Categories: eDiscovery
Anti-Money Laundering and Financial Crime Expert Witness
Financial Crime
Expert Testimony
Anti-Money Laundering
eDiscovery
In connection with a law suit brought against a financial institution, White Collar Forensic worked together with a team of AML compliance, investigative, legal and technology subject matter experts to assist a testifying expert in connection with a report about anti-money laundering failures that allowed a pattern of criminal conduct to continue unchecked. The work revealed evidence of substantive non-compliance, management override of controls and other acts that allowed a pattern of criminal conduct to go on for several years. The team's work contributed to counsel's ability to enter into a favorable settlement before trial.
Channel Stuffing Investigation
eDiscovery
Accounting Fraud
Complex Investigations
Forensic Accounting
A publicly traded consumer products company was suspected of having inflated its revenues by relaxing its return policy to the point where many of its sales looked more like consignment goods than actual sales where it would be permissible to record them as such. The investigation included collecting and analyzing millions of internal communications, accounting records, shipping invoices, bills of lading, delivery manifests, returns, rebates and other documentation of sales and the movement of finished goods inventory to its distributors. The investigation and forensic accounting work performed provided outside counsel with sufficient information to demonstrate that the allegations of channel stuffing were unfounded and the SEC closed its investigation with no action.