Alex Kwechansky is a Diplomate, specialist in business fraud detection and prevention, in accordance with the requirements of the American Board of Forensic Accounting.
He has been conducting business fraud investigations and crisis management since 1972. His career began in professional accounting firms where he was assigned investigations into deceptive and fraudulent client activities in addition to audit functions and financial statement preparation.
His experience focuses on fraud detection, resolution and financial distress for companies and individuals. This work protects investors and lenders holding concerns about a management’s activities and in pre-investment due diligence.
His fraud detection experience has enabled him to detect and resolve issues of fraudulent theft and deceptive activities in business operations. His services have saved operations and retained privacy for the victims both corporate and individual.
He handled his first turnaround as CFO for Villager Shoe Shoppes, Ltd. a seventy store publicly traded retail chain in bankruptcy reorganization. Within seven months, the company was financially controlled and earning cash profits. This was the first of three retail crisis situations.
In1981 he began creating and teaching business operations courses and seminars at the University of California, Los Angeles (UCLA). He used his experience to create a course teaching how to build and control a retail chain. He followed that with a course teaching entrepreneurs how to build and control their businesses. In 1991 he created the course, Detection of Fraud in Business and Finance that he taught from 1991- 2004. He teaches from hands-on knowledge.
From 1994 - 2009 he taught Continuing Professional Education seminars for accountants (CPA) and attorneys on topics of deceptive client practices and for detection and resolution of untraceable business fraud.
He speaks regularly to business groups, including the Association of Certified Fraud Examiners, on topics of business and investment fraud and asset control. He has been quoted and interviewed extensively in the media.
The American College of Forensic Examiners published his online bookkeeping fraud detection course.
His book, Never Underestimate Who Can Cheat You! is an essential guide for business fraud detection and his web site, BusinessFraudAdvice.com provides fraud advice for businesses and individuals.
Currently, he is writing a series of advice articles for the Antique Automobile Club of America about how to recognize and avoid deception and fraud when buying vintage automobiles.
He is planning more educational material about business, finance and investment fraud detection and resolution to be released on electronic media.
