KW Economics prepares fraud and tracing analysis for fraud and embezzlement cases venued in Guam: what the loss claim consists of, the records that drive it, and a present value built to Guam damages rules and venues. Plaintiff and defense.
In a fraud or embezzlement matter the economist maps how the scheme worked from the records, identifies each transaction that fits it, and confirms the amounts against bank statements, check images, and third-party documents rather than the internal books alone. The diverted funds are traced forward through the accounts they passed through to the real estate, vehicles, investments, or other holdings they reached, and the loss is quantified by scheme, by year, and by account. The report separates amounts established from records, amounts estimated from patterns where records are missing, and amounts that could not be determined.
Forensic accounting for embezzlement, misappropriation, and financial statement irregularities. The work reconstructs the flow of funds through bank, ledger, and payment records, traces diverted assets to where they came to rest, quantifies the loss for each scheme identified, and documents the evidence trail so it can support a civil claim, an insurance recovery, or a referral to authorities.
The direct loss is usually the amount traced through the records, and its size depends on how long the scheme ran and how far back the records permit reconstruction. Consequential losses can exceed the direct loss when the diversion starved a business of working capital or caused a default. Where the funds were used to acquire assets, tracing to those assets can support recovery from the assets themselves, which changes the practical exposure. The analysis states the amounts by year and by method so that partial findings and limitations are visible.
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.
Highest court: Supreme Court of Guam.
Federal venues: District Court of Guam.
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.
We issue the final report and provide deposition and trial testimony, support for insurance or restitution claims, and rebuttal of opposing accounting analyses.
In a fraud or embezzlement matter the economist maps how the scheme worked from the records, identifies each transaction that fits it, and confirms the amounts against bank statements, check images, and third-party documents rather than the internal books alone. The diverted funds are traced forward through the accounts they passed through to the real estate, vehicles, investments, or other holdings they reached, and the loss is quantified by scheme, by year, and by account. The report separates amounts established from records, amounts estimated from patterns where records are missing, and amounts that could not be determined.
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. 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), with final appeals to the Supreme Court of Guam. Matters within federal jurisdiction proceed in the District Court of Guam.
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. The report presents past and future amounts separately, states every rate and table with its source, and shows the result under the alternatives the other side is likely to argue, so counsel can apply the Guam rules to a documented figure.
Request a consultation on Fraud & Tracing or call (201) 343-0700. Plaintiff and defense counsel.