Financial fraud schemes frequently come to light when businesses are in distress, causing restructuring professionals and bankruptcy courts to deal with the fallout. This panel examines how fraud trends can shift with economic cycles and developing technology, including key moments when misconduct begins to surface, particularly around market peaks and downturns. The panelists discuss various schemes — financial statement misstatements, asset-shifting through multi-tiered entities and Ponzi structures — sharing insights on emerging risks, warning signs, and how practitioners can better anticipate and respond.
Learning Objectives:
- Attendees will understand how financial fraud schemes have evolved in recent years and the unique challenges they present in bankruptcy proceedings.
- Attendees will identify common indicators of fraudulent conduct and assess the tools available to practitioners for investigating suspicious transactions and structures.
- Attendees will apply lessons learned from recent fraud cases to develop proactive strategies for protecting estates, creditors and other stakeholders from emerging fraud risks.