an employee, or sometimes a partner, has stolen money from the company. There are two ways someone can steal money. The money either has to be stolen before the money is collected or it has to be stolen after it is collected. We are hired to determine how money was stolen. We then write a report outlining our analysis and findings. Because a determination of fraud is a matter of law, only the Court can decide whether fraud was actually committed. Fraud examiners are only allowed to determine whether money is missing, how it was diverted, and whether the actions of the person suspected of diverting the money may meet the criteria for fraud.

The procedures we perform differ for each engagement depending on whether the person suspected of fraud is still working with the company, whether the company has already identified the suspect, the type of fraud scheme, and how widespread the potential fraud may be.

Fraud examinations may also necessitate a business valuation for a damages claim. In these cases, the client and the client’s attorney will work with us to determine what our tasks will be.