Marks Paneth & Shron Sr. Manager Sareena M. Sawhney Makes the Case for Forensic Accountants in Article Examining Recent Surge in Ponzi Schemes

Forensic Accountants Play Critical, Investigative Role in Reconstructing Ponzi Scheme Activity

NEW YORK, NY--(Marketwire - April 22, 2010) -   Sareena M. Sawhney, MBA, CFE, CFFA, Senior Manager in the Litigation and Corporate Financial Advisory Services Group of leading New York-area accounting firm Marks Paneth & Shron LLP, has authored an article discussing the critical role played by the forensic accountant in detecting and investigating Ponzi schemes -- a heavily investigated area of financial crime due in part to the recent economic meltdown.

In addition to providing statistics on the current state of investigative activity, Ms. Sawhney's article discusses:

  • How Ponzi schemes often become exposed in financial bubbles
  • The red flags that should signal investors of a likely Ponzi scheme
  • How forensic accountants work along side law enforcement officials and attorneys to "reconstruct the scheme" by tracing the movement of funds
  • Why forensic accountants are vital members of the investigative team

The full text of Sareena Sawhney's article can be found at:

To speak with Sareena M. Sawhney about issues related to forensic accounting, please contact Itay Engelman of Sommerfield Communications at 212.255.8386 or via email at

About Marks Paneth & Shron

Marks Paneth & Shron LLP is an accounting firm with nearly 475 people, of whom 64 are partners and principals. The firm provides businesses with a full range of auditing, accounting, tax, bankruptcy and restructuring services as well as litigation and corporate financial advisory services to domestic and international clients. The firm also specializes in providing tax advisory and consulting for high-net-worth individuals and their families, as well as a wide range of services for international, real estate, media, entertainment, nonprofit, professional and financial services and energy clients.

MP&S provides a variety of civil and criminal fraud investigation, prevention and forensic accounting services to for-profit clients and nonprofit clients on engagements involving financial fraud, theft and embezzlement, errors and irregularities and other accounting misconduct. Visit for more information.

About Sareena M. Sawhney

Sareena M. Sawhney, MBA, CFE, CFFA, is a Senior Manager in the Marks Paneth & Shron Litigation and Corporate Financial Advisory Services Group. Ms. Sawhney provides forensic accounting services as well as services related to commercial litigation and economic damages. Ms. Sawhney has consulted on breach of contact, fraud, tracing of assets, purchase price disputes, lost profits, bankruptcy, business interruption and damages assessment for mid-size to Fortune 500 companies.

Contact Information:

Itay Engelman
Sommerfield Communications, Inc.