world class audit quality
What started out as a liquidity issue for a mortgage security fund managed by Darren Berg turned into a $150 million Ponzi Scheme, ultimately the Pacific Northwestern United States larget ever.
reduce sample risk
Valid8’s co-founder Tod McDonald worked on the forensic accounting team appointed by the court to take control of Berg’s assets and attempt to unravel his web of deception. It was this complex criminal case, with hidden accounts, tens of thousands of transactions and an active effort by to continue the deception, that convinced Tod that new tools were needed to tackle these crimes.
elevate client engagements
Today Valid8 offers investigators of financial crimes and forensic accountants a powerful platform to rapidly turn financial records into intelligence, shining light on where the money went, but also providing investigators with lightning fast guidance on what additional records must be obtained in order to connect every dot and reconcile the financial statements down to the last penny.
