Frank, Juengel & Radefeld, Attorneys at Law
Local: 314-282-8657
Toll Free: 800-748-2105

Forensic accounting takes on larger role in fraud investigations

Forensic accounting has begun to play a much more significant role in many criminal cases. When accused of a crime, it is vital to plan for this investigation to develop a more thorough defense.

Many companies employ forensic accountants to find any irregularities or signs of fraud. In many cases, these accountants go through transactions to find any signs that abuse or misuse has occurred. Investigations can often unearth clues that could provide the evidence necessary to convict a person or let someone off the hook.

Where do forensic accountants look?

Forensic accountants will look over a company's financial transactions for discrepancies. This also involves examining other accounts where money went, such as a travel account where an employee can hide various assets. Additionally, forensic accountants have increasingly begun to utilize social media to discover other pieces of evidence. For example, an employee who stole money from a company may not brag about the theft online, but the employee may brag about purchasing a new car that is well above what he or she could afford on salary alone.

How do forensic accountants help a case?

In a majority of cases, there is rarely a smoking gun. Instead, forensic accountants look for small pieces of evidence. The prosecution can then take all these smaller fragments and create a broader picture of what transpired.

Can forensic accountants help you?

Although forensic accountants can benefit the prosecution, it is also possible for your own legal team to utilize an accountant's services for your advantage. This can help reveal evidence that exonerates you from the crime if transactions exist that show you were not the one who committed fraud. An attorney and forensic accountant will also provide you with other details to help your case, such as advising you to avoid destroying evidence that could imply guilt.

No Comments

Leave a comment
Comment Information
AV Preeminent The National Trial Lawyers Super Lawyers Top 50 Avvo Rating Avvo Rating 10
The Bar Association Of Metropolitan St Louis Illinois State Bar Association St Louis Business Journal National Association Of Criminal Defense Lawyers The Missouri Bar
St Louis County Bar Association Up Coming Missouri Association Of Criminal Defense Lawyers
Contact us for a consultation

Ready To Protect Your Rights

We invite you to make an appointment with us to discuss your legal needs. You can reach us online or by calling us at 314-282-8657.

We provide representation in Missouri, Illinois and federal courts across the nation. Lawyers from around the country refer clients to us, knowing we will deliver the superior level of representation to their clients they would expect from themselves.

Receive the trusted counsel you deserve. Contact us for a consultation.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

7710 Carondelet Avenue
Suite 350
St. Louis, MO 63105

Toll Free: 800-748-2105
Phone: 314-282-8657
St. Louis Law Office Map