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Charity Fraud: A Look Inside the Federal Investigation of Former NBA Player Kermit Washington

August 23 @ 12:00 pm - 1:00 pm CDT

$45

CLE: One credit of Continuing Legal Education is available for this session.

Overview

In November 2017, Kermit Washington pleaded guilty to the perpetration of multiple fraud schemes through the use of his charitable organization, ultimately sentencing him to 6 years in federal prison and nearly $970,000 paid in restitution. His frauds included:

  • Counterfeit software and eBay/PayPal Fraud,
  • An illegal referral scheme with a California attorney,
  • Falsification of records in a federal investigation, and
  • Embezzlement and IRS tax fraud

Join former IRS-CI Special Agent, Krista Shelton as she explains the techniques and analysis used to uncover the former NBA player’s fraudulence. A catered lunch is included with registration.

Key Topics

In this session we’ll explore the:

  • Investigative techniques used
  • Financial Analysis Completed, and
  • Excess Benefit Transactions for 501(c)(3)

Presenter

Krista SheltonKrista Shelton, CFE is the President of Focused Forensic Solutions, LLC, a forensic accounting and fraud investigation firm. FFS specializes in organizing and analyzing complex financial and other relevant data and providing results in accurate and timely summaries and reports.

Prior to forming FFS, Krista Shelton served as a Special Agent with the Internal Revenue Service, Criminal Investigation for nearly 10 years, where she investigated potential violations of the Internal Revenue Code and related financial crimes, including money laundering and violations of the Bank Secrecy Act.

As a Special Agent, Krista examined and analyzed vast amounts of complex financial data from diverse domestic and international sources. She has conducted numerous witness and subject interviews and participated in surveillance, undercover operations, execution of warrants, searches for physical and digital evidence, and seizures of contraband and assets obtained from illicit activities. Her roles also included preparing workpapers and reports to document evidence and identify applicable laws. Krista made prosecution recommendations to the United States Attorney’s Office and to the Department of Justice—Tax Division, assisted in preparing cases for trial, and testified as a Government witness.

Read more about Krista and her professional investigative experience here

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