Devin Yaeger

Devin Yaeger is a consultant at Fulcrum Inquiry, an accounting, finance and economic consulting firm specializing in complex litigation, forensic investigations and appraisal issues across a broad spectrum of industries.

Author's posts

$1.5 Billion Clerical Error: Appellate Ruling Finds That Authorization Trumps Intent, Reverses Bankruptcy Court’s Opinion

In the recent matter of re: Motors Liquidation Co., et al. the Court of Appeals for the Second Circuit (the “Appellate Court”) ruled that a clerical error which unintentionally rendered $1.5 billion of debt unsecured due to the inclusion of an improper financial statement, was in fact authorized and thus enforceable. The Appellate Court determined …

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Permanent link to this article: http://betweenthenumbers.net/2015/01/1-5-billion-clerical-error-appellate-ruling-finds-that-authorization-trumps-intent-reverses-bankruptcy-courts-opinion/

Mathematical Rule Uncovers Several Hundred Thousand Dollar Fraud

An article recently published in the Wall Street Journal details how “the law of first digits”, also known as Benford’s Law, can uncover fraud. Benford’s Law, named after a 20th century American physicist, states that in nearly all real-world distributions of numbers the frequency of ones, twos, threes, and so on, in the first digit …

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Permanent link to this article: http://betweenthenumbers.net/2015/01/mathematical-rule-uncovers-several-hundred-thousand-dollar-fraud/

The Alarming Results of the First Independent Review of the G20’s Whistleblower Policies

The Australian division of Transparency International recently released a report assessing the adequacy of the G20’s whistleblower laws, regulations, and protections. The assessment was done in preparation for this past November’s G20 Summit, hosted in Australia, during which corporate and public fraud were top agenda topics. These nefarious activities have a substantial negative impact on …

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Permanent link to this article: http://betweenthenumbers.net/2015/01/the-alarming-results-of-the-first-independent-review-of-the-g20s-whistleblower-policies/

The Usual Suspect: Greece Again On the Verge of Instigating More Economic Turmoil in Europe

Greece, the problem child of the European Union (“EU”), is living up to its reputation. The EU continues to falter economically, with the peripheral members in various states of recession and with the central and northern nations stagnating or experiencing only minor growth. Overall, as of the beginning of 2015, Europe has not experienced anything …

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Permanent link to this article: http://betweenthenumbers.net/2015/01/the-usual-suspect-greece-again-on-the-verge-of-instigating-more-economic-turmoil-in-europe/

National Taxpayer Advocate Reports Grim Conditions Faced by US Filers Seeking Customer Service

With tax season just around the corner, the annual report from the National Taxpayer Advocate Service (“TAS”) is making headlines – for all the wrong reasons. This federally appointed office within the Internal Revenue Service (“IRS”) is responsible for assisting American taxpayers who are in burdensome, complex, and/or financially strenuous disputes with the IRS. In …

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Permanent link to this article: http://betweenthenumbers.net/2015/01/national-taxpayer-advocate-reports-grim-conditions-faced-by-us-filers-seeking-customer-service/

Forty Under 40 Honored by the National Association of Certified Valuators and Analysts

Forty “rising stars” in the field of business valuation and forensic accounting were recently honored by The National Association of Certified Valuators and Analysts (“NACVA”). Following a nationwide examination of practitioners in the field, the NACVA named its “Forty Under 40” list of top, up-and-coming valuation experts. The honorees exemplified the founding principles of the NACVA, …

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Permanent link to this article: http://betweenthenumbers.net/2014/12/forty-under-40-honored-by-the-national-association-of-certified-valuators-and-analysts/

Should The Elderly Be Paying More for Movie Tickets?

A recent article in Bloomberg BusinessWeek discussed how in contrast to past generations, American seniors currently make up one of the wealthiest segments of the US population. According to Bloomberg, a combination of strong saving habits (honed from having lived through the Great Depression) and advantageous timing (having come of working age just after WWII …

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Permanent link to this article: http://betweenthenumbers.net/2014/12/should-the-elderly-be-paying-more-for-movie-tickets/

The Multi-Faceted Explanation Behind the Current Drop in Gasoline Prices Across the US

With the national average for ’87 octane descending below $3 a gallon, American drivers are paying less at the pump than they have since the beginning of the Great Recession (in terms of seasonality price, the current average is the lowest since 2009, in terms of absolute pricing, an average gallon of gas hasn’t been …

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Permanent link to this article: http://betweenthenumbers.net/2014/11/the-multi-faceted-explanation-behind-the-current-drop-in-gasoline-prices-across-the-us/