Fraud and Embezzlement Economic Damages Expert in Guam

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 Guam: the components the loss claim consists of, the records that drive them, and a present value built to Guam'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.

Guam courts and expert standards

Guam's rules of evidence follow the federal model for expert testimony: the court asks whether the economist is qualified, whether the opinion rests on sufficient facts and reliable principles and methods, and whether those methods were reliably applied to the case. An economic damages report answers that inquiry by naming its data sources and tying each input to the record.

Where these cases are heard

Highest court: Supreme Court of Guam. Federal venues: D. Guam.

Damages framework

Guam reduces recovery in proportion to the plaintiff's share of fault in a negligence-based claim, and claims against the government proceed under a separate claims act with its own procedures. The treatment of prejudgment interest on liquidated and unliquidated sums follows Guam's own statutes and case law, which counsel confirm for the specific claim, so the report separates the sums that were due from the amounts that had to be projected. Any limit on economic damages under a particular statute is likewise for counsel to confirm, and the report states each loss as of a fixed date so it can be adjusted to whichever rules apply.

How the analysis is built

The same four steps apply to a fraud and embezzlement case venued in Guam; 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 Guam

Frequently asked: fraud and embezzlement cases in Guam

Which Guam courts hear fraud and embezzlement cases?

Fraud and Embezzlement cases venued in Guam are heard in the Superior Court of Guam (General jurisdiction trial court for local civil and criminal matters). Final appeals run to the Supreme Court of Guam. Matters within federal jurisdiction proceed in the United States District Court for the District Court of Guam.

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

Guam reduces recovery in proportion to the plaintiff's share of fault in a negligence-based claim, and claims against the government proceed under a separate claims act with its own procedures. The treatment of prejudgment interest on liquidated and unliquidated sums follows Guam's own statutes and case law, which counsel confirm for the specific claim, so the report separates the sums that were due from the amounts that had to be projected. Any limit on economic damages under a particular statute is likewise for counsel to confirm, and the report states each loss as of a fixed date so it can be adjusted to whichever rules apply. Guam's rules of evidence follow the federal model for expert testimony: the court asks whether the economist is qualified, whether the opinion rests on sufficient facts and reliable principles and methods, and whether those methods were reliably applied to the case. An economic damages report answers that inquiry by naming its data sources and tying each input to the record.

More questions about fraud and embezzlement analysis

References

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