Forensic Accounting Services in Michigan

Common Forensic Accounting Cases in Michigan

In Michigan, our forensic accounting team sees a wide range of cases that reflect the state’s unique business landscape. Here are some of the most common:

• Automotive Industry Fraud
  • Supply Chain Manipulation: We investigate cases where suppliers inflate costs or bid-rigging in the Detroit area and surrounding cities.
  • Warranty Fraud: Our team uncovers cases where dealerships or service centers are filing false warranty claims, which is a big issue for the auto giants in Michigan.
• Healthcare Financial Improprieties
  • Medicare and Medicaid Fraud: With Grand Rapids and Ann Arbor being major healthcare hubs we often investigate cases of overbilling, phantom billing, and unnecessary medical procedures.
  • Pharmaceutical Kickback Schemes: We analyze complex financial transactions to detect illegal kickbacks between healthcare providers and pharmaceutical companies.
• Manufacturing Sector Issues
  • Inventory Theft and Manipulation: In cities like Flint and Saginaw w, we help manufacturing firms identify and quantify losses due to inventory theft or misreporting.
  • Cost Accounting Fraud: We uncover cases where companies are manipulating cost accounting data to inflate profits or avoid taxes.
• Real Estate and Construction Fraud
  • Property Flipping Schemes: In fast growing areas like Grand Rapids and Metro Detroit we investigate suspicious property transactions that may indicate mortgage fraud.
  • Construction Project Overbilling: Our team audits large construction projects to detect overbilling, particularly in public infrastructure projects.
• Financial Services Misconduct
  • Ponzi Schemes: We’ve seen several investment fraud cases, particularly affecting retirees in Michigan’s retirement communities.
  • Money Laundering: With Michigan’s proximity to the Canadian border we assist in cases involving cross-border financial crimes and money laundering through legitimate businesses.
• Public Sector Financial Mismanagement
  • Embezzlement in Local Governments: We’ve worked on cases involving misappropriation of funds in Michigan’s city and county governments.
  • Education Funding Fraud: Our team has uncovered cases of financial fraud in K-12 and higher education institutions across the state.
• Agricultural Business Disputes
  • Crop Insurance Fraud: In western and northern Michigan’s agricultural regions we investigate cases of falsified crop loss claims.
  • Co-op Financial Discrepancies: We audit agricultural cooperatives to ensure fair treatment and accurate accounting for all members.
• Tech Startup Financial Controversies
  • Venture Capital Fraud: In emerging tech hubs like Ann Arbor we investigate cases of startups misrepresenting financials to get funding.
  • Intellectual Property Valuation Disputes: Our team provides expert analysis in cases involving patent and other intellectual property asset valuation.
• Environmental Compliance Financial Investigations
  • Hidden Environmental Liabilities: We uncover undisclosed environmental liabilities in mergers and acquisitions, which are a big issue given Michigan’s industrial history.
  • Green Energy Subsidy Fraud: With Michigan’s push towards renewable energy, we investigate cases of companies falsifying data to claim green energy tax credits.
• Family Business Disputes
  • Succession Planning Conflicts: We provide valuation and forensic services in cases of disputed family business successions common in Michigan’s many multi-generational firms.
  • Divorce-Related Business Valuations: Our team offers expert analysis in high net worth divorces involving complex business ownership structures.

These cases show the range and depth of forensic accounting needs in Michigan’s economy. At Cendrowski Corporate Advisors, we bring our experience and local knowledge to every case so we can investigate and analyze Michigan’s business environment.