Corporate Recovery Services www.cbiz.com/forensicaccounting Issue Through an employee tip, a metal recycling company learned high-value recycled materials were being removed from the premises under suspicious circumstances. It hired a private investigator who provided a report to the insurance provider, but a claim for the lost inventory was denied because the company did not present enough evidence to establish the amount of recycled material that had been stolen. The company did not maintain beginning inventory and had poor internal controls that made the scope of the theft difficult to prove. Solution Our forensic accounting team assisted the metal recycling company in quantifying the missing scrap material so the company could receive the appropriate insurance recovery. We rev

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