On-Demand

2024 Fraud & Forensic Accounting Virtual Conference: Shoot for the Moon: When Fraud Kills Your Company

CPE: 1

Overview

As liquidating trustee, Jeremiah Foster and Resolute were tasked with winding down Shoot the Moon, a three-state, fifteen franchise restaurant group. Forensic accounting uncovered sources and uses of funds over a five-year period revealing a kiting scheme, Ponzi scheme, and merchant cash advance lending activities. Hear Mr. Foster walk through the case study, highlighting the process, role, and fiduciary duties of a trustee.

This session was recorded on March 20, 2024 at the 2024 Fraud & Forensic Accounting Virtual Conference.

Product Code
1000003888
Credit Type
CPE: 1
CPE-Technical: 1
Format
Online Self-Study
Intended Audience
Forensic accounting professionals; Litigation services consultants and experts; Emerging FVS professionals; CFOs, controllers and senior financial professionals.
NASBA Field of Study
- Accounting
- Auditing
Level of Difficulty
Overview
Prerequisites
Basic knowledge of fraud and forensic accounting.
Advance Preparation
None.

Learning Objectives

Analyze the forensic accounting techniques used to uncover financial irregularities, including a kiting scheme, Ponzi scheme, and merchant cash advance lending activities.

Understand the role, responsibilities, and fiduciary duties of a liquidating trustee in the context of winding down a multi-state franchise operation.

Evaluate the step-by-step process undertaken by the trustee to investigate and resolve complex financial issues in the Shoot the Moon case study.

Faculty

Jeremiah Foster

Jeremiah Foster has taken the lead regarding business development and corporate strategy for the firm. His day to day functions as President include overseeing various aspects of the business, leading the firms’ team of industry experts, and advising creditors, equity holders and enterprises in their navigation of many phases of a turnaround, restructure or crisis management plan. To date, Mr. Foster has been appointed as CRO, Interim CEO, Tru...

More about Jeremiah Foster

Nicole Manos

Nicole Manos brings 20 years of finance and accounting experience to Resolute where she currently serves as Senior Managing Director. Ms. Manos’ areas of expertise include restructuring, forensic accounting and fraud detection. Her financial skills include analyzing complex Ponzi schemes, receiverships, investigating allegations of fraud, and bankruptcy preference and insider claim recoveries. In her role, Ms. Manos is responsible for the dail...

More about Nicole Manos

2024 Fraud & Forensic Accounting Virtual Conference: Shoot for the Moon: When Fraud Kills Your Company

Member

Nonmember

Overview

Product Code

Credit Type

Format

Intended Audience

NASBA Field of Study

Level of Difficulty

Prerequisites

Advance Preparation

Learning Objectives

Faculty