Fraud and Embezzlement Economic Damages Expert in Maine

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

Maine courts and expert standards

Maine courts ask whether the economist is qualified by training and experience, whether the opinion rests on a reliable foundation, and whether it will help the fact finder, under the state's own reliability inquiry. A damages report meets that inquiry by showing the published basis for each assumption and its fit with the record.

Where these cases are heard

Highest court: Maine Supreme Judicial Court. Federal venues: D. Me. Court system: courts.maine.gov.

Damages framework

Maine reduces a negligence-based award by the plaintiff's share of fault and bars recovery once that share equals or exceeds the defendants'. Prejudgment interest runs from the filing of the notice of claim or the complaint in civil actions generally, liquidated or not, so the interval between filing and judgment is part of the economic picture. Economic damages are not subject to a general statutory limit, and the report separates past from future amounts so the interest computation can follow.

How the analysis is built

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

Frequently asked: fraud and embezzlement cases in Maine

Which Maine courts hear fraud and embezzlement cases?

Fraud and Embezzlement cases venued in Maine are heard in the Superior Court (General jurisdiction; civil cases, jury trials in major criminal cases). Final appeals run to the Maine Supreme Judicial Court. Matters within federal jurisdiction proceed in the United States District Court for the District of Maine.

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

Maine reduces a negligence-based award by the plaintiff's share of fault and bars recovery once that share equals or exceeds the defendants'. Prejudgment interest runs from the filing of the notice of claim or the complaint in civil actions generally, liquidated or not, so the interval between filing and judgment is part of the economic picture. Economic damages are not subject to a general statutory limit, and the report separates past from future amounts so the interest computation can follow. Maine courts ask whether the economist is qualified by training and experience, whether the opinion rests on a reliable foundation, and whether it will help the fact finder, under the state's own reliability inquiry. A damages report meets that inquiry by showing the published basis for each assumption and its fit with the record.

More questions about fraud and embezzlement analysis

References

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