Commentary on fraud, scams, scandals, and court cases.

Bankruptcy Services From a Forensic Accountant

In this short video, Tracy talks about some of the services a forensic accountant could provide in a bankruptcy case.

These services could include:

  • Tracing of funds through bank accounts
  • Looking for hidden income and assets
  • Evaluating expenditures to determine whether they were proper (as it relates to the bankruptcy)
  • Searching for improper transfers of money and other assets
  • Verifying numbers disclosed to the bankruptcy court
  • Looking for red flags of fraud
  • Identifying parallel entities (similar, related businesses started by parties involved in bankruptcy, used to improperly transfer assets or income)

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