An FBI Presentation on Virtual Currency / Bitcoin
An open source digital asset and payment system using Peer-to-peer technology with no central authority or banks. What is it and what are the security risks?
Randal A. Wolverton CPA/CFF; CFE
Retired FBI Special Agent Randal A. Wolverton has been a Certified Public Accountant (CPA) approximately twenty-four years. Wolverton joined the Federal Bureau of Investigation (FBI) in January 1981 where he received training at the FBI Academy, Quantico, Virginia. After graduating from the FBI Academy, he was assigned to the Kansas City Division where he worked cases involving Violent Crime matters. Wolverton was transferred in June 1982 to the Louisville Division of the FBI where he worked Violent Crime, White Collar Crime, Drugs, and Public Corruption matters. Wolverton was transferred in 1984 to the Philadelphia Division of the FBI where he worked White Collar Crime and Organized Crime matters. Wolverton was transferred in 1990 to the Kansas City Division where he worked White Collar Crime, Violent Crime, Domestic Terrorism, Health Care Fraud, and Public Corruption matters.
Wolverton was promoted in November 2007 to the Financial Crimes Section, Economic Crimes Unit at FBI Headquarters in Washington DC and was responsible for program management of Corporate Fraud, Securities Fraud, Insurance Fraud, and Mass-Marketing Fraud matters. Wolverton was accredited as a Certified Instructor after completing the FBI Instructor Development Course and thereafter provided instruction on White Collar Crime matters to FBI Special Agents at the FBI Academy in Quantico, Virginia.
While employed by the FBI as a Special Agent and a Supervisory Special Agent, Wolverton maintained membership with the American Institute of Certified Public Accountants (AICPA) and Association of Certified Fraud Examiners (ACFE). Wolverton attained accreditation from the AICPA as Certified in Financial Forensics (CFF). Wolverton has developed and provided training relating to fraud detection, investigation, and prevention to numerous law enforcement agencies, college undergraduate and graduate programs, auditors, accountants in private practice, and other professional organizations. Wolverton formerly served on the AICPA Forensic and Litigation Services Committee and is the past Chairman of the AICPA Fraud Task Force.
Wolverton retired from the FBI after approximately 28 years of service and currently resides in Kansas City, Missouri. Wolverton is licensed as a CPA in Missouri and Kansas, and provides forensic accounting services as a Sole Practitioner. Wolverton is currently employed as a Contract Forfeiture Investigator (CFI) with the West River Group, LLC, and is assigned to work in the Kansas City Division of the FBI. As a CFI, Wolverton will work criminal cases with FBI Agents to trace illicit funds, identify assets illegally procured with criminal proceeds, and initiate forfeiture proceedings to seize the assets.
Wolverton researched and assisted in the preparation of an AICPA White Paper entitled Conducting Effective Interviews to provide guidance to CPAs involved in engagements where interviewing skills are necessary. Wolverton researched and authored an article published in the AICPA Journal of Accountancy entitled “What CPAs Need to Know about Organized Crime” (April, 2012). Also in 2012, Wolverton co-edited a book entitled “White Collar Crime – Core Concepts for Consultants and Expert Witnesses” published by the AICPA.
Brian J. Koechner, CPA
Forensic Accountant, Federal Bureau of Investigation
Brian Koechner joined the Federal Bureau of Investigation as a Forensic Accountant in March 2012. Upon receiving training in Quantico, Virginia, he was assigned to the White Collar Crime Squad investigating a wide array of complex financial crimes such as securities fraud, corporate fraud, health care fraud, and intellectual property rights. Koechner is the program coordinator for the Forensic Accounting unit in the Kansas City Division and received the Support employee of the year award last year.
Prior to joining the FBI, Koechner successfully graduated from Officer Candidate School with the United States Marine Corps and finished in the top 5% of his graduating platoon in 2003.
Upon graduating from college, he accepted an offer from a large accounting firm and spent approximately 7 years in the Big 4 accounting environment. While working at Deloitte and PricewaterhouseCoopers, he acquired a strong working knowledge of corporate tax, partnership tax, international tax, estate tax, hedge funds, audit techniques, and individual taxation by working on Fortune 500 companies, large publicly traded partnerships, high net worth individuals, and mutual funds.
Koechner obtained his CPA license in the state of Missouri in 2008 and is an active CPA in the state of Missouri. Koechner attended the University of Missouri and graduated Magna Cum Laude with a Masters of Accountancy and a Tax Certificate. Koechner also majored in Economics and taught Economics and Accounting courses while attending the University of Missouri as an undergraduate and graduate student.
Koechner founded Sky Consulting, a tax and financial planning firm that assists individuals and small businesses with tax and financial issues
Brian is a member of the American Institute of Certified Public Accountants and frequently provides presentations regarding elder fraud and forensic accounting to local communities.
Brian coaches a little league baseball team and spends the majority of his free time with his wife golfing, traveling, and working out.