www.BackgroundNow.com, Informed Networks Corporation
Industry: All Other Information Services

Why Fraud Investigators Are Celebrities

Posted By Lee Hill | 12:17pm |

The boom in fraud investigation started during the bust of an
economy zealous over new technologies, new possibilities and at the
unravelling of some companies out of control such as Enron, Tyco,
HealthSouth and WorldCom.  Forensic accountants were called forth to
locate well concealed and complicated money trails, map these trails
and make them clear to others in judicial proceedings.  They did that
successfully and, in so doing, helped restore market order.  That's how
fraud investigators became celebrities.

After 9/11, other forensic accounting teams have been at the front lines of unraveling networks of terrorist funding.

According
to Toby J. F. Bishop, CFE, CPA, FCA and President and Chief Executive
of the Association of Certified Fraud Examiners, forensic accountants
have deep training and experience.  Their value may not be fully
understood and appreciated.  Areas of value can include determining
damages in contract disputes, intellectual property infringement,
environmental claims and estate and family disputes.  Many other
forensic accountants are business valuation experts.  Some also have
qualifications as economists and statisticians involved in the complex
modeling of damages.

Have you met Mark Padilla Viau yet?  He is an associate at
www.BackgroundNow.com and a Master of Professional Accounting (MPAcc).,
B.S. Finance, Certified Fraud Examiner (CFE), Certified Internal
Auditor (CIA), with Top Secret Clearance.

Go to www.BackgroundNow.com to find out more about Mark or call us to schedule a tele-conference.