Exam 12: The Fraud Report, Litigation, and the Recovery Process

Before releasing the report to the client, the investigator shoud:

The investigator should write the report in such a ways so as to avoid litigation.

When preparing for a trail, the fraud investigator's report may be:

What are consequential damages? Provide an example of the additional work that may be needed to prove them.

A judge may request additional information involves consequential damages prior to ruling on the case.

How does the IRS view unpaid payroll taxes as a result of embezzlement under the Trust Fund Recovery Penalty (TFRP)?

Provide an example of when a fraud investigation would trigger mandatory reporting to a federal agency?

What must the fraud investigator avoid in his report?

Typical business insurance for occupational fraud includes coverage for which the following items:

Explain what a chronology of the fraud is and how it typicaly differs from how a fraud investigator constructs his report.

The problem with the investigator making statements before an investigation is complete stems from the principle of:

What is the expert witnesses major exception under testimony rules?

Instead of firing fraudster employees, what do some employers do?

The Trust Fund Recovery Penalty holds responsible persons accountable. Who are they?

For income tax purposes, IRS form 9408 must be filed for all fraud losses, along with a copy of the investigators report.

Which of the following is not a criteria for being qualified as an expert witness?

If the expert consultant is not expected to testify in a formal trial, how is all pre-trail work treated?

Once the fraud investigation is complete, the investigator will:

If an employer fires an employee for fraud, what might that employee do?

A fraud investigation report can sometimes be more helpful in ruling out fraud than in ruling it in.