CRA’s Risk, Investigations & Analytics team was retained to assist counsel and their client in performing forensic accounting and litigation support related to the client’s claims of fraud and breach of fiduciary duties against the Trustees of 20 irrevocable trusts.
Our team consolidated 11 years of general ledger data from each trust and performed forensic analyses, identifying multiple patterns of prohibited transactions, various indicia of fraud, as well as errors and inconsistencies in reporting. Our expert report added significant weight to the court’s decision, which included an order to remove the existing trustees and appoint the client as co-trustee of all trust entities.
