Fatburger and Johnny Rockets Family Under Investigation for Fraud and Money Laundering

Andrew Wiederhorn, CEO of the company that owns Fatburger, Johnny Rockets, and Round Table Pizza restaurants is under federal investigation for securities fraud, wire fraud, money laundering, and tax evasion. What makes this story so interesting is that Wiederhorn already did a stint in prison, serving 14 months in 2005 …

Analyzing Business Tax Returns in Divorce Cases

Tax returns can be one of the most important pieces of information a forensic accountant evaluates in a divorce case. Of course, there are other very important financial documents, but income tax returns provide summary information about of lot of financial issues, including income, expenses, and assets. I typically recommend …

Defending Tax Fraud Cases

Government investigations of white collar crimes almost always have one thing in common: They rely heavily on the analysis of financial information. Often, this includes combing through bank statements and credit card statements, as well as scrutinizing accounting records. Some people think that analyzing this kind of data is simple. …

What to Do When You Are Being Audited and Your Records are a Mess

How to terrify just about anyone: Tell them their taxes are being audited. Even worse: When their books and records are a mess. (Or maybe even non-existent.) Every number could be scrutinized. That means documentation must be produced to support the amount of each expense and the business purpose of …