Hajar Alami Newsome CFE, CDFA

12/12/2018

Make sure you meet with your accountant.

Refunds may be different than prior years following . Some people may even owe an unexpected tax bill when they file their tax return. IRS urges you to do a now before it's too late: www.irs.gov/withholding

09/06/2018

The $1 billion scam company is dissolved.

Theranos claimed it had annual sales of $100 million and the sales were just $100,000.

Holmes and Balwani claimed that the Department of Defense was using Theranos’ technology on medevac helicopters. The DoD wasn’t using it at all.

Photo: Shutterstock. Theranos, the $1bn Silicon Valley fraud that made fools or corpses of everyone who trusted it, is finally to meet its doom. The Wall Street Journal reports that its dissolution…

09/02/2018

https://www.google.com/amp/s/www.entrepreneur.com/amphtml/290551

Owners must maintain a high degree of crucial oversight over their financial affairs.

08/27/2018

The Certified Fraud Examiner (CFE) credential denotes proven expertise in fraud prevention, detection, and deterrence. CFEs are trained to identify the warning signs and red flags that indicate evidence of fraud and fraud risk. CFEs around the world help protect the global economy by uncovering fraud and implementing processes to prevent fraud from occurring in the first place.

CFEs have a unique set of skills that are not found in any other career field or discipline; they combine knowledge of complex financial transactions with an understanding of methods, law, and how to resolve allegations of fraud.

To become a CFE, an individual must pass a rigorous test on the four major disciplines that comprise the fraud examination body of knowledge:

Fraud Prevention and Deterrence
Financial Transactions and Fraud Schemes
Investigation
Law

A certified fraud examiner is a professional certification available to fraud examiners.

08/25/2018

A CDFA® is someone who comes from a financial planning, accounting or legal background and goes through an intensive training program to become skilled in analyzing and providing expertise related to the financial issues of divorce.

A Certified Divorce Financial Analyst uses their knowledge of tax law, asset distribution and short- and long-term financial planning to achieve equitable divorce settlements.

08/16/2018

What is a 'White-Collar Crime '
White-collar crime is a nonviolent crime committed for financial gain. Securities fraud, embezzlement, corporate fraud and money laundering are examples of white-collar crime, and these acts are usually investigated by the FBI, the Securities and Exchange Commission (SEC) and the National Association of Securities Dealers (NASD). Some high-profile individuals convicted of white-collar crimes include Kenneth Lay, Bernard Madoff and Bernard Ebbers.

A white-collar crime is a non-violent crime that is committed by someone, typically for financial gain.

08/12/2018

One reason why money can make us feel frazzled? It's linked in our minds to survival. "Money is a resource that can provide people with a sense of safety and security," says Chloe Carmichael, Ph.D., a psychologist in New York City. "When we feel that resource is scarce, it can make people feel like their survival is in jeopardy on a very primal level."

One of the primary reason why good people commit fraud.

08/10/2018

You create your reality.

Whatever we focus on is what we continue to create.

08/10/2018

”Dissipation Issues in Divorce. A type of financial fraud specific to divorce is dissipation. Dissipation occurs when one spouse, essentially, wastes property or money without the knowledge or consent of the other spouse.”

There are warning signs that your spouse may have committed financial fraud in your marriage; the greater the number of red flags, the more likely that there is something fishy about the family’s finances.

08/09/2018

Embezzlement occurs when someone steals or misappropriates money or property from an employer, business partner, or another person who trusted the embezzler with the asset.

Embezzlement is a type of fraud where an employee abuses a position of trust to steal from his or her employer. Clever embezzlers are able to steal large sums of money over long periods of time without raising suspicion. In fact,...

08/07/2018

https://www.womansdivorce.com/forensic-accountant.html

A forensic accountant can help in your divorce by providing vital documentation during discovery, locating hidden assets, tracing income and property, and more.