Retail/Wholesale Businesses

Retail/Wholesale Businesses

GFAS has provided forensic accounting and fraud examination services to some of the largest retailers in the United States, as well as, working on litigation matters concerning retailers and wholesalers as well.
Over the years our work with retailers have focused primarily on Fraud Examinations such as:
• Kickback cases involving executives and buyer for a well-known retailer.
• Supplier under reporting of refunds due to the retailer for returned goods.
• Business partner redirecting potential business from retailer locations to their own locations to avoid revenue sharing agreement.
• Marketing director embezzlement of travel and entertainment funds, as well as, receiving kickbacks from a public relations firm
• Theft of millions of dollars of inventory by installer/delivery company
• Overbilling of personnel located at a contracted call center
• Underreporting of revenue to business partners, landlords and the like.

We have also been retained in several litigation cases concerning retailers including for example:
• Fraudulent misrepresentation of financial results from a seller of a chain of convenience store/service station locations to the buyer. The litigation resulted in a judgment for the buyer of in excess of $160 million.
• Investigation and testimony of an overstatement of a retailer’s inventory in excess of $45 million to a debtor in possession lender.
• Partner disputes concerning expenses and distributions of profits from retail locations.


    Insurance services for fraudulent claims of property damage, business interruption or dishonest employee transactions

    Real Estate

    Consultation, project auditing, and expert witness services to Owners, Contractors and Developers

    Common Interest Realty

    Tax & Management Advisory Services


    Fraud Examinations
    and Litigation projects

    Casino Gaming

    Fraud Examinations, Training in BSA/AML compliance with federal regulations


    Fraud Examinations, Litigation Services,
    Forensic Reviews

    Professional Services

    Forensic Accounting, Fraud Examination, and Litigation Services to Many Professional Services Firms

    Retail/Wholesale Businesses

    Forensic Accounting, Fraud Examination and Litigation Services to Retailers

    Contact us today for assistance in any of these industries:

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    Expert Forensic Accounting Services

    Chicago | Las Vegas


    Insurance Claims
    Accounting Investigations
    Mergers & Acquisitions
    Due Diligence Reviews
    Dispute Advisory Services
    Special Examinations
    Contract Audits and Recoveries


    Expert Witness Testimony
    Commercial Damages
    Shareholder/Partner Disputes
    Bankruptcy and Insolvency
    CPA Malpractice Claims
    Contract Disputes
    Estate and Trust Disputes
    Data Mining & Electronic Discovery


    Individual, Trust, and Estate
    S-Corp & C-Corp, Partnership
    Year-end Tax Planning
    and Estimated Tax
    Taxation of Executive Compensation
    Reasonable Compensation Estimates
    Tax Disputes and Audits