FBI Forensic Accountants: Vigorously Following The Money

VERITI CONSULTING LLC

FBI Forensic Accountants: Vigorously Following The Money

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How is the FBI Involved with Forensic Accounting?

Even as far back as 1908, FBI forensic

accountants have been an integral part of

agency operations. While 12 of the original

34 agents were auditing professionals,

special agent accountants now represent

about 15% of the force.


Historical Background• During the early 1970s, the FBI established a group of

accounting professionals to help work increasingly complicated financial cases. These positions were non-agent in nature, and acted as support to assist agents unfamiliar with complex economic matters.


Historical Background• Throughout the 1980s and 1990s, the savings and loan crisis

significantly impacted the nation. The FBI was forced to address critical and sophisticated financial issues, further challenging agents. As a result, the Bureau added financial analysts as agent personnel.


Historical Background• In 2009, the agency added FBI forensic accountants to its ranks,

responding to the ever-changing criminal terrain. Large-scale corporate fraud and other complicated financial conspiracies became prevalent after 9/11, requiring the FBI to establish this centralized board of investigative support personnel.


FBI Forensic Accountants On The Job

Forensic auditors engage in the complex area of financial investigations, analyzing a wide variety of fraudulent schemes. Their responsibilities include:

• Testifying in court as necessary to provide evidence in criminal cases

• Performing intense financial analysis of corporate and personal data to develop criminal profiles of individuals or groups who may be engaging in illegal or suspicious activities



• Gathering evidence to support search warrants or affidavits intended to secure financial details

• Assisting agents during interviews of individuals and key witnesses

• Tracking the sources of funding for particular transactions or problematic, interrelated business dealings



• Reporting findings and conclusions to aid in the apprehension of perpetrators of fraud

• Consulting with prosecuting attorneys to strategize and provide litigation support, especially as expert witnesses in proceedings requiring professional analysis; and many more

FBI forensic accountants play a significant role in intelligence gathering to benefit the agency as a whole.


Forensic Accountant Training Program

While they may bring extensive experience and qualifications to the FBI, forensic specialists must also undergo a six-week course to train them in Bureau operations.

The courses concentrate on policies, programs and approaches, as well as investigation resources, complex financial topics, methodologies, legal training and litigation techniques.


Forensic Accountant Training Program

Every FBI field office employs an FBI forensic accountant, though offices in larger cities may have several on staff separated into two groups: forensic accountants and financial analysts. At the main agency headquarters in Washington, D.C., there is the Forensic Accountant Support Team (FAST).

When a crisis erupts that requires immediate, aggressive action, the FAST crew responds, electronically or personally as circumstances command.


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FBI Forensic Accountants: Vigorously Following The Money