This article continues the series of Paycheck Protection Program (PPP) Loans. We are five years into PPP loan prosecutions, and the US Attorneys are still prosecuting egregious cases. President Biden extended the statute of limitations on the PPP loan fraud from 5 to...

Experience has shown that embezzlers are opportunists that find weaknesses in systems and exploit them. The Association of Certified Fraud Examiners issued their Occupational Fraud 2024 Report to the Nations a Global Study[1]. The study shows as it did in the past...

The same principles of tracing assets that apply to martial divorce with the division of assets apply to business ventures where business partners form a business with success and profit in mind. The partners work together for a few years and develop dislikes because...

Attorneys whose clients have financial problems requiring financial analysis and investigation might be unsure if they need a Certified Public Accountant (CPA) or a Financial Forensic Investigator. We want to identify what each does so you can choose wisely according...

A female entrepreneur was approached by a person who posed as a CPA with whom she had a business relationship in the past. The CPA impersonator referred her to contact an SBA “agent” to help fund a project she was initiating. The entire relationship was fostered over...

This article is beneficial knowledge for all businesses. The Internal Revenue Service has known where the tax abuse has occurred for years. On September 8, 2023, they announced a new enforcement initiative to use artificial intelligence and other technologies to catch...

In the era of online banking and electronic transactions, ensuring the safety and security of your financial information is crucial. Unfortunately, scammers are constantly devising new strategies to manipulate unsuspecting individuals. One such scam involves the use...

In today's complex business landscape, the risk of theft and fraudulent activities is a constant concern for businesses of all sizes. With the cost of goods and services rising, fraud is also increasing. To combat this fraud threat, companies often rely on a business...

The process of divorce can be emotionally and financially draining for your clients. Dividing assets and liabilities presents a significant challenge, especially when one spouse suspects the other of hiding or dissipating assets. In such cases, the technique known as...

Do you need to follow the money? Unfortunately, fraud and asset misappropriation are common in all businesses, regardless of size. In fact, studies show that 57% of fraud is committed by company insiders, with employee theft costing businesses nearly $50 billion each...