Fraud School

@blockfills filed Chapter 11 in DE tonight—after Feb withdrawal freeze, March asset freeze (70.6 BTC Dominion dispute), and massive lending/trading losses. As forensic advisor in several cryptos case, this fits the playbook I've seen with red flags long before the crisis. 🧵

🚨 BREAKING: Healthcare Fraud enforcement just hit a historic $6.8B peak. DOJ FY 2025 stats are out, and the 2026 trend is clear: Enforcement velocity is accelerating fast. GCs & litigators—here’s your 1-minute breakdown of what’s changed. 🧵👇

The $100M disappearing act. 📉 ​In almost every corporate collapse, value doesn't vanish overnight—it leaks. By the time you see a "Restructuring" headline, much of the potential recovery is already gone. ​Here are the 4 red flags that signal a borrower is hiding a crisis. 🧵

Not long ago, stablecoins were the Wild West of digital finance. Today, they’re stepping onto the main stage — under the watchful eyes of regulators. What changed? In a word: Regulation. #Stablecoins #Crypto #RegTech

#FridayFraudTip #73 Labor Day is around the corner. Many teams are out of office—scammers know it. Double-check urgent payment requests before holiday weekends.

#CryptoWeek is kicking off today with a House Rules Committee meeting later this afternoon. 3 huge votes tomorrow: 🔴Genius Act 🔵Anti-CBDC Surveillance State Act 🔴 Clarity Act The #GENIUSACT vote is key for me as can drastically change how crypto bankruptcies play out.

🚨 Crypto Week kicks off in the House next week: Three major bills aim to reshape how the U.S. regulates digital assets, stablecoins, and CBDCs. Here's what you need to know:

Building on my #FridayFraudTip series by test driving a #BankruptcyBasics companion. I've spent over 20 years investigating business collapses (sometimes the two areas are intertwined) and would love to hear your tips! Leave a message below or DM me with your tips!

Here is a good overview of some of the difficulties associated with crypto bankruptcies from @bkclaims. I've been involved in over 5 separate matters in multiple jurisdictions - nothing is consistent. Shannon's ruling in Delaware should set precedent based on location.

🧵Most crypto projects aren't ready for real money. I’ve investigated collapses — and helped founders to build correctly. If you’re a founder, investor, or advisor, learn from our first-hand experience investigating failures and helping startups navigate regulatory uncertainty.

Forensic accountants play a crucial role in investigating whistleblower complaints, ensuring transparency, and holding organizations accountable. #ForensicAccounting #Whistleblower

SBF found guilty on all seven counts.

#FridayFraudTip #34: Impacted by stolen #Crypto? Is a litigation opponent hiding or moving assets across one or more #blockchain? Check out the quick guide linked below from @blocksearch with some easy to understand tips. Reach out with further questions!

#FridayFraudTip #33 Financial transactions can provide far more information than simply amounts and dates. Patterns of activity Types of accounts utilized Transaction time Location Each can be used to demonstrate a fraudster's intent. #Fraud #blockchain #forensicaccounting

Where money flows, illicit actors will try to exploit it. Pass along this one from @joes_mcgill and @trmlabs.

A busy NFT week continues. @retheauditors highlights some great points in this article from @Cointelegraph. For now evaluate the intended use of a NFT - a variety of regulators can be paying attention - from AML/CFT issues to tax implications, aside from litigation risks

Have you registered for the virtual @acfcsonline Future of FinCrime Skills Conference yet? Check out a number of great sessions and stick around to heckle me talking #NFTs on Feb 18th! #digitalasset #blockchain #forensicaccounting

I'm excited to join an allstar group from @dapperlabs and @trmlabs to discuss NFTs and considerations for financial crime investigators and analysts as part of the @acfcsonlin #FutureofFinCrimeSkills event next month. #NFT #cryptocurrency linkedin.com/posts/rlohcfe_b…

#Theranos founder Elizabeth Holmes was found guilty on 4 of the 11 counts against her. Not guilty on another 4 and the jury deadlocked on 3. It will be interesting to work through each item. #Fraud #securitiesfraud #conspiracy #whitecollercrime #Whistleblower