Alexandra Mahnken

Director, CIRA, CDBV, CFE · +1 (646) 776 6186
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Alexandra’s 30-year career spans litigation consulting, fraud and forensic investigations, and distressed company advisory roles. Alexandra routinely drafts expert reports involving complex financial concepts, leads fraud investigations and discovery processes and prepares witnesses for testimony.

Her case experience includes fraud, fraudulent conveyances, preferential transfers, Ponzi schemes, borrowing base fraud, pension asset misappropriation, reconstruction of records, and other forensic and litigation matters. Her industry experience includes agriculture, apparel, automotive suppliers, financial services, hospitality and restaurants, real estate and general manufacturing.

Before joining Baker Tilly, Alexandra was a Senior Director in the Business Advisory practice of Huron Consulting Group.

  • Investigated alleged fraud and embezzlement by a municipal employee from county programs. Employee was alleged to have perpetrated a multi-million dollar fraudulent vendor scheme for over a decade. Co-authored report presented to County Attorney. Employee pled guilty to federal and state charges.
  • Investigated potential causes of action, including constructive fraudulent transfer, as part of Baker Tilly team acting as financial advisor to the Disinterested Directors of the Seadrill Limited Board of Directors. Co-leader of the team performing the analysis of assessment of capital adequacy and ability to pay.
  • Senior member of the Baker Tilly leadership team in its role as Advisor to the Governance Committee of the Board of Directors of Caesars Entertainment Operating Company, Inc. (CEOC), in the CEOC bankruptcy.
  • As financial advisor to the Official Committee of Unsecured Creditors of a $2 billion steel producer in Chapter 11, led the forensic investigation to support the Committee’s complaint for breach of fiduciary duty and re-characterization and/or equitable subordination of the majority shareholder’s subordinated debt.
  • Led the forensic investigation into 20 transactions for a $500 million automotive manufacturer in Chapter 11 for recovery as voidable transactions, including intercompany transfers between debtors and non-debtors, payment of judgments against non-debtors, repayment of personal loans, and the purchase of assets by former Chairman for personal use. Investigated pension fund transactions including “prohibited transactions” under ERISA, aided the Department of Labor in its investigation of civil charges against the Chairman and other individuals for these actions.
  • Led the forensic investigation on behalf of a §1031 qualified intermediary in Chapter 11 where the owner was alleged to have misappropriated $150 million of client funds. Because the company had been shut down by the Department of Justice and its computers and servers confiscated, the case required the reconstruction of books and records without the help of any legacy employees. Led the client funds tracing investigation to be able to close client exchange transactions, resulting in 100% recovery to those creditors. Assisted the Office of United States Attorney for the Eastern District of Virginia, which resulted in the successful prosecution of the owner for conspiracy, wire fraud, money laundering, smuggling, and perjury. The owner was sentenced to and is serving 100 years in Federal prison. He was featured on an episode of “American Greed.”
  • Provided complex financial analysis in support of a settlement for two shareholders alleged to have made improper transfers out of a bankruptcy estate to non-debtor affiliates.
  • Provided complex financial analysis for the defendant in a criminal insider trading case.

Prepared expert reports on behalf of:

  • A litigation trust making a business interruption insurance claim on behalf of a $70 million commercial nursery destroyed in a flood. After the flood, the company filed for bankruptcy protection and was liquidated. The assignment included the reconstruction of the debtors’ books and records lost in the flood.
  • The former CEO of a technology company sued for recovery of severance payments as preferences and voidable transactions.
  • A large institutional lender alleging that its borrower committed fraud by certifying worthless collateral upon which it borrowed.
  • A lender alleging that its borrower committed fraud by fabricating shipments upon which it borrowed.
  • American Bankruptcy Institute
  • Association of Certified Fraud Examiners
  • Association of Insolvency and Restructuring Advisors (AIRA)
  • Instructor, CIRA certification classes, AIRA
  • International Women’s Insolvency and Restructuring Confederation
  • Turnaround Management Association
  • Panel Member, “Voidable Transactions,” 31st Annual AIRA Conference, Philadelphia, PA, June 2015 and related article on the implications for trade creditors of the Janvey v. The Golf Channel decision

Location

New York

Education

Bachelor of Science in Economics, summa cum laude

The Wharton School of the University of Pennsylvania