Forensic Accounting Services, LLC
Piecing Together Financial Puzzles®
Emotional expressions (body language) are the closest thing there is to a universal human language. The expressions for basic emotions such as anger, fear and surprise are easily identifiable in almost any culture, religion or nationality, as well as across all ages and demographics. Being able to accurately detect, read, and interpret the expressions of colleagues, clients, friends and family …
You may be tempted to throw out old tax records piling up around your home or office, but before you fire up that shredder take a look at these recommendations from IRS.gov on document retention. The period of limitations is “the period of time in which you can amend your tax return to claim a credit or refund, or the …
We received a phone call from a company asking to meet with us about a new fraud issue they were experiencing. In that meeting we discovered that the company had fallen victim to an email spoofing scheme that cost them hundreds of thousands of dollars. We have since received similar calls from other victim organizations. Here’s the Story… The company …
According to an annual survey by the National Retail Federation, gift cards are the most requested gift item for the 9th year in a row. For many, gift cards are an easy solution to an age-old dilemma: What to give the perennially hard-to-shop-for person. Unfortunately, gift cards are vulnerable to fraud in a way that traditional ugly sweaters and unwanted …
The 2014 ACFE Report to the Nations estimates that the typical organization loses 5% of revenues each year to occupational fraud. So what do the perpetrators of these frauds look like? How can you identify them to better protect you or your clients’ organizations? While statistics can only tell you so much and outliers always exist, there are some common …
Fraud Vault® is your resource for valuable updates about the world of fraud. From trending topics to fraud case studies, Fraud Vault® provides a wealth of information you need to stay one step ahead of fraud in today’s financial environment.
Learn about some of the tools we use to resolve complex financial matters. Keep up with changing technology, laws and schemes. Fraud Vault® is committed to being your asset for all things fraud.