JDS Forensics

Forensic Accounting & Consulting Services

Founder

John D. Sincore is a Certified Public Accountant (CPA), and Certified Fraud Examiner (CFE) and founder of JDS Forensics LLC. Mr. Sincore has consulted on a diverse range of forensic accounting & consulting engagements on behalf of Policy Holders, Insurance Companies, Attorneys, CPA Firms, Receivers, Trustees, Corporate Monitors, Disaster Recovery Firms, and various Government Entities at the Federal, State, and Local level.

In his role as a Forensic Consultant, Mr. Sincore has been called on to analyze more than a 1,000 economic damage claims including loss measurement services in both man-made and natural disasters (Hurricanes, Deepwater Horizon Oil Spill, Tornados, and Fire). Mr. Sincore also serves in the capacity as an Umpire and/or Appraiser in the Appraisal process found in many insurance policies

Mr. Sincore’s primary focus is Forensic and Investigative Accounting for the insurance industry calculating Business Interruption Claims. However, he also assists his non-insurance clients investigating Corporate Embezzlements, Ponzi Schemes, Bankruptcy & Receivership Fraud, Securities & Insurance Fraud, IRS Tax Disputes, and Disaster Recovery Consulting Services for Federal, State, and Local Government Entities including Public Assistance, Hazard Mitigation Grant Program (HMGP), Community Disaster Loan (CDL) Program, and Financial Grant Management services. 

Background

Mr. Sincore attained his Bachelor of Accounting degree from the University of Florida and his Master of Accounting degree from Florida International University. Since 2006 to the present, Mr. Sincore has served primarily in the capacity as a Forensic Consultant to CPA Firms, Attorneys, Insurance Companies, Fortune 500 Companies, Policy Holders, and Various Government Entities.  
 

Financial Fraud

Financial fraud may be committed by an officer, manager, or employee of a company and may result in financial distress or possibly the inability of the company to continue as a going concern.

Attorneys, Trustees, Receivers, Corporate Monitors, Insurance Companies, and various Government Entities typically will call upon a forensic accountant to follow the money involving various fraud schemes including Ponzi schemes, bankruptcy fraud, securities fraud, insurance fraud, grant fraud, money laundering, and corporate embezzlements.

Procedures to determine how the fraud occurred and to quantify the economic damages may include:

• Interviews of Key Financial Officers and Accounting Personnel
• Review of source documentation such as invoices, approved vendor lists, canceled checks, payroll records, deposits records, bank statements, general ledgers, unusual journal entries, income tax returns, financial statements analysis, bank reconstructions, and email analysis and other applicable analytics
• Review of internal control procedures, including internal & external audit reports