Fraud Investigation & Fraud Examination

Overview

Sequence Inc. assists with financial analysis of situations in which fraud is suspected. These can include corporate fraud, employee dishonesty, insurance fraud, spousal dishonesty, and other suspicious transactions or situations.

Our fraud examination services differ significantly from the services of a "traditional" accounting firm. Our fraud analyses include a critical element: an intuitive ability to investigate fraud. While traditional accounting firms may have expertise in a particular industry, they do not necessarily have the experience to perform a competent investigation.

Services Provided

Investigation of theft of company financial resources

Analysis of complex transaction flows

Records reconstruction

Quantification of fraud losses

Investigation of financial reporting irregularities

Insurance claim analysis

Determination of financial motive

Discovery of unreported income or assets

Analysis of purchasing or kickback schemes

Examination of bribery and corruption matters

Analysis of accountants' work papers and work programs

Pyramid Schemes and Multi-Level Marketing (MLM) Companies

The originator of the pyramid scheme, Charles Ponzi, knew a good thing when he saw it. A good thing, that is, for the people at the top of the pyramid!

A pyramid scheme (also known as a Ponzi scheme) is a scam in which people pay money to join, and then receive money when they enroll others in the plan. A pyramid scheme is generally not sustainable in the long run, as an ever-increasing number of new associates are required in order for the older associates to continue to receive money.

Tag: Pyramid Schemes & MLM

Misappropriation of Fiduciary Duty

Whether in employment, family, or other situations, people and businesses entrust others to handle their finances in an appropriate manner. Sometimes theft occurs. Sometimes decisions are made that are not truly in the best interest of those who relied upon the decision-maker to help them.

Financial Statement Examination

Sequence Inc. examines and evaluates financial statements, related schedules and notes, and other public company filings for potential red flags of fraud. During this examination, we will evaluate the quantitative and qualitative aspects of the financial statements and related filings. Our work with investment analysts and other interested parties is done on a confidential basis.

Fraud Consulting

Tracy L. Coenen, CPA, CFF provides specialized fraud consulting services to private and public companies. Clients are able to tap into her anti-fraud experience to supplement in-house audit and accounting staff.

Fraud Investigation & Fraud Examination

Pyramid Schemes and Multi-Level Marketing (MLM) Companies

Misappropriation of Fiduciary Duty

Financial Statement Examination

Fraud Consulting

Red Flag Review of Financial Statements