Category: Forensics

Forensics

Do You Need a Construction Overrun Investigation? by Joel Glick, CPA/CFF, CFE, CGMA


Posted on August 17, 2022 by Joel Glick

While construction cranes continue to dot the skylines of cities across the world, the construction industry is facing a challenging time. Soaring demand for projects are being hampered by rising costs of construction materials, delivery delays due to supply chain disruptions and a shortage of skilled laborers. In this environment, real estate developers, building owners […]

Avoiding Usury Traps in Business Lending Arrangements by Joel Glick, CPA/CFF, CFE


Posted on July 12, 2022 by Joel Glick

There are a variety of economic and non-economic factors that can negatively impact cash flows for businesses of all sizes across various industries. Currently, the ongoing labor and supply-chain constraints coupled with record-high inflation and rising interest rates are making it more difficult for businesses to cover their operating costs and maintain profitability. While there […]

Is Your Loan in Violation of Florida Usury Law? by Joel Glick, CPA/CFF, CFE


Posted on April 25, 2022 by Joel Glick

Mention of the term “usury” often conjures up images of predatory payday lenders and loan sharks. Yet, the practice of charging an excessive rate of interest on loans or similar lending agreements can occur in various traditional financial transactions as well. To protect yourself, you must recognize the nuances in usury law that differ from one […]

Tips for Legal Counsel Working with Forensic Accountants by Richard Pollack, CPA


Posted on September 22, 2021 by Richard Pollack

Seasoned litigators consider forensic accountants their secret weapon when defending cases involving economic damages.  By relying on carefully honed skills to investigate, audit and uncover often-complicated financial transactions, forensic accountants can sort through mountains of data to connect seemingly unrelated dots and identify hidden assets or instances of fraud. In addition to identifying financial facts, […]

Exposing Financial Statement Fraud by Richard Pollack, CPA


Posted on August 17, 2021 by Richard Pollack

It has been almost 20 years to the day that one of the country’s largest publicly traded companies filed for bankruptcy protection amid what continues to be cited as one of the largest accounting frauds in history. However, since the collapse of Enron and subsequent enactment of legislation to prevent similar scandals, corporate fraud and […]

Suez Canal No Longer Blocked, But Are Damages Incurred from Supply Chain Disruptions Recoverable? by Richard Fechter, JD, CAMS, CFE


Posted on April 15, 2021 by Richard Fechter

The 1,312-foot Ever Given container ship wedged across the Suez Canal for six days in late March upended global trade and created a bottleneck of nearly 400 vessels unable to meet their contractual delivery obligations. Today, even as ships pass freely through the critical waterway that carries 12 percent of the world’s trade volume, businesses […]

Companies Gain Legal Ground in COVID-Related Business Interruption Insurance Claims by Daniel Hughes, CPA/CFF, CGMA, CVA


Posted on December 22, 2020 by Daniel Hughes

It has been nine months since millions of businesses were forced to shut down due to COVID-19 only to learn that their insurers would not payout claims for business interruption losses. While the courts have dismissed a significant number of legal actions filed by policyholders against insurers for breach of contract, it appears the tides […]