We help defense counsel understand and explain complex financial activity in white-collar cases. Managing Member James H. Rumph supports counsel as a consulting expert supporting counsel’s strategy and analysis and, when needed, as a testifying expert offering independent analysis.
Why Aletheia
- Deep investigation experience: Led by a former FBI Forensic Accountant, Certified Fraud Examiner (CFE), & Certified Forensic Interviewer (CFI) with experience from hundreds of investigations.
- Technology-enabled efficiency: We leverage bank, investment, and credit card account statement transaction extraction technology to support our analysis to add efficiency and reduce costs.
- Trial-ready work product: Led by a Master Analyst in Financial Forensics (MAFF) experienced in providing deposition and trial testimony and reports and exhibits that provide trial-ready clarity.
Reviewing Government or Opposing Expert Analysis
Government and opposing expert analysis can overlook, misinterpret, or overstate key evidence. We can review their analysis to ensure the story being told matches the evidence.
Representative Matter
- Real estate investment partnership owner alleged loan rebuttal expert: Mr. Rumph provided a rebuttal expert report and deposition in a dispute between real estate investment partners, showing that the alleged loan was more likely than not actually related to services provided. The case was resolved with a settlement agreement reached during trial.
Tracing Commingled Funds
When funds are mixed in the same account, tracing methods help determine what money went where. Four widely accepted methods of tracing commingled assets include (1) first in, first out (FIFO); (2) last in, first out (LIFO); (3) lowest intermediate balance rule (LIBR); and (4) pro rata distribution. Most accountants are familiar with FIFO and LIFO from inventory pricing methods, but LIBR and pro rata distribution methods are also available. Case-specific facts and circumstances should influence the decision of which method is most appropriate to achieve fair and equitable results.
Representative Matter
- Tracing of funds used to purchase property: A business owner received a civil investigative demand (CID) from the U.S. Department of Justice related to his purchase of a property within months after receiving a Paycheck Protection Program (PPP) loan. Mr. Rumph provided an expert report showing that sufficient payroll was paid by the business owner’s company and that none of the PPP loan proceeds were used for the property purchase.
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What People are Saying
“James has huge compassion and empathy for those prosecuted for white-collar crimes and our families. It takes a very special person to see us as “people”, even as most of the world has shunned and discarded us. He has provided us forums to share our stories with financial experts, fraud examiners, forensic accountants and consultants to create new levels of understanding and to humanize the fraud triangle.” Jeffrey Grant, Esq.; Attorney and Co-Founder of the White Collar Support Group
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