Financial Forensic Analysis

Financial Forensic Analysis

Capability Statement

Core Competencies

In our open society, someone is diverting funds, pilfering supplies, falsifying records, or rigging bids. The financial forensic analysts at Addx can set up proven policies and procedures to help you assess risk; prevent losses and duplicate benefits; and find and prevent inefficiency, waste, fraud, abuse, and fiscal mismanagement. They’ll also show you where your internal controls should be tightened ... and where your expenditures can’t be explained by requirements alone.

Investigations

  • Investigating fraud, bribery, and corruption
  • Conducting forensic investigative reviews and analyses
  • Uncovering false accounting
  • Investigating program fraud

Fraud Risk Management

  • Raising awareness of fraud and corruption
  • Launching a whistleblower program
  • Practicing investigative due diligence

Past Performance

Uncovering Falsified Expenses

Addx uncovered a massive fraud operation of a construction contractor that had submitted more than $1.8 million in false accounting expense records. To identify the falsified expenses, Addx fraud investigators secured and collected all tangible and oral evidence, using forensic tools and interviews; analyzed the evidence, using computer forensic analysis technologies and data analytics; and presented the evidence in terms that could be easily understood. Thanks to Addx, the funds were recovered and the criminals were prosecuted.

Uncovering “Enron-like” NASDAQ Fraud

A major contractor that traded stock on the NASDAQ exchange was alleged to have falsified financial statements. The accounting system was downloaded, and Addx investigators led a forensic accounting and analysis. Addx confirmed that the contractor had inflated its revenues and underreported its expenses, vastly increasing its profits. The contractor’s president and chief financial officer pleaded guilty to conspiracy to defraud the government.

Contact

Hampton Oberle, PMP Director, Integrated Program Solutions Group
As Director, Integrated Program Solutions Group, Mr. Oberle provides oversight and ensures operational performance for several technical, engineering, and administrative contracts supporting Civil and National Defense agencies. Read More
Office: (703) 933-7637 x225 Fax: (703) 933-7638

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Company Information

**DUNS:** 039872622; **CAGE:** 1XPA3 **Socio-Economic:** SDVOB, VOB **NAICS:** 541611 **Socio-Economic:** SDVOSB, VOSB **NAICS:** 541511, 541330 **GSA Schedules:** IT-70 (GS-35F-0431X); MOBIS (GS-10F-0349N)

The Addx Difference

It’s Just the Facts

Our seasoned examiners are former Federal agents and state investigators who have spent decades fighting fraud where it counts: in Federal, state, and municipal courts. They’ve completed more than 2,100 investigative task orders, reviewing financial statements, tax returns, general ledgers, and other financial accounting records.