Nicholas R. Troszak is a Certified Public Accountant, Certified in Financial Forensics (CPA/CFF), and Certified Insolvency and Restructuring Advisor (CIRA) with over 10 years of experience providing services in bankruptcy, forensic/investigative accounting, and litigation support.
Mr. Troszak has served in numerous bankruptcy and insolvency matters, including court appointments as accountant to the trustee, accountant to the liquidating estate manager, accountant to the debtor, and financial advisor to the official committee of unsecured creditors. His experience includes the investigation of alleged insider dealings, investigation and pursuit of preferences, fraudulent transfers and other causes of action, tracing of funds, financial data reconstruction, liquidation analyses, plan preparation, solvency analyses, claims resolution, and liquidation of assets. He has advised trustees in operating Chapter 11 companies, developing cash-flow projections, budgeting, and managing other day-to-day accounting activities.
Mr. Troszak has significant training and experience investigating fraud and mismanagement, including financial statement fraud, Ponzi schemes, embezzlement schemes, bank fraud, and bankruptcy fraud. He has testified before a federal grand jury regarding the debtor conducting and operating an alleged Ponzi scheme. He has also testified in federal bankruptcy court as to the accuracy of the debtor’s financial records and accounting procedures.
Michigan State University
B.A., Accounting, 2003
Staff accountant/Senior accountant/Managing consultant
2005 - 2011
Neilson Elggren LLP
2004 - 2005
American Bankruptcy Institute
American Institute of Certified Public Accountants
Association of Certified Fraud Examiners
Association of Insolvency & Restructuring Advisors
California Society of Certified Public Accountants
Western Center on Law and Poverty
Advisory board member, 2013
Turnaround Underground, Los Angeles
Planning committee member, 2013