Case Study: Brandlin & Associates uncovers $4.5 million in fraudulent transfers with Valid8 Financial

Brandlin & Associates - Customer Case Study

Brandlin & Associates, a national forensic accounting firm, was engaged by a liquidating trustee to investigate a high-profile Hollywood motion picture studio in Chapter 11. The studio was suspected of having its principal skim money from operating accounts, but a lack of accounting controls and reduced personnel made a forensic investigation complex.

The firm engaged Valid8 Financial to accelerate the analysis. Using Valid8's solution, they uploaded financial statements and within hours had reconciled data. Valid8's patented algorithms identified millions in transactions and matched transfers within minutes, leading to the discovery of $4.5 million in fraudulent transfers in just a few days. This swift proof of fraud, which saved hundreds of hours of manual work, prompted the client to immediately approve a more comprehensive second phase of the investigation.

Brandlin & Associates