General Fraud and Misconduct

Fraud is everywhere.

According to the Association of Certified Fraud Examiners, fraud happens in companies of all sizes. It happens in every industry. It happens to public, private, and not-for-profit entities. And the median length of fraud schemes in their 2006 study was 18 months before detection!

Fraud happens in companies of all sizes. It happens in every industry. It happens to public, private, and not-for-profit entities. And the typical length of fraud schemes in their 2008 study was two years months before detection!

We prefer to be proactive, helping organizations manage their fraud risk and protect themselves with the right procedures and systems. But we more often find ourselves helping clients to investigate:

• financial reporting and securities issues
• misappropriation of corporate assets
• Foreign Corrupt Practices Act (FCPA) violations
• embezzlement
• employee malfeasance.

Internal Corporate Investigation

Our forensic investigations generally include:

• understanding critical issues.
• interviewing key personnel.
• reviewing accounting records and analyzing relevant transactions.
• analyzing electronic data.
• quantifying the impact of accounting issues on financial statements.
• communicating our findings.

Should the circumstances warrant it, our professionals are qualified expert witnesses, to assist counsel in any legal action that results.

Money laundering compliance and investigations

Kaufman, Rossin & Co.'s bank compliance consulting team performs advisory services related to anti-money laundering and Office of Foreign Assets Control programs, controls and regulatory compliance. Our professionals assist in the following general areas:

• Independent testing of compliance with:
  • Bank Secrecy Act (BSA).
  • Anti-Money Laundering (AML).
  • Office of Foreign Assets Control (OFAC).
• AML/OFAC risk assessment.
• Transaction analysis.
• Know-your-customer remediation.
• AML Due Diligence.

Digital Forensic Services

More than 90% of communications and business activities take place in an electronic environment, according to EDRM, a widely-recognized organization that since 2005 has focused its efforts in creating resources, standards and best practices for e-Discovery.

The sheer volume of information can be overwhelming. Our team routinely identifies and acquires large amounts of data and, using leading edge digital forensic techniques, analyzes and filters it to present the much smaller volume of relevant information to our clients. In some matters, of course, despite the enormous amount of information available, there are files that are missing. This is where Computer Forensics comes in: finding information that's been deleted, or tracking who has used various files.

Our services assist clients in:

• Digital Investigations
• eDiscovery
• Electronically stored information consulting
• Computer forensics