Hays has extensive experience in investigating and recovering funds associated with alleged fraudulent activity. We investigate alleged fraud through various techniques including forensic accounting, funds tracing, asset searches and electronic data discovery. Documents and electronic records are researched using both internal and external sources to unravel the alleged fraud and identify hidden, lost or stolen money, investments and hard assets.
Once the alleged fraud is identified, we work closely with legal counsel to provide litigation support and serve as witnesses, as appropriate. We are extensively involved in recovering and disposing of assets to maximize the fraud victim’s recovery.
Forensic Accounting and Funds Tracing
We have extensive experience and expertise in investigating alleged fraud and tracing funds through the alleged fraudster’s web of corporate entities and bank accounts. We have developed specific funds tracing procedures and expertise and use these techniques to quickly follow the money trail. We prepare detailed funds tracing database reports and verify accounting records to trace funds through hundreds of bank accounts, eliminating all transfers between companies and accounts to provide a report of the ultimate sources and uses of funds.
Forensic Data Recovery / E-Discovery
Hays utilizes electronic data discovery techniques (E-Discovery) to search for electronic digital evidence critical in investigating fraudulent activity and recovering funds. In almost every case, our forensic team begins to recover and preserve electronic data on the day of our appointment. E-Discovery saves investigation costs and reduces the costs to identify and recover funds. We use state-of-the-art software and hardware to preserve, recover and analyze electronically-stored information from hard drives, CD’s, DVD’s, USB drives, PDA’s, and cell phones. Specialized software and processes are used to recover hidden, encrypted, password-protected or deleted files from the electronic data. Hays is experienced in harvesting and preserving electronic data to protect and to assure its admissibility in court.
Forensic Accounting Experience: