Litigation, Fraud & Forensic Services

VonLehman's Litigation Fraud & Forensic Services Group is committed to protecting and recovering clients' assets. As highly skilled forensic accountants, we provide specialized litigation support, forensic accounting and fraud prevention and investigation services to closely held businesses and law firms throughout the region.  With offices in Kentucky, Ohio and Indiana, we support clients throughout the Midwest.

Litigation Support & Expert Witness Services

When a case goes to trial (and often during pre-trial settlement negotiations), our litigation support team works closely with the retained law firm to build a compelling case. We begin by investigating, analyzing and interpreting complicated financial evidence. Very often, we act as expert witnesses – something few accounting firms are equipped to do. We also serve a vital role by:

  • Locating important documents, uncovering hidden data or transactions, searching for unrecorded income and reconstructing incomplete or inaccessible records
  • Preparing detailed business valuations, considered "an art and a science" by the National Association of Certified Valuation Analysts
  • Quantifying economic damages such as the loss incurred from a breach of contract
  • Supporting discovery and trial preparation, often by drafting probing deposition questions
  • Preparing formal reports, exhibits and visual aids to support trial evidence
  • Evaluating the opposing expert witness's

Our exceptional ability to convey complicated financial, accounting and tax information in a clear, concise manner makes us a valued ally in the courtroom.

Forensic Accounting Beyond the Numbers

Our forensic accountants look beyond the numbers to deal with the business reality of a contested situation. We draw upon our accounting, auditing and investigative skills to gather and present the financial evidence needed to resolve or refute a case. Throughout each engagement, we work diligently to control reputation damage, resolve adversarial proceedings, minimize business interruption and limit economic loss.

Our practical, in-depth analysis has a wide variety of applications, including:

  • Criminal and civil investigations
  • Shareholder and partnership disputes
  • Business interruption, property loss and employee dishonesty insurance claims
  • Business or employee fraud investigations
  • Marital disputes, often focusing on tracing and evaluating assets
  • Business economic losses linked to contract disputes, construction claims, expropriations, product liability claims, trademark and patent infringements or breach of non-compete agreements
  • Professional negligence investigations
  • Mediation and arbitration

Certified Fraud Examiners

VonLehman is committed to keeping our clients' assets safe from fraud and abuse. As Certified Fraud Examiners, we specialize in the detection and deterrence of a wide variety of white-collar crimes – from employees who misappropriate company assets to investors who are defrauded in commercial transactions.

Fraud Examination: The motivation for a fraud examination varies from client to client. Some clients request an examination to identify internal controls needed to prevent fraud. Others enlist us to gather evidence for a specific purpose to:

  • Determine if fraud is occurring
  • Support a criminal or civil action
  • Terminate a dishonest employee or defend an accused individual
  • Support an insurance claim
  • Determine if assets or income were hidden by a party to a legal proceeding

Fraud Detection: Evidence of fraud is often hidden in procedural and operations records. Our fraud detection and forensic accounting team has the investigative training to uncover subtle discrepancies that are easily overlooked. Our process starts with a detailed review of an organization’s books, electronic and print files and bank records. It also includes personnel interviews, assessment of internal controls and careful observation of practices, procedures and behaviors that can signal unlawful action.

Fraud Prevention: Our fraud prevention team assesses the efficiency of existing internal controls – the most important deterrent to most types of occupational fraud. We look for controls that are missing or can be overridden, then make recommendations for improvement. Our list of fraud controls is always changing to reflect the latest advances in technology and information access. It covers a wide range of financial, human resource and management practices, including:

  • Limiting access to company mail to prevent unauthorized appropriation of cash receipts
  • Limiting access to account receivable records
  • Limiting access to payroll systems and records
  • Ensuring that electronic or printed bank statements are viewed only by the owner/manager
  • Limiting access to inventory, counting it regularly and monitoring gross profit
  • Periodically reviewing the vendor list to verify account payables
  • Limiting the number of check signers and reviewing supporting documentation
  • Accounting for sequences in checks, invoices and other pre-numbered items
  • Requiring supporting documentation before approving general journal entries
  • Monitoring exception reports of unprocessed transactions
  • Monitoring budgets monthly
  • Establishing reasonable performance targets
  • Performing background checks on all new employees
  • Requiring uninterrupted employee vacations and rotating employee responsibilities
  • Noting sudden changes in employees’ attitudes, behaviors or lifestyles
  • Providing employees with a way to report fraud or abuse anonymously
  • Being clear with employees about behavioral expectations
  • Taking strong action against individuals who commit fraud
  • Conducting business at a high ethical standard
  • Obtaining reasonable fidelity bond coverage

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