Business Fraud
Fraud claims typically require investigation and analysis of the underlying facts and circumstances as a predicate to the quantification of the related damages. Our experience includes investigation and analysis of both types including misappropriation of assets (fraud on the company) and financial fraud (fraud for the company):
- A Ponzi scheme in which investor fraud exceeded $50 million.
- Intentional revenue overstatement resulting in significant losses to both creditors and equity investors.
- Falsified loan and collateral accounting resulting in a several million-dollar loss to the lender.
- A warrant holders’ assertion of fraud when the issuer redeemed and delisted the warrants.
- Improperly documented medical claims resulting in a significant overstatement of paid Medicaid claims.
- Preferential liquidation and reincorporation to defraud creditors.
- Improper valuation procedures applied in a stock-for-stock merger transaction resulting in a material overstatement of assets and equity.
- Bank fraud resulting from an employee’s manipulation of a mortgage lender’s collateral intended as security for borrower’s “mortgage warehouse” line of credit.
- The relationship between an individual bankruptcy petitioner to a corporation he used to defraud a senior-citizen-investor.
