Fraud and Embezzlement Economic Damages Expert in Florida

By Christopher Skerritt, M.Ed., MBA, Chief of Economic Services · Published · Reviewed

KW Economics prepares economic damages analyses for fraud and embezzlement cases venued in Florida: the components the loss claim consists of, the records that drive them, and a present value built to Florida's damages rules and venues. Plaintiff and defense.

A fraud or embezzlement economic claim establishes how much was taken, over what period, by what mechanism, and where it went, and quantifies the loss in a form that supports a civil claim or a restitution figure. Read the full fraud and embezzlement analysis guide.

Florida courts and expert standards

Florida courts apply a reliability inquiry to expert testimony: the judge asks whether the economist is qualified, whether the opinion rests on sufficient facts and on reliable principles and methods, and whether those methods were applied reliably to the facts of the case. A damages report is written to that standard, with each rate and table traced to a published source.

Where these cases are heard

Highest court: Florida Supreme Court. Federal venues: N.D. Fla., M.D. Fla., S.D. Fla. Court system: flcourts.gov.

Damages framework

Florida reduces a negligence-based award by the plaintiff's share of fault and, in most negligence actions, bars recovery once the plaintiff is found more at fault than the defendants. Prejudgment interest is awarded on a liquidated loss from the date it was sustained but is generally not awarded on personal injury or wrongful death damages. Economic damages are not subject to a general statutory limit outside specific statutory claims, and the report separates the liquidated components from the projected ones so the interest computation can follow.

How the analysis is built

The same four steps apply to a fraud and embezzlement case venued in Florida; the damages framework above decides which components enter the total.

  1. Map the scheme's mechanism from the records and identify each transaction that fits it.
  2. Confirm the amounts against bank statements, cancelled checks, and third-party documents rather than the internal books alone.
  3. Trace the diverted funds forward to the accounts and assets they reached, and quantify the consequential losses with the causal link explained.
  4. Separate the amounts established from records, the amounts estimated from patterns, and the amounts that could not be determined.

Attorney guides for fraud and embezzlement cases

Other case types in Florida

Frequently asked: fraud and embezzlement cases in Florida

Which Florida courts hear fraud and embezzlement cases?

Fraud and Embezzlement cases venued in Florida are heard in the Circuit Court (General jurisdiction; larger civil cases, felonies, family law, probate). Final appeals run to the Florida Supreme Court. Matters within federal jurisdiction proceed in the United States District Courts for the Northern District of Florida, Middle District of Florida, and Southern District of Florida.

How does Florida's damages framework shape the economic analysis?

Florida reduces a negligence-based award by the plaintiff's share of fault and, in most negligence actions, bars recovery once the plaintiff is found more at fault than the defendants. Prejudgment interest is awarded on a liquidated loss from the date it was sustained but is generally not awarded on personal injury or wrongful death damages. Economic damages are not subject to a general statutory limit outside specific statutory claims, and the report separates the liquidated components from the projected ones so the interest computation can follow. Florida courts apply a reliability inquiry to expert testimony: the judge asks whether the economist is qualified, whether the opinion rests on sufficient facts and on reliable principles and methods, and whether those methods were applied reliably to the facts of the case. A damages report is written to that standard, with each rate and table traced to a published source.

More questions about fraud and embezzlement analysis

References

Request a consultation on fraud and embezzlement cases in Florida or call (201) 343-0700. Plaintiff and defense counsel.