Keeping Up With The Cryptos

Here’s part 1 of 3 articles taken from a fantastic write-up on emerging challenges with Cryptocurrencies, blockchain and distributed ledger technologies from a Federal Receiver’s perspective. Download the full article here. Get the full NAFER Newsletter where this article appeared here. Keeping Up With The Cryptos, Cryptocurrencies Likely The Best Fraud Show in 2018 (part […]

5 Best Practices for Fraudulent Transfer Litigation

Assembling a database of independently sourced transaction evidence is critical for any Fraudulent Transfer or Financial LItigation.  Gregory Hays, CTP, CIRA, President NAFER, recently published some guidance as a chapter of a recent publication called Fraud and Forensics, Piercing Through The Deception of a Commercial Fraud Case.  This blog contains a few excerpts from the […]

A New Era in Financial Transparency

By Chris McCall, Cofounder Detailed financial and accounting data has historically been, for the most part, hidden behind a veil of complexity.  Before the explosion of compute power and plummeting data storage costs, corporate accounting generated too many transactions and too much data for management to consider every transaction in real time. Necessity being the […]

Cash Flow is Everything

By Tod McDonald, CPA, CFF/CFE, CIRA, Cofounder If there’s one lesson I’ve learned working on hundreds of clients in dozens of different industries, cash flow is everything. Standard accounting procedures if controlled properly, do a fine job of tracking how/where money is made and spent. However, after spending a lot of time with distressed business […]

Investigating A $140 Million Fraud

Investigating A $140 Million Fraud By Tod McDonald I had the honor of working directly for the case trustee (Mark Calvert, who is an investor in VALID8) for the Meridian Funds Ponzi Scheme case back in the mid-2000’s.  Here’s a quick overview of the detailed work accomplished to answer the simple question, “Where did the […]

3 Best Practices To Establish Command And Control Of Cash Flow For Chapter 11 Commercial Bankruptcies

By Tod McDonald A trustee’s chapter 11 commercial bankruptcy case objectives are simple. Ensure everyone associated with the case follows adheres to the laws established for federal bankruptcy court. Maximize the return and payment to creditors and stakeholders. To achieve these goals, one thing matters more than anything else, establish command and control of the […]