Fraud Investigation and Asset Tracing Cost

By KW Economics Editorial Team · Updated

Fraud and tracing analysis is billed at an hourly rate against a retainer established at the outset, with a written fee schedule and a cost estimate before work begins. The scope of the engagement, and so its cost, depends on the factors below.

How fraud and tracing is billed

Fraud investigation and tracing is billed at an hourly rate for records reconstruction, transaction analysis, tracing, report preparation, and testimony. A retainer is established at the outset and applied against time incurred. The current rate schedule and retainer terms are provided on request and confirmed in a written engagement agreement.

What sets the scope

Fraud and tracing engagements are scoped to the number of accounts and years involved, the volume of transactions to be reconstructed, and how far the diverted funds moved. A single account and a defined scheme over a short period is the narrowest scope; multiple entities, commingled accounts, cash transactions, or funds moved through several intermediaries widen it considerably. We provide a written fee schedule and a cost estimate before work begins.

What drives cost

Also for this service

Schedule a consultation

Guides and methods

References

Request a consultation on Fraud & Tracing or call (201) 343-0700. Plaintiff and defense counsel.