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Consumer Fraud Expert Witnesses

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Thomas A. Tarter
16311 Ventura Blvd., Suite 1060
Encino CA 91436
phone: 818-380-3102
fax: 818-616-4357
Thomas A. Tarter, President of The Andela Consulting Group, Inc., Management, Financial and Advisory Services Involving Corporate Governance, Management, Compensation, Financial and Banking Matters.

He has served on boards, assisted in corporate restructures and provided advisory services to a diverse group of clients including corporations, law firms, financial institutions and government agencies - including U.S. Small Business Administration and FDIC. Involved in over 1000 cases - national and international.

Areas of Expertise:
  • Bank Operations -Check processing forgery, kiting,ID Theft, Ponzi schemes
  • Lending Standards - Commercial and R/E Loans
  • Consumer and Subprime Lending, Underwriting, Loan Servicing, Foreclosures / Credit Damages
  • Guarranties/Lender Liability
  • FCRA and Collection Practices
  • Bankruptcy
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Robert Archuleta
P.O. Box 1409
Woodbridge CA 95258
phone: 209-952-4081
fax: 209-952-4081
Archuleta & Associates Investigative Services, a Division of Archuleta & Associates, Inc., has been providing investigative services within various industries since 1982. They are the overwhelming leaders within the CA Central Valley.

The clientele of Archuleta & Associates, Inc. consists of every level of business, from both the private and public sector. Due to the wide range of services provided and their 25 years within the industry, they have worked with an extremely diverse and vast clientele base, from the largest of litigation firms to the smallest of personal clients.

Robert A. Archuleta launched his career as a Private Investigator in 1983, after five years as an officer, investigator and sergeant for the Lodi Police Department, followed by stints as an engineering contractor and a deputy U.S. Marshal. Among his other clientele, Mr. Archuleta has been as an Expert Witness for the Department of Consumer Affairs for the State of California.

Services Include:
  • Accident Reconstruction
  • AOE / COE
  • Civil Litigation
  • Copyright Infringement
  • Criminal Defense
  • Criminal Prosecution
  • General Engineering
  • GPS Location / Tracking
  • Insurance Bad Faith
  • Insurance Defense
  • Seminar Training
  • Surveillance
  • Traffic Reconstruction
  • Video Evidence
  • Voice Stress Analyzation
  • Workers Compensation
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    J.F. Chip Morrow
    Nationwide coverage
    San Antonio ALL States 78261
    phone: 866-365-7212 (Toll Free)
    fax: Toll free 866-869-4062
    Profile: 47+ yrs experience in financial, mortgage & business institutions including 17+ President, CEO & Director & 6+ director of a mortgage company. 15+ years of leadership/ directorships in national & state trade associations. Over 500 federal & state nationwide cases i for FDIC, FannieMae, financial institutions, mortgage companies, businesses, non-banks, individuals. Services provided: consulting, depositions, reports, affidavits & court testimonies.

    Expertise: Financial Institutions, Mortgage Institutions, Business, Real Estate. Residential mortgage loans,construction loans, commercial real estate loans, business loans, SBA; Operations; Fraud; Lender Liability; Policy & Procedures; Fiduciary Duties, D & O conduct, Other. Reports, depositions & court testimony in Federal, Bankruptcy & state courts.

  • 500+ nationwide cases working both for defendants and plaintiffs.

  • 20+ years of in-house, industry, and outside expert witness experience.

  • 75+ depositions taken and 35+ court appearances in both Federal and state courts.

  • Clients: FannieMae, FDIC, Freddie Mac, FHA, VA, Viacom, Wells Fargo Bank, State of CA, Bank of America, Amex, Citicorp Mortgage, Washington Mutual, Bank One, Long Beach Mortgage, EMC Mortgage, JPMorganChase Bank, PacifiCare, Beal Bank, Avnet, Fidelity Title & First American Title

  • Approximately 50% of cases are for financial institutions, 40% against financial institution and 10% are other.

  • Serving clients nationally— 40% plaintiffs and 60% defendants.

  • Resume, fee information and references provided on request.
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    Bob Lawson, Securities Expert & FINRA Arbitrator
    Securities Fraud Investigator
    3800 American Boulevard West
    Suite 1110
    Bloomington MN 55431-4460
    phone: 800-741-0704
    fax: 952-835-1504
    Bob Lawson Wealth Manager Expert PhotoCertified Fraud Examiner LogoBob Lawson, AIF®, CFE®, RFC®, LUTCF is a Securities Expert Witness and Wealth Manager serving both claimants and respondents in FINRA arbitration, mediation and court settings. Bob Lawson has over 32 years of experience with securities, investments, insurance, and commodities as a financial adviser, supervisor, and managing principal. He has conducted over 500 presentations, classes, and workshops on financial matters for industry professionals, adult education, and retail investors. He is an articulate and persuasive presenter with a thorough understanding of FINRA and SEC Rules and Regulations. He proudly serves as an Accredited Investment Fiduciary, ERISA (3)-21 Investment Fiduciary, Certified Fraud Examiner and Qualified Neutral under Rule 114 of the Minnesota General Rules of Practice. - Arbitration & Mediation.

    Bob’s expertise lies in meticulously analyzing compliance manuals, correspondence, exchange rules, industry norms, and internal policies which are relevant to the particular case. He understands the ethical issues that frequently arise and will identify specific rules, laws, and regulations from Federal, State, and SRO’s where violations may have occurred.

    Bob is uniquely positioned to to assist investment adviser and broker-dealer clients, as well as State and Federal Regulators, with matters throughout the litigation life cycle from a pre-litigation complaint, mediation, through testifying at a hearing.

    Bob is focused on providing exceptional written reports, depositions, direct testimony, cross-examination, and litigation support. He has completed specialized expert witness and fraud training from prominent organizations and experts on relevant subject matter.

    Firms that retain him will receive unbiased advice supported by extensive and detailed research and not subjective hypothetical theories.

    Areas of Expertise:
    • FINRA & SEC Regulations
    • Breach of Fiduciary Duty
    • Promissory Notes
    • Securities Fraud Investigations
    • Ponzi Schemes
    • Options, Stocks & Bonds
    • Due Diligence
    • FINRA Arbitration
    • Professional Malpractice
    • Economic Damages & Losses
    • Employment Discrimination & Termination
    • Litigation Consulting
    • Unbiased Case Analysis
    • Discovery Review & Recommendations
    • Portfolio Risk Reports
    • Securities Fraud Investigation
    • Damage Calculations
    • Expert Testimony
    View Bob Lawson's Consulting Profile.
    9/23/2015 · Finance
    I receive phone calls throughout the year from attorneys who have taken on their first FINRA case and they frequently are unaware how the FINRA Dispute Resolution process differs from other venues. I thought it would be helpful to provide a quick overview for new participants and a refresher for those more experienced securities attorneys on how the FINRA Arbitration and Mediation process works.

    8/26/2015 · Finance
    In FINRA-related cases many attorneys see discovery requests objected to by opposing counsel. Typically, opposing counsel objects to discovery requests citing that items requested are either "overly broad, vague, or ambiguous", or "impermissible per FINRA's Code of Arbitration Procedure". However, despite opposing counsel's reasoning, many objections to discovery requests are irrelevant and do not hold up in regard to FINRA's Code of Arbitration Procedure. Attorneys should not be intimidated or discouraged by these objections, but rather should understand that FINRA's guidelines concerning arbitration allow for most applicable and reasonably obtainable discovery information to be delivered.

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    Dr. Larry Chiagouris
    333 East 80th Street, Suite 2C
    New York NY 10075
    phone: 917-902-2610
    Dr. Larry Chiagouris has a rare combination serving as a senior Fortune 500 executive and as an accomplished academician. He has provided expert testimony and written opinions on damages, marketing, advertising, intellectual property issues (including the use of survey research) for plaintiffs & defendants at major national & local firms.

    Experience summary:

    • Experience evenly divided between plaintiff and defendant engagements over 25 cases

    • Several cases include elements of intellectual property issues

    • Majority of cases involve elements of consumer behavior or survey research

    • Majority of cases involve elements of advertising related strategies and tactics

    • Majority of cases involve elements of Internet related tactics

    • Majority of cases involve written opinions and depositions

    • Written and oral testimony in several Federal District Court jurisdictions

    • Engaged by both large multinational law firms and small boutique firms

    • Class action cases evenly divided between plaintiffs and defendants

    Selected by Agency Magazine as one of 10 best and brightest researchers. He brings extensive experience as a Senior Marketing, Branding and Research Executive responsible for directing major assignments for companies such as AT&T, Campbell Soup, Kraft, Miller Brewing, Peugeot, Pfizer, Prudential and Visa.

    He has a Ph.D. in Marketing, is Past Chairman, Advertising Research Foundation and Former Director of the American Marketing Association.

    8/7/2009 · Market Research
    Survey research is used to provide greater levels of understanding in a wide variety of disputes. Issues such as consumer confusion, misleading advertising claims, disparagement, copyright infringement and trademark disputes can be better assessed as a result of developing and executing survey research. The purpose of this monograph is to aid attorneys in understanding what research standards and guidelines might be relied upon in their use of survey research.

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    Robert J. Heller
    5955 FM 66
    Maypearl TX 76064
    phone: 972-351-6350 (Office) 817-269-9168 (Cell)
    Robert J. Heller, Partner in CKC Consulting’s Forensics and Investigations practice, oversees a team of computer forensics and investigative experts, as well as the integration of new and sustainable business development. His training in electronic discovery, electronic evidence preservation and analysis, and his work as a testifying expert in computer forensics, lends exceptional depth to CKC’s position as a global first responder.

    Background - Prior to creating CKC, he was a managing director at Spartan Investigative Group where he was responsible for building Spartan’s Dallas, Texas practice. Before joining Spartan, he was a managing director and office head at Kroll, a global cyber security, e-discovery and forensic technology firm.

    Litigation Support - Mr. Heller has over 15 years of experience specializing in Discovery, Electronic Discovery, Data Recovery, Incident Response, Data Breach, Social Media Forensic Collection and Analysis, Computer and Cell Phone Forensics, and Litigation matters.

    He has been trained in the procedures used by most federal law enforcement and military agencies to preserve, process, and evaluate computer evidence. He has more than sixteen years of computer hardware and software repair experience.

    Mr. Heller has served as an expert witness and investigator in complex cases involving electronic data and the disputes which arise from this data in a business and network environment.

    Areas of Expertise:
    • Proactive Fraud Investigations
    • Deleted File Data Recovery
    • Hidden Data Recovery
    • Fraud Detection and Analysis
    • E-mail Recovery / Examination
    • Preservation / Discovery of Electronic Evidence
    • Computer Forensic Software, EnCase 1.x-7.x, FTK
  • Electronic Discovery
  • Computer Forensic Investigations
  • Evidence Collection and Preservation
  • Incident and Data Breach Response
  • Network Administration
  • Cell Phone Forensic Preservation, Analysis
  • Defeating Password Protected Data
  • View Robert Heller's Consulting Profile.
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    Decision Validation , LLC
    Peter Wade
    Suite 1449
    1941 Raccoon Lane
    Myrtle Beach SC 29575
    phone: 843-492-6961
    fax: 843-492-6961
    Peter Wade is a Federal court qualified expert in Postal Procedures and Postal Inspection Service policies, investigative methods and techniques. He has twenty-five years of experience with the U.S. Postal Inspection Service, eight years as a postal inspector and seventeen years in supervisory and policy-making positions. Mr. Wade also has two years of experience as postmaster of San Juan, PR. He has provided expert opinions in numerous federal and state court matters regarding postal criminal investigative procedures and USPS policies and procedures.

    1/15/2016 · Postal Services
    Both plaintiffs and defendants are often frustrated because official USPS records of the disposition of Certified Mail are only retained for two years. Often, litigation in a matter does not even begin until more than two years after the situation being litigated have passed.

    4/29/2015 · Postal Services
    Recently I have had several firms ask me if they could use USPS Form 152 instead of the more costly Certified Mail most commonly used to provide proof of receipt. The short answer is no.

    12/8/2011 · Postal Services
    The United States Postal Service offers two services which document that a letter has been placed in the mail at a certain place on a certain date; Certified Mail and a Certificate of Mailing.

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    East Coast Fraud Examiners
    Robert F. Murphy, CFE
    184 East Central Street
    Natick MA 01760
    phone: 617-335-1737
    Robert F. Murphy, CFE, is an executive level professional with expertise and success in numerous cross-functional areas of Fraud including:
    • Fraud Investigation
    • Asset Misappropriation
    • Financial Institution Fraud
    • Loan, Real Estate, Mortgage Fraud
  • Credit Card Fraud
  • Insurance Fraud
  • Consumer Fraud
  • Contract and Procurement Fraud
  • Litigation Support - Mr. Murphy provides services as a Forensic Fraud Expert Witness and Consultant in any fraud dispute resolution process, including civil, criminal and administrative to attorneys representing both Plaintiff and Defense. He has extensive knowledge of criminal prosecution. Over the course of 27 years, Mr. Murphy has testified in over 400 criminal proceedings, including Judge and Jury Trials, Traffic Court, Juvenile Court, Probable Cause Hearings and Motion to Suppress Hearings. At the administrative level, he has testified in District, Superior and Federal District Courts.

    Mr. Murphy performs thorough professional, technical, fact-gathering engagements with a genuine and natural personality. His experience with judge and jury trials, in addition to his competent knowledge of fraud, gives him the ability to teach (the trier of fact) in a believable manner. Mr. Murphy's preparation for the Dispute Resolution Process allows him to enthusiastically demonstrate and persuade without advocacy.

    View Robert Murphy's Consulting Profile.
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    Andrew F. Richards, CFS
    2199 Almanack Court
    Pittsburgh, PA 15237
    phone: 412-722-8380
    Andrew F. Richards, CFS is a recently retired federal agent with over 25 years’ experience investigating White Collar Crimes. As head of the Fraud Section of the U.S. Postal Inspection Service, he handled almost every type of scheme and scam committed on businesses, government entities, and individuals. Prior to his federal experience Andrew was a Reading (PA) police officer for five years in. He has a BA in Criminal Justice and a Master’s Degree in Criminology.

    As a National Fraud Subject Matter Expert (SME) for USPIS and supervisor of the Financial Crimes/Major Crimes section, a nationally recognized multi-agency task force, Mr. Richards supervised task force members from the FBI, US Secret Service, US Treasury- Inspector General, US Attorney’s Office, PA Attorney General’s Office, and many more. He has covered criminal conduct in both the Western District of Pennsylvania and the Northern District of West Virginia.

    Areas of Expertise:
    • Internal and External Corporate Investigations
    • Fraud and Theft Investigations
    • Whistleblower / Qui Tam Actions
    • Corporate Fraud
    • Commercial Corruption
    • Investment Fraud
    • Health Care Fraud
    • Worker's Compensation Fraud
    • Mortgage Fraud
  • Vendor Fraud
  • Extortion
  • Bribery
  • Insurance / D&O Insurance Fraud
  • Political Corruption
  • Employee Investigations
  • Identity Theft
  • Surveillance
  • Computer and Asset Recovery
  • View Andrew Richards' Consulting Profile.
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    EJ Janik, CPA, CFF, CFE
    Plaza of the Americas
    600 N. Pearl Street, Suite 2255, LB 140
    Dallas TX 75201
    phone: 214-720-9192
    fax: 214-720-9193
    EJ Janik Accounting Expert PhotoEJ Janik, CPA, CFF, CFE is a Certified Public Accountant with 33 years of professional experience. He specializes in financial audits, compilations and reviews, consulting for commercial litigation, antitrust matters, engineering and construction matters, real estate, and bankruptcy / business reorganizations matters. Mr. Janik holds a Master of Science in Accounting from Louisiana State University and a Bachelor of Commerce from Rice University. He is a member of the American Institute of Certified Public Accountants and the Texas Society of Certified Public Accountants.

    Mr. Janik has provided over 150 financial audits and consulted in over 615 business disputes. He has provided expert testimony in over 74 matters including trial testimony in 46 trials in 8 states. Mr. Janik's accounting services include Damages/Lost Profit analysis, Forensic Accounting, Fraud Investigations, Fact Finding, Financial Analysis, and Expert Witness Testimony when necessary.

    Litigation Experience:
    • Antitrust/Pricing Issues
    • Audits
    • Bankruptcy Analysis
    • Business Interruption
    • Business Valuation
    • Construction Claims
    • Contract Disputes
    • Cost Determinations
    • Criminal Investigations
    • Damage Analysis/Critiques

  • Debt & Capital Analyses
  • Dispute Resolution
  • Due Diligence
  • Environmental Claims
  • Feasibility Studies
  • Forensic Accounting
  • Fraud Investigation/Analysis
  • Hazardous
  • Waste/Remediation
  • Insurance Claims

  • Lost Profits
  • Mergers & Acquisitions
  • Real Estate
  • Royalties, Commissions, Income
  • Solvency
  • Superfund/Environmental Claims
  • Tracing
  • Valuations
  • Wastewater
  • White Collar Crimes
  • Mr. Janik is also uniquely qualified to measure construction claims and damages. With over 11 years of construction experience, he has accumulated over 13,000 Engineering and Construction (E&C) auditing hours, 10,000 E&C consulting hours, and 15,000 E&C supervised hours.

    Construction Claims Services include:
    • Acceleration
    • Change Orders
    • Costs
    • Defective Plans
    • Differing Site and Concealed Conditions
    • Direct Costs
    • Disruption
    • Evaluating Claims
  • Indirect Costs
  • Overhead
  • Payroll Fringe Burdens
  • Profit
  • Pre-Qualification Filings
  • Superfund / Hazardous Waste Sites
  • Terminations
  • Other Construction Issues
  • View EJ Janik's Consulting Profile.
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    Stacy A. Kinsel, CPA/ABV/CFF, CFE
    215 North Marengo Ave., Ste. 145
    Pasadena CA 91101
    phone: 818-265-9714
    Stacy A. Kinsel, CPA/ABV/CFF, CFE, has been engaged in Forensic Accounting and Economic Damage Analysis for over 20 years.

    Ms. Kinsel earned both her Masters Degree in Accounting and Bachelor of Science degree in Accounting from the University of Southern California. A Certified Public Accountant in the State of California, Ms. Kinsel is Accredited in Business Valuation (ABV) and Certified in Financial Forensics (CFF) by the AICPA. She is also a Certified Fraud Examiner (CFE).

    Litigation Support - Ms. Kinsel has been involved with the preparation and/or review of over 1,000 damage claims. She has been qualified and testified as an expert witness in both Federal and State courts on forensic accounting matters and economic damage calculations.

    Ms. Kinsel's services are available to counsel representing both Plaintiff and Defendant and include preparing expert witness and rebuttal reports, advising in cross-examination of other witnesses as well as critique of other experts’ testimonies and reports, providing expert witness testimony, and participating in alternate dispute resolution proceedings. Her expertise includes the analysis and measurement of economic damages resulting from:
    • Business Interruption Losses
    • Commercial Litigation Disputes
    • Loss of Earnings Calculations
    • Employee Fidelity or Theft
    • First Party Property Claims
    • Corporate Fraud
    • Third Party Claims
    • Product Liability Matters
  • Family Law
  • Wage & Hours Claims
  • Professional Liability
  • Partnership Disputes
  • Elder Financial Abuse
  • Thefts of Cash / Inventory
  • Financial Statement Manipulation
  • Fraudulent Expenses
  • View Stacy Kinsel's Consulting Profile.
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    Nichols J. Smith, Expert Investigator
    See Multiple Addresses Below
    CA USA
    phone: 800-516-2448
    Nichols J. Smith is a licensed, professional Civil and Criminal Investigator who brings extraordinary expertise to PSI. In his 42 years in the investigation business, he has helped solve thousands of cases in the legal, corporate, and law enforcement arenas.

    Mr. Smith has helped attorneys resolve complex criminal, civil, environmental, and fraud related cases and helped corporations in risk assessment, negligent security matters, technical surveillance and counter measures. A court-qualified expert in security and investigations, he is also experienced in felony criminal defense, including capital murder.

    Litigation Support - Mr. Smith has testified in California Superior Courts on the issues of negligent security, premises liability, the adequacy of private security, and asset investigations. In addition to the cases that went to trial, he has testified at deposition in dozens of other cases that were settled prior to trial.

    Mr. Smith is also effective in international cases. He recently helped a Venezuelan Insurance Company successfully locate and secure over $4million US, which had been stolen from them by criminals in Sri Lanka.

    Areas of Expertise:
    • Environmental Litigation Support - PRP / Toxic Tort / Private Party Cost Recovery, Proposition 65 (Safe Drinking Water and Toxic Enforcement Act of 1986)
    • Corporate Fraud, Confidential Corporate Investigations and Difficult Witness / Principal Locates
    • Fraud and Asset Location and Recovery
    • Negligent Security Risk Assessment
    • Technical Surveillance Countermeasures, Debugging
    • Skip Tracing
    San Francisco Office
    548 Market Street #88333
    San Francisco, CA 94104
    Telephone: 805-439-2824, Cell: 949-689-7708
    Los Angeles Office
    10158 Hollow Glen Circle
    Los Angeles, CA 90077
    Telephone: 310-275-8619, Cell: 310-779-6805
    Fax: 310-274-0503

    View Nichols Smith's Consulting Profile.
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    Matthew Roetter
    PO Box 1506
    Hayden ID 83835
    phone: 208-704-4339
    fax: 208-772-4650
    Matthew Roetter has approximately 16 years of experience working in the Fenestration Industry. He provides services nationally and internationally to consumers, attorneys, insurance companies, architects, contractors, and manufacturers.

    Mr. Roetter's fenestration work history includes sales, manufacturing, installation, marketing and service of Pella windows, Hurd windows, Kolbe & Kolbe windows and custom wood curved windows and moldings. He spent much time in the field working closely with architects, building contractors and consumers regarding the proper installation and service of fenestration products. He also has a very unique experience in that he designed and manufactured custom curved wood windows and curved wood moldings, therefore he has a perspective of correct design, manufacture and installation of fenestration products.

    Litigation Support - Mr. Roetter is the foremost fenestration expert in the United States based on the number of his class action cases and his 19 years of experience as an expert witness. He has been retained as an expert or consultant for counsel representing both Plaintiff and Defendant and has never been disqualified.

    Typically he is hired to determine if design, manufacturing, installation, or maintenance defects are the causation of damages.

    Mr. Roetter provides product liability and fraud investigations, forensic analysis of fenestration components, personal injury investigations, and criminal and civil investigations. His services include site inspection, report writing, destructive analysis of fenestration components, case investigation, and expert witness testimony when necessary. Mr. Roetter employs university laboratories to support his opinions.

    For over three years, Mr. Roetter has served as a member of the Idaho Board of Medicine Medical Malpractice Prelitigation Panel. Before a doctor or medical care provider can be sued in an Idaho Civil Court, the case must first be heard by the Prelitigation Panel.

    Recent Cases:
    • Water Infiltration
    • Premature Wood Rot
    • Sealant Failure
    • Seal Failure
    • Personal Injury
  • Inert Gas Loss
  • Manufacturing Defects
  • Design Defects
  • Installation Defects
  • Maintenance Defects
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    Shamrock Consulting
    Marie G. Kerr
    Davidsonville MD 21035
    phone: 410-353-4414
    Marie Kerr Financial Fraud  Expert PhotoMarie G. Kerr specializes in Financial Fraud. She is a Certified Financial Crime Specialist, Certified Anti-Money Laundering Specialist (CAMS), and Project Management Professional (PMP).

    Ms. Kerr is a financial industry veteran with a deep understanding of how financial institutions work. She has served as a Homeland Security Program Advisor and Fraud Detection Subject Matter Expert (SME) and an IT and AML Advisor for a three-bank merger. Her experience includes uncovering the flow of financial transactions through banking application software and banking payment systems, detection of fraud and money laundering, understanding the architecture and data design of software systems and how they can be used to commit financial crimes, and the implementation of COTS products.

    Litigation Support - Marie Kerr provides litigation support strategy and interrogatories for financial crime (fraud) cases involving large international banks. Her cases may involve:
    • Payment Systems
    • Financial Crime / Fraud Detection
    • Anti-money Laundering (AML)
    • Regulatory Issues
    • Bank Secrecy Act (BSA)
  • Compliance Solutions
  • Data Analytics
  • Software Development and Implementation
  • Gap and Data Analysis
  • COTS Products
  • View Marie Kerr's Consultant Profile.
    8/23/2016 · Banking
    The recent guidance (warning, really) from the FDIC1 on the need for financial institutions to perform due diligence when selecting anti-money laundering (AML) software puts the proof of compliance burden squarely on the financial institution. It also points to the need for an enterprise solutions architecture, one that builds on existing structures-how things really are-rather than on pushing through a vendor package. While there is no doubt that commercial off-the-shelf (COTS) products play an integral part in AML compliance, there is also no doubt that AML software depends on the quality and uniformity of data supplied by the financial institution. The systems, data, processes and organizational structure of the enterprise form the infrastructure of compliance, and these must be understood and documented to ensure that the COTS "solutions" are just that. If, for example, a bank wanted to institute an automated customer risk scoring system, there would be many questions that needed answers before software could be selected and installed...

    7/15/2016 · Banking
    A lonely woman falls for a silver-haired gentleman-the face of a criminal enterprise in Africa-in one of the most common romance scams known to law enforcement. She loses her house and her savings. She is devastated both financially and emotionally, taken in by shysters who understand the vulnerabilities of the lonely. And in this true case, the lonely woman is also a victim of the American banking system.

    6/7/2016 · Banking
    In one critical anti-money laundering (AML) review of a mid-tier bank, examiners admitted to having a hard time understanding how the transaction monitoring system worked.

    4/29/2016 · Banking
    A financial institution can have a comprehensive anti-money laundering program, a staff of experts, and a million-dollar (or more) specialized computer system in place and yet still miss potential problem customers because they failed to collect or use important data. In the end, it all comes down to data-discrete pieces of information that need to be collected, analyzed and presented in meaningful ways-to make a successful anti-money laundering program. No matter what automated or procedural anti-money laundering programs you have in place, the success of the program depends on meaningful data.One of the first steps in creating an effective program, then, is to develop a data plan to understand what data must be captured, how to capture it, how to analyze it, how to report it and how to use it.

    4/7/2016 · Banking
    What started out as an apparently straight-forward Transaction Monitoring System Validation project took an interesting and cautionary turn at an international bank recently. The Project Team assembled for the task-as well as executive management at the Bank-expected that the Validation would discover some less-than-perfect data mapping from their core banking system to their Transaction Monitoring System. A completely new Compliance staff had reviewed the Bank's unfamiliar (to them) Transaction Monitoring System, and could see that something wasn't quite right. Wires were not appearing properly on reports, General Ledger account numbers were showing up instead of Customer Account Numbers, and there were unnecessary transaction codes, like Wire fees, clogging the system. It seemed like a simple, methodical task of documenting the current mapping and making appropriate changes.

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    Sidney P. Blum, CPA, CFE, CPEA, CFF
    Los Angeles CA USA
    phone: 818-631-3162
    Sidney P. Blum, CPA, CFE, CPEA, CFF has over 30 years of professional experience in the areas of Forensic Accounting, Intellectual Property Economic Damages, Royalty Audits, and General Economic Damages.

    Background - Prior to leading SRR's West Coast Litigation Support Practice and the National Royalty & Contract Audit Practice, Mr. Blum served as Chief Audit Officer at Beats Electronics, approximately nine years as an accounting firm Partner including five as a Big 4 Partner, and in-house experience with Fortune 50 companies Occidental Petroleum, Unocal, and the Walt Disney Company where he was a member of the internal audit departments. While with Ernst & Young, he led fraud and forensic investigations nationally for their internal audit practice.

    Mr. Blum is one of five members of the 2016-2017 Board of Regents of the 75,000 member Association of Certified Fraud Examiners. Having lead more than 1,500 forensic investigations, The Association named Mr. Blum Certified Fraud Examiner of the Year in 2012.

    Litigation Support - As a Financial and Economic Damages expert witness, Mr. Blum has worked on matters from simple to more than $100 million complex litigations. He has testified on more than 30 occasions, equally for plaintiffs and defendants, in a wide variety of State, Federal, and USITC matters. Mr. Blum is a Certified Fraud Examiner, Certified Professional Environmental Auditor, and Certified in Financial Forensics by the AICPA.

    Areas of Expertise:
    • Complex Financial Litigation
    • Patents
    • Copyrights
    • Trademarks
    • False Advertising
    • Accountant Malpractice
    • Royalty Auditor Competence
    • Royalty Disputes
    • Wrongful Termination
    • Construction Defect
    • Film Distribution
  • Unfair Competition
  • Oil & Gas Pipelines
  • Personal Injury
  • Product Liability
  • Breach of Contract
  • Business Interuption
  • Class Action
  • Lanham Act
  • Trusts & Estates
  • DMCA
  • View Sidney Blum's Consulting Profile.
    9/13/2016 · Accounting
    Royalty auditing is a niche service that has exploded in popularity over the last 20 years. The primary purpose of a royalty audit is to test whether a licensee has complied with a license agreement or statutory requirement. The royalty auditor is hired by an intellectual property owner (aka, licensor) or minerals owner to inspect the books and records of a licensee primarily to determine if usage-based monetary amounts have been paid as contractually required. In addition to monetary damage calculations, most royalty audits examine for breach of contract in a wide variety of areas, such as intellectual property protection, record keeping, distribution channels, and permitted usage.

    Sidney P. Blum
    This book navigates readers through the nuances of drafting the best possible financial terms for license and other self-reporting agreements and shows how proper monitoring and auditing should occur once a deal is in place. The 2014 Edition includes updated information on how to properly write the financial aspects of royalty contracts to protect the licensor, licensee, and other concerned parties. Additional sample terms and "real-world" agreements have also been included.
    Sidney P. Blum
    This book navigates the nuances of drafting financial terms for license and other self-reporting agreements and shows how proper monitoring and auditing should occur once a deal is in place. This book will modernize and remold how agreements are written and will greatly enhance the bottom line of licensors and other contractors. Lawyers involved in drafting license and other self-reporting contracts typically understand boilerplate provisions but not the financial nuances that are subject to high degrees of interpretation that eventually costs their clients significant money and business relationships.