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Criminal Analyst Declares Bernard Madoff Scandal Was Predictable through Forensic Profiling
Phoenixville, PA
Thursday, December 18, 2008
CRIMINAL ANALYST DECLARES BERNARD MADOFF SCANDAL WAS PREDICTABLE: FORENSIC PROFILING COULD HAVE PREVENTED LARGEST ALLEGED FINANCIAL FRAUD IN U.S. HISTORY
Media contact: Kirk Swauger
SERAPH Inc.
814-233-5769
Toll free: 866-468-7962
Swauger1@zoominternet.net
Renowned Criminal Analyst Dale Yeager says due diligence through the use of forensic profiling could have predicted the $50 million Ponzi scheme allegedly orchestrated by Bernard Madoff. Without profiling and psychological assessment, financial clients often can be manipulated by con artists, said Yeager, a forensic expert retained for numerous high-profile criminal investigations.The federal Securities and Exchange Commission has launched an internal investigation to determine why it missed repeated opportunities to discover the alleged fraud.
"Our clients have avoided this type of scam because we include profiling in our due diligence," said Yeager, CEO of SERAPH Inc. in suburban Philadelphia. "Traditional background checks are limited. Assessing the behavior of the person or persons you are handing your money over to is critical to protecting yourself"
SERAPH was the first security consulting firm to use forensic profiling in business investigations"In this day and age, it is irresponsible to use old investigative methods to determine risk," Yeager said. "But that is what is being done by some of the largest risk-management firms in the country – to the detriment of their clients"
Dale Yeager, CEO
SERAPH Inc.
The Problem Solving Company
610-237-3902, ext. 801 (Office)
702-995-8251 (Fax)
www.seraph.net
www.expertclick.com/19-3495
www.linkedin.com/in/daleyeager
Media contact: Kirk Swauger
SERAPH Inc.
814-233-5769
Toll free: 866-468-7962
Swauger1@zoominternet.net
Renowned Criminal Analyst Dale Yeager says due diligence through the use of forensic profiling could have predicted the $50 million Ponzi scheme allegedly orchestrated by Bernard Madoff. Without profiling and psychological assessment, financial clients often can be manipulated by con artists, said Yeager, a forensic expert retained for numerous high-profile criminal investigations.The federal Securities and Exchange Commission has launched an internal investigation to determine why it missed repeated opportunities to discover the alleged fraud.
"Our clients have avoided this type of scam because we include profiling in our due diligence," said Yeager, CEO of SERAPH Inc. in suburban Philadelphia. "Traditional background checks are limited. Assessing the behavior of the person or persons you are handing your money over to is critical to protecting yourself"
SERAPH was the first security consulting firm to use forensic profiling in business investigations"In this day and age, it is irresponsible to use old investigative methods to determine risk," Yeager said. "But that is what is being done by some of the largest risk-management firms in the country – to the detriment of their clients"
Dale Yeager, CEO
SERAPH Inc.
The Problem Solving Company
610-237-3902, ext. 801 (Office)
702-995-8251 (Fax)
www.seraph.net
www.expertclick.com/19-3495
www.linkedin.com/in/daleyeager
Dale Yeager
CEO
SERAPH
Phoenixville, PA
610-237-3902
