HOW IT WORKS
Do you need to analyze bank statements and other financial documents for your fraud cases? Let’s face it, analyzing hundreds of bank statements and thousands of transactions is tedious, nerve-racking and time consuming. What if you can turn this chore into a process that takes minutes instead of days?
With eFraud Investigator, you can do just that! Using the latest AI capabilities, we help you do your job faster, with more accuracy and less cost.
Bank Statement
Credit Card Statement
Credit Union Statement
Brokerage Statement
Upload PDFs to extract transactions by account
Manage accounts by case
Use built-in reports to identify patterns of fraud
Easily correct errors in real time
Click to export results to Excel, Word, PDF, Print
CASE STUDY
NEW YORK – New York Attorney General Letitia James today announced a 20-count criminal indictment charging Aaron D. Fischman — former CEO of the now defunct company Cardis Enterprises International (USA), Inc. (Cardis) — with operating a multi-million dollar securities fraud scheme that defrauded over $22 million from investors across the country and around the world.
Pursuant to a money judgement against Mr. Fischman, the banking records of his attorney Lawrence Katz were successfully procured by subpoena.
Now, as a result of the subpoena process, it has been learned through a forensic analysis that over $31 million intended as direct investment into Cardis was diverted. It is believed that Mr. Fischman raised over $60,000,000, including money from offshore investors.
eFraud Services performed the analysis of 39 bank accounts that were used to perpetrate this fraud. The attorneys said “eFraud was able to accomplish in 2.5 months what we could not do in 2 years.”
BUSINESS CASE
| CASE | Aaron Fischman Investment Fraud | Burlington County Embezzlement | Ariel Quiros Money Laundering |
| Total time spent analyzing bank statements manually | 2000 hrs. | 300 hrs. | 2500 hrs. |
| With existing software | 200 hrs. | 12.5 hrs. | 233 hrs. |
| With eFraud | 10 hrs. | 1.7 hrs. | 11.7 hrs. |
| Labor reduction | 99.5% | 99.4% | 99.5% |
| Savings compared with manual | $398,000 | $198,867 | $497,660 |
| Total time spent analyzing bank statements manually | 2000 hrs. |
| With existing software | 200 hrs. |
| With eFraud | 10 hrs. |
| Labor reduction | 99.5% |
| Savings compared with manual | $398,000 |
| Total time spent analyzing bank statements manually | 300 hrs. |
| With existing software | 12.5 hrs. |
| With eFraud | 1.7 hrs. |
| Labor reduction | 99.4% |
| Savings compared with manual | $198,867 |
| Total time spent analyzing bank statements manually | 2500 hrs. |
| With existing software | 233 hrs. |
| With eFraud | 11.7 hrs. |
| Labor reduction | 99.5% |
| Savings compared with manual | $497,660 |
Have questions or need more information? We are available and ready to help. We can walk you through the process in more detail and guide you in determining which pricing option is right for you. All you have to do is send us an email, pick up the phone, or click the Chat button.
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| Monthly subscription package | Cost per month | Cost per page | Cost per page over | |
|---|---|---|---|---|
| 500 pages/month | $425/month | $0.85 | $0.95/page over 500 | Select 500 page package |
| 1,000 pages/month | $850/month | $0.85 | $0.95/page over 1,000 | Select 1,000 page package |
| 2,000 pages/month | $1,700/month | $0.85 | $0.95/page over 2,000 | Select 2,000 page package |
| 5,000 pages/month | $4,250/month | $0.85 | $0.95/page over 5,000 | Select 5,000 page package |
| Annual prepay subscription package | Cost per year | Cost per page | Cost per page over | |
|---|---|---|---|---|
| 10,000 pages/year | $7,500/year | $0.75 | $0.95/page over 10,000 | Select 10,000 page package |
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| 50,000 pages/year | $37,500/year | $0.75 | $0.95/page over 50,000 | Select 50,000 page package |
| 100,000 pages/year | $75,000/year | $0.75 | $0.95/page over 100,000 | Select 100,000 page package |
