Question

Fraud examination often leads to evidence of some kind to support an allegation. However, there needs to be ample evidence for a case to proceed to prosecution or other legal action. Even with ample evidence, you often need to show that the perpetrator had an intent to commit the fraudulent act. What type of evidence would you look for to prove intent in a bankruptcy fraud case?

Answer 1

fraud examination is important to collect proper evidence and protect the stakeholders, there are many ways in which the party responsible to prove the fraud can report the allegations.

so, before looking at the evidence let s talk about the definition of fraud.

fraud is an activity intend to make unfair and unlawful gain by a party or a group of parties. the parties responsible to prove the fraudulent activity might use many ways to protect and prove the case.so to prove the case to the prosecutor they might need much evidence against the allegation to prove the fraudulent activity.

there are several ways to prove the bankruptcy fraudulent case.

the responsible party can do an arithmetical check in the accounts, they can check the bank statement and cash book and cross check h the accounts to find an unusual transaction or any fraudulent activity.and any evidence relating to the variance can be examined and taken proper action.

they can verify the supporting document from the bank, to church the relevance of their reporting and also do a proper check.

the party responsible to report the fraud can also chech thet minutes of board meeatingt to find reasoanble evidence to support the allegation.

there are many wasy to find and report the allegation and collect eviodence,this mainly depends based oin tyhe scenario and the case.but ,this are some of the common method whcih the compant use to find the evidence redarging bank fraudelent actriuvity.