Dan Ray is a partner at Hemming Morse with more than 35 years of extensive experience in conducting financial investigations across a broad range of industries.
During his more than eight years as a special agent with the FBI, Dan specialized in the investigation of complex white-collar crime matters, including several of the largest savings and loan failures in California. Since joining Hemming Morse in 1995, he continues to conduct investigations involving corporations in a variety of industries, including securities, insurance, banking and healthcare. He has assisted both prosecution and defense counsel, working as a consultant and expert witness in civil and criminal cases and testifying in federal, state and local courts.
Dan’s work includes a deep and unique focus in Foreign Corrupt Practices Act (“FCPA”) matters, having twice served as an FCPA Compliance Monitor, and also as an FCPA Compliance Consultant. In 2005, he was retained to serve for three years as the FCPA Compliance Monitor for Diagnostic Products Corporation (later becoming Siemens Healthcare Diagnostics) on behalf of the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ). In 2012, Dan was once again retained to serve as an FCPA Compliance Monitor for a medical device company based in Europe. Both of these engagements involved monitoring the worldwide operations of these publicly traded companies. In addition, in 2012, Dan commenced a four-year assignment as an FCPA Consultant for a pharmaceutical company with sales primarily in China.
Dan has published and been featured in several articles, and lectures frequently on the topic of fraud and forensic accounting.
Towson State University, Baltimore, Maryland, B.S., Business Administration, 1978
American Institute of Certified Public Accountants
California Society of Certified Public Accountants
Former chair, Forensic Services Committee
Society of Former Special Agents of the FBI
TAGLaw and TIAG
Co-chair, Government Investigations and White Collar Crime Committee
“The Foreign Corrupt Practices Act: Opportunities for
Accountants and Lawyers,” The Witness Chair, Winter 2016
“Tips For An Efficient and Effective Fraud Investigation,” Law360, July 2015 (Co-Author)
“The Secret Life of Corporate Monitors,” California Lawyer Magazine, December 2014 (Featured)
“Funds Tracing in a Murder Investigation,” AICPA Forensic and Valuation Services Conference, Atlanta, GA, November 2018
“How Many Frauds Can be Perpetrated at One Time? A Case Study,” AICPA Forensic and Valuation Services Conference, Atlanta, GA, November 2018
“Overview of the U.S. Judicial System,” Tel Aviv and Berkeley Law Schools Joint LL.M. Program
Berkeley, CA, July 2018
“Law and Privacy – A Debate About the Locked iPhone Litigation,” Tel Aviv and Berkeley Law Schools Joint LL.M. Program, Berkeley, CA, July 2017
“Foreign Corrupt Practices Act – Latest Trends,” California Society of CPAs, Newport Beach, CA, March 2016
“Case Study – The Shopping Center King: Insurance Fraud and a Host of Other Bad Things,” California Society of CPAs, Los Angeles, CA, August 2015
“Foreign Corrupt Practices Act – A Monitor’s Perspective,” Institute of Internal Auditors, Hawaii Chapter, Honolulu, HI, February 2012
“Internal Controls, Governance and Management Structure,” Panelist, The China Deal 2012: Legal and Economic Outlook for Inbound and Outbound Deals, Thompson Reuters, 2012