Forensic Accountant
Appearances
Money Rehab with Nicole Lapin
Uncovering Financial Infidelity with a Forensic Accountant and Brandi Glanville's Real Story
who's, oh yeah, who's coming up with all the crazy, you know, all the stuff that she's going to be able to take away from him if this divorce goes through. Dude, you're in jail for like 25 years. You can wave a goodbye, right? And he was actually caught a second time for soliciting the hitman from jail. So the craziest part of that is he wanted proof that the attorney was dead
Money Rehab with Nicole Lapin
Uncovering Financial Infidelity with a Forensic Accountant and Brandi Glanville's Real Story
Because he wanted the hitman to bring him, um, the attorney's, uh, what's the technical word? Gonads.
Money Rehab with Nicole Lapin
Uncovering Financial Infidelity with a Forensic Accountant and Brandi Glanville's Real Story
Gonads. His nuts.
Money Rehab with Nicole Lapin
Uncovering Financial Infidelity with a Forensic Accountant and Brandi Glanville's Real Story
And the craziest. This one is a former retired pro athlete. Former pro athlete, now retired. Uh, divorcing his, uh, his wife in favor of the much younger model starts three businesses, each of which is a fraud built upon the last one. Uh, all, all of his frauds were uncovered and it got to the point where we chased him out of the country.
Money Rehab with Nicole Lapin
Uncovering Financial Infidelity with a Forensic Accountant and Brandi Glanville's Real Story
And at the time he was chased out of the country, he had already committed bankruptcy fraud, uh, homeowner's insurance fraud, workers' comp insurance fraud. What else did he do? A couple instances of bank fraud, a little bit of wire fraud in there.
Money Rehab with Nicole Lapin
Uncovering Financial Infidelity with a Forensic Accountant and Brandi Glanville's Real Story
Yes, why not? And while he was, I mean, this guy was the typical, stereotypical spousal abuser. And emotionally, he abused his kids, promised the one kid You'll get a car when this divorce is over. Stay with me. Hang in there. As soon as, you know, the kid was this poor kid had to testify at one of the hearings. And he said, you know what? Screw you. You're not getting a car.
Money Rehab with Nicole Lapin
Uncovering Financial Infidelity with a Forensic Accountant and Brandi Glanville's Real Story
It gets even worse, though. He I mean, a car is a thing, right? So he's now he's now wanted on federal charges. And this dude was also in America's Most Wanted. OK. Flees the country. No one knows where to find him. The girl, his daughter, who had the car taken away from her, the car she never had that she would now not get.
Money Rehab with Nicole Lapin
Uncovering Financial Infidelity with a Forensic Accountant and Brandi Glanville's Real Story
One of her best friends was on vacation in a foreign country and actually saw him on a train. like literally sitting in that same passenger car of the train that she was. And she texted her friend real quick. She took a like surreptitious picture of the dude, sent it and said, I think your dad's here. So people find him and he goes on the run and the story does not have a good ending.
Money Rehab with Nicole Lapin
Uncovering Financial Infidelity with a Forensic Accountant and Brandi Glanville's Real Story
He wound up wrapping his car around the pole.
Money Rehab with Nicole Lapin
Uncovering Financial Infidelity with a Forensic Accountant and Brandi Glanville's Real Story
You know, high speed, one car accident and he died instantly. um the depth of deception that this guy went to them neither his criminal attorney nor his divorce attorney were willing to believe it was him until they saw the dental records so was this a famous guy like pro athlete do we know who this is probably From what I've said, if you really wanted to, you could figure out who it was.
Money Rehab with Nicole Lapin
Uncovering Financial Infidelity with a Forensic Accountant and Brandi Glanville's Real Story
But I'm not dropping names regardless of how long ago it was.
Money Rehab with Nicole Lapin
Uncovering Financial Infidelity with a Forensic Accountant and Brandi Glanville's Real Story
When I hear divorce planning, I think about somebody whose marriage has been on the rocks for multiple years. And you have no idea why these people are staying together. Well, it could be that one person is trying to restructure their finances so that when they do file for divorce, typically that would be like a second or a third marriage.
Money Rehab with Nicole Lapin
Uncovering Financial Infidelity with a Forensic Accountant and Brandi Glanville's Real Story
Not so often on the first one, unless they have a family history where they've seen divorce over and over and over. but they structure their finances and financial planning and everything else so that the picture they paint when they ultimately do file or when the other spouse files is not a favorable one. So, you know, that way they get to keep whatever it is that they're trying to hide.
Money Rehab with Nicole Lapin
Uncovering Financial Infidelity with a Forensic Accountant and Brandi Glanville's Real Story
There's also another couple terms that are related to divorce planning I'm going to throw at you. One is sudden income deficiency, SIDS. And the other one is SADS, sudden asset deficiency syndrome. And they kind of go with it. There's probably no end, though, to the possibilities for divorce planning if somebody really wants to hide it. And there are ways to counteract it, which in my case...
Money Rehab with Nicole Lapin
Uncovering Financial Infidelity with a Forensic Accountant and Brandi Glanville's Real Story
I try to find out when things started going bad in the marriage. And I assume at that point that one of the spouses or possibly both started moving assets around.
Money Rehab with Nicole Lapin
Uncovering Financial Infidelity with a Forensic Accountant and Brandi Glanville's Real Story
Intentional impoverishment is something that you're going to see, and it really is a shame when it comes up, where one of the parties is so bitter for the other that they would rather
Money Rehab with Nicole Lapin
Uncovering Financial Infidelity with a Forensic Accountant and Brandi Glanville's Real Story
intentionally take some action or inaction that's going to result in them having less income than they normally would have available just because they don't want to share it and it's it's really a shame when you see it fortunately for me i don't have to do anything when i do see it other than flag it to the attorney and say hey you may want to find out what's happening here possibly bring in a vocational expert let them determine what this fella or ladies
Money Rehab with Nicole Lapin
Uncovering Financial Infidelity with a Forensic Accountant and Brandi Glanville's Real Story
income really should be based on their level of experience and education and so forth.
Money Rehab with Nicole Lapin
Uncovering Financial Infidelity with a Forensic Accountant and Brandi Glanville's Real Story
This is great. Like, say, for example, loan application. And I'm not trying to rip this out of the headlines. Absolutely not. One of my favorite tools is the loan application. Because in that case, you're looking for how much income are you telling the bank that you make? What's it substantiated by? And for the business owner, what are you saying the business is worth?
Money Rehab with Nicole Lapin
Uncovering Financial Infidelity with a Forensic Accountant and Brandi Glanville's Real Story
I've had cases forever where they're doing what's called puffing, where you're inflating the numbers. because you want to get that good loan, right? That you can't really afford. I've also had cases where for some reason they're diminishing what their assets and their net worth is on a loan application. Still never figured out why, but I have seen that.
Money Rehab with Nicole Lapin
Uncovering Financial Infidelity with a Forensic Accountant and Brandi Glanville's Real Story
So that's probably the best example of third-party documentation.
Money Rehab with Nicole Lapin
Uncovering Financial Infidelity with a Forensic Accountant and Brandi Glanville's Real Story
For me, the big one is always when I hear from somebody that you don't need to worry about that. Or even better yet, it's complicated. It'll be too hard to explain to you. Let me just take care of it. So why are you not willing to share with me something that may affect both of us?
Money Rehab with Nicole Lapin
Uncovering Financial Infidelity with a Forensic Accountant and Brandi Glanville's Real Story
And if the answer seems complicated and it doesn't inherently feel like it should be complicated, it's because there's a layer there that they're inserting as a barrier and the barrier shouldn't be there.
Money Rehab with Nicole Lapin
Uncovering Financial Infidelity with a Forensic Accountant and Brandi Glanville's Real Story
Isn't there a change in how the financial assets are being accumulated? Did we suddenly go from having direct deposits and now we're receiving checks? Another fan favorite, because it's really not that creative, what people think it is, is they're going to switch from either having minimal federal tax withholding to maximizing the federal tax withholding.
Money Rehab with Nicole Lapin
Uncovering Financial Infidelity with a Forensic Accountant and Brandi Glanville's Real Story
thinking that they're going to file a separate return from their soon-to-be ex, and they're going to get to hide all that money and keep that tax refund for themselves. Nope, not going to happen. So we just have to look at what's changed. He's bringing home less money. Let's look at a piece though. Let's see if maybe he's putting more into a 401k. It could be anything.
Money Rehab with Nicole Lapin
Uncovering Financial Infidelity with a Forensic Accountant and Brandi Glanville's Real Story
I had a business owner who sold his business to his CPA. And we knew the transaction was bogus. Spouse knew it was bogus. All the paperwork lined up and we couldn't prove it. And it was really super frustrating.
Money Rehab with Nicole Lapin
Uncovering Financial Infidelity with a Forensic Accountant and Brandi Glanville's Real Story
so karma caught up to him though because what happened was after the divorce was settled etc the business owner went back to his cpa and said hey um i'm going to give you back your check and you know let me have my business back and the accountant got a really bad case of amnesia and said what no that was a real transaction so business owner and his spouse got back together ultimately over this
Money Rehab with Nicole Lapin
Uncovering Financial Infidelity with a Forensic Accountant and Brandi Glanville's Real Story
And they sued him and they did eventually get their business back.
Money Rehab with Nicole Lapin
Uncovering Financial Infidelity with a Forensic Accountant and Brandi Glanville's Real Story
Karma, baby. And it actually got crazier. And I've got three cases that were pretty epic. I hired a hitman to kill his wife.
Money Rehab with Nicole Lapin
Uncovering Financial Infidelity with a Forensic Accountant and Brandi Glanville's Real Story
Hitman was a cop, as it always is. And, you know, when he did that, then she files for divorce, blah, blah, blah, blah, blah, blah. While he's in jail, he hires another hitman, not to kill just her. But to kill the attorney, the forensic accountant, that's me,