The discovery of employee theft is just the starting point of a fraud or embezzlement scheme.  A comprehensive fraud, embezzlement or forensic accounting investigation is necessary, in most cases, to quantify the amount that was taken.

J. Richard Claywell, CPA has co-authored a fraud deterrence course that is offered through the International Association of Consultants, Valuators and Analysts.  This course is designed to assist employers in preventing fraud from occurring.

Whether you are a business wanting assistance in quantifying a loss or an insurance company wanting assurance or verification of a claim, J. Richard Claywell, CPA has the training and experience to assist you.

Some of the typical fraud schemes include asset misappropriation and fraudulent disbursements.  A sampling of these schemes include:

  • Billing schemes
  • Payroll schemes
  • Expense reimbursement schemes
  • Check tampering
  • Shell company
  • Fictitious employees
  • Fictitious vendors
  • Mischaracterization of expenses
  • Skimming and larceny
  • Commission schemes
  • Overstated expenses
  • Forged endorsement
  • Personal purchases
  • Fictitious expenses
  • Altered payee
  • Falsified wages
  • Multiple reimbursements
  • Concealed checks
  • Inventory theft