Greg Buchanan

Greg Buchanan, a Partner with StoneTurn, brings almost 25 years of combined experience in forensic accounting, risk management, litigation consulting and auditing. He has extensive experience working on complex corporate fraud investigations, anti-corruption and anti-bribery engagements, compliance matters and commercial litigation cases involving public and private companies.

Greg has led many high-profile fraud investigations across various industries, which has involved financial reporting irregularities, misappropriation of assets, and other misconduct on both the domestic and international fronts. These matters involved asset tracing, including investigating the flow and usage of funds, embezzlements, self-dealings, conflict of interests, anti-money laundering, Foreign Corrupt Practices Act and UK Bribery Act violations, real estate fraud, procurement fraud, kickbacks, bank fraud, securities fraud, health care fraud, false financial reporting and contractual disputes. He has extensive expertise conducting forensic accounting analyses, evaluating key internal controls, identifying and quantifying misappropriated assets and assessing alleged fraud schemes.

Greg has also assisted companies and legal counsel on a variety of complex accounting matters, including government enforcement actions, related to various Generally Accepted Accounting Principles (GAAP) issues, including the improper treatment of revenue recognition, inaccurate and inappropriate accounting of reserves and expenses, and other financial reporting irregularities.

He has participated in a variety of litigation matters, including purchase price disputes, the preparation and analysis of damage claims, bankruptcy matters and royalty audits, conducting forensic accounting work for court-appointed Receivers, among others.

Greg worked on one of the largest and most high-profile corporate compliance monitorships in history – the U.S. Department of Justice (DOJ)-Appointed Independent Compliance Monitor and Auditor of Volkswagen AG. As part of the VW monitorship team, Greg led anti-corruption testing efforts, partnering with a multidisciplinary team of attorneys, forensic accountants and compliance professionals. The team focused on evaluating the design and operating effectiveness of key policies, risk assessment processes and various internal controls designed to mitigate corruption risk in high-risk areas, such as gifts and other gratuities, invitations, sponsorships and donations. In addition, Greg’s team assessed the internal audit function’s procedures to proactively perform audits of corruption risks, including evaluating internal audit’s risk assessment processes and conducting shadow audit procedures for audits performed in high-risk locations. Greg also led testing efforts related to VW’s response to the emissions scandal misconduct, which included a root-cause analysis and “lessons learned” policies and processes.

Greg has reported findings and recommendations to legal counsel, boards of directors, the Securities and Exchange Commission (SEC), Office of Thrift Supervision, the Federal Deposit Insurance Corporation (FDIC) and other regulators.

Prior to joining StoneTurn, Greg worked in the Forensic Accounting and Audit practices at KPMG, and the Forensic Accounting and Litigation Consulting practice at Kroll.

Greg is a Certified Public Accountant (licensed in the state of Illinois), a Certified Fraud Examiner and is Certified in Financial Forensics.