Employee Embezzlement 2

In 2010 FRGi was retained by a luxury brand car dealer with multiple locations to assist in the investigation into possible embezzlement by an employee. Working virtually around the clock for two days it was discovered that the suspected employee had indeed forged checks, altered business records, set up numerous d/b/a accounts and directed a significant portion of the embezzled funds to purchases from another dealer. Further forensic review indicated that the amount of the embezzlement exceeded $1.2 million. We coordinated with the U.S. Secret Service in the criminal prosecution and continue to assist in litigation support with ongoing civil suits.

Assets Deployed: Forensic Accounting, Asset Tracing, Law Enforcement Cooperation, Litigation Support and Financial Research.