http://www.nigrini.com/EndOfChapter/Rhodes_ForensicReport.pdf

answer question from link above

The Commission's complaint alleges that Rhodes and his companies raised millions of dollars from individual investors, including many senior citizens, by representing that he would invest their money in stocks and bonds. The complaint further alleges that contrary to representations made to investors, Rhodes did not invest their funds in stocks and bonds. Instead, Rhodes took their money and used it for other purposes, including buying vintage automobiles and sports memorabilia. According to the complaint, Rhodes sent account statements to the investors representing that their investments had an aggregate value of nearly $40 million as of June 30, 2006. At the time a receiver was appointed for Rhodes' companies on September 21, 2006, however, Rhodes had less than $2 million invested in stocks and bonds. source: https://www.sec.gov/litigation/litreleases/2007/lr20144.htm

Review the forensic accounting report for the SEC vs. C. Wesley Rhodes, Jr. et. al. case. The report was prepared by Gregory A. Gadawski and Darrell D. Dorrell of Financial Forensics. More information can be found at http://www.financialforensicsacademy.com/.

Answer the following questions and submit your Word document:

Which company was hired to do the forensic accounting investigation?

Name the plaintiff and the defendants in the case.

Which time period is being investigated in this case?

Describe any difficulties the investigation team encountered in obtaining financial records relating to the investigation and how those difficulties were overcome.

Explain why some records were excluded from the investigation (see page 11).

What were the conclusions of the forensic accountants as a result of applying the periodic graph (see page 3)?

What were the top 3 expenses of all the Rhodes entities expenses (see page 4)? What were the conclusions?

What were the conclusions of the forensic accountants as a result of applying the histogram (see page 20)?

Which consolidated financial statements are included in the report?

What were the overall observations of the forensic accountants as a result of applying the Benford's Law tests (see page 38)?

What were the conclusions of the forensic accountants as a result of applying the second digit test to the ledger accounts (see page 40)?

What were the conclusions of the forensic accountants as a result of applying the first-two digits test to the ledger accounts (see page 41)?

What were the conclusions of the forensic accountants as a result of applying the number duplication test to the ledger accounts (see page 46)? Give a one or two sentence summary for each of the six points in the report.

Summarize the overall findings and conclusions of the forensic accounting investigation (see page 50-51).