Stout was retained to assist in the investigation of alleged fraudulent real estate transactions used to inflate property values and secure higher mortgage loans than would otherwise have been available.

Stout personnel reviewed over 160,000 bank transactions, with total inflows and outflows exceeding $46 million each, as well as over 130,000 general ledger entries and real estate closing documents, including purchase and sale agreements, settlement statements, assignments, mortgages, and guarantees, among others.

Our findings enabled counsel to successfully defend the company and its owners from indictment.