Accusations of white-collar crimes often leave people feeling overwhelmed and frightened. Fraud, embezzlement and money laundering charges can all lead to lengthy jail sentences and also financial penalties.
If you want to prove that you did not commit a specific financial crime, you may need to bring in professional help. In addition to hiring a defense attorney, you may benefit from adding a forensic account to your defense team.
How might a forensic accountant hope you prove your innocence?
They can track funds or find the culprit
Even if you have a degree and years of experience, it can be overwhelming to look at pages and pages the financial records looking for some kind of trend or gap. Especially given that the review has a direct impact on your future, you may not be able to do your best work.
A forensic accountant could potentially help you identify who actually conducted certain transfers or benefited from them. They could also help locate the missing assets that could help exonerate you.
They could help you develop an alibi
Forensic accountants can sometimes locate details about financial transactions that can benefit someone accused of misconduct.
Whether you can prove that you were in another state at the time that certain transfers occurred or you can show that the other details they unearth who could not have been the one to complete certain transactions, their analysis could play a key role in raising a question about whether or not you are actually the one responsible for the financial crime.
A forensic accountant could potentially testify in court, or their role could simply be providing the evidence that you and your lawyer need to raise a reasonable doubt. Connecting with the right support can make all the difference for those facing white-collar criminal charges.