White-Collar Crime & Ponzi Scheme Forensics in San Jose, CA
Imagine investing in a San Jose, CA, company or non-profit organization to find the establishment’s members pocketing your contributions. Perhaps they produced false receipts claiming they used these funds legitimately while funneling another investor’s money to pay returns (a Ponzi scheme scenario). Understandably, you may be skeptical, but if you suspect you’re witnessing fraudulent activities, you should consider white-collar crime forensics to seek justice.
Imagine investing in a San Jose, CA, company or non-profit organization to find the establishment’s members pocketing your contributions. Perhaps they produced false receipts claiming they used these funds legitimately while funneling another investor’s money to pay returns (a Ponzi scheme scenario). Understandably, you may be skeptical, but if you suspect you’re witnessing fraudulent activities, you should consider white-collar crime forensics to seek justice.
Business Bankruptcy in San Jose
While white-collar crimes involve no physical harm, they’re far from victimless. Fraudulent activities will easily cause a company to file for bankruptcy, with people losing billions. The public also learns to mistrust institutions as these nefarious activities take their toll, which hurts legitimate companies.
The first step in forensic investigations is gathering professional auditors, investigators, and forensic accountants to scrutinize important documents and interview witnesses. Then, other teams step in to analyze the data in more depth.
Forensic Accounting in San Jose, California
Investigators and analysts like Sugarman & Company LLP employ certain techniques in white-collar crime forensics and financial fraud in San Jose, CA. For instance, these auditors may use software to effortlessly sort through data.
Forensic accountants can locate anomalies in company records. One popular examination they use includes an Anti-Money Laundering system, which compares transaction patterns to AML standards in a bid to uncover and bar laundering attempts. They also use the following, to name a few:
- Data recovery services
- Email analysis
- Forensic imaging and preservation
In particular, preventative forensics is vital in the San Jose area, with the county as the wealthiest in all of California and even in the United States. It has the highest cost of living statewide and houses companies and headquarters, including Adobe, eBay, and PayPal. San Jose is also ranked as the 18th biggest United States Foreign Trade Zone for domestic and foreign merchandise.
If you’re a criminal defense attorney, consider working with Sugarman & Company LLP through your case. From forensic accounting to expert witness services, we can be by your side. Contact us for white-collar crime forensics in San Jose, CA, and the surrounding areas today!