Posts Tagged ‘Insurance Fraud’

The Fraud’s In the Figures: Finding Clues in Financial Documents

SIU Today
By Daniel W. Draz, MS, CFE

Many types of insurance policies require that insureds submit financial documentation in support of insurance underwriting applications and claims submitted for payment. While the financial documentation submitted may be totally legitimate, it’s often hard for investigators to determine one way or another.

With the advent of desktop publishing, it isn’t difficult for documents to be altered, forged or simply created to fit a particular insurance documentation situation. Given a general unfamiliarity with these documents, the complexity of certain types of financial documentation can be intimidating for insurance investigators who don’t work with these forms and figures regularly. While it’s easy to get confused trying to evaluate the financial figures in terms of the insurance issues involved, investigators shouldn’t be discouraged. The numbers may hold important clues to the truth behind insurance applications and claims.

Financial Statement Fraud in the Katrina Aftermath: A Whirlwind of Opportunities

Written by Tracy L. Coenen, CPA, CFF

Lagniappe – Magazine for Louisiana CPAs – March 2006

Hurricane Katrina altered lives forever. Thousands of displaced survivors have lost their jobs as businesses struggle to survive. However, other opportunistic firms shamelessly have taken advantage of the disaster by altering their financial statements. Here’s how auditors and fraud examiners can find this hidden crime.

Financial Statement Fraud in the Katrina Aftermath: A Whirlwind of Opportunities

Written by Tracy L. Coenen, CPA, CFF

Fraud Magazine – January/February 2006

Hurricane Katrina altered lives forever. Thousands of displaced survivors have lost their jobs as businesses struggle to survive. However, other opportunistic firms shamelessly have taken advantage of the disaster by altering their financial statements. Here’s how auditors and fraud examiners can find this hidden crime.

Who You Gonna Call? Fraudbusters!

Commerce – Newsletter of the Metropolitan Milwaukee Association of Commerce
By Margaret Kealty

Do you think you’ve been cheated or ripped off? Before you go sprinting off to Judge Judy, you may want to give Tracy Coenen a call. Coenen, a forensic CPA, works with the insurance and legal industries on investigative accounting and litigation support.

In lay terms, Coenen calculates losses in insurance policies or lawsuits. She also helps attorneys with contract litigation and business problems involving money, whether it be theft, fraud or disputes between employers and employees.

Divorce Investigation


Are you involved in a divorce or family law case that may involve hidden income or hidden assets? Read Tracy Coenen's new book, Lifestyle Analysis in Divorce Cases, published by the American Bar Association.
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