Stay informed with the latest insights and perspectives from Withum.
Today, most financial data and records exist in electronic form, and while this digital transformation offers benefits for businesses in terms of efficiency and productivity, it also creates another layer of evidence that must be properly examined when performing any type of forensic investigation. At Withum, our Digital Forensics/eDiscovery and Forensic and Valuation Services teams…
Withum is excited to share that John Sheehy, JD, and Principal within the Forensics and Valuation Services Team, will lead the Firm’s Investigative and Corporate Intelligence Services Group. Formerly a Special Agent, Crisis Negotiator and Supervisor at the Federal Bureau of Investigation, John has a complex and comprehensive understanding of white-collar crime and fraud. At…
In March of 2022, after President Biden’s State of the Union Address, we summarized increased efforts specifically related to the Paycheck Protection Program (“PPP”) and other pandemic relief fraud. Now a year later, President Biden has doubled down on the government’s efforts to fight pandemic-relief fraud. President Biden’s Proposal to Greatly Expand Resources President Biden…
The Association of Certified Fraud Examiners (“ACFE”) 2022 Report to the Nations estimates that the average organization loses 5% of its annual revenue to fraud each year, causing a median loss of $117,000 before being detected. Occupational fraud committed by individuals against their employers is not an emerging concept but it is clear that the…
A close working relationship between the forensic accountant and counsel is critical to the success of any investigation whether defense or prosecution and requires planning and participation from both sides. In fact, it is important that accountants and lawyers think of themselves as a team throughout each phase of the investigation. With complex white-collar cases,…
Jessica Hollobaugh, Partner and Market Leader, Forensics, Investigations, and White-Collar Criminal Defense, Jonathan Schnatz, Principal Forensics, Investigations, and White-Collar Criminal Defense, and Matthew Walsh, Partner and Market Leader, COVID-19 Financial Assistance Services were featured on Fox Rothschild’s Podcast Series: The Presumption of Innocence. Episode 1: The Anatomy of a PPP Fraud Investigation Episode 20: Pitfalls…
