NOTABLE CASES

Bruce Dubinsky played a key role in uncovering the largest Ponzi scheme in history. He served as the U.S. Department of Justice’s expert witness in the “Madoff 5” criminal trial, where five top employees of Bernard Madoff were convicted. Over several days in court, he explained the mechanics of the fraud to the jury in clear, compelling detail. Separately, he was retained by Baker & Hostetler LLP, counsel to Irving H. Picard, Trustee for the SIPA liquidation of Bernard L. Madoff Investment Securities LLC, where he provided forensic accounting analysis and expert opinions related to the Madoff scheme.

Bruce Dubinsky served as a forensic accountant during the investigation into the collapse of Lehman Brothers, assisting Special Examiner Anton Valukas. His role involved evaluating Lehman’s financial practices and investigating allegations of misconduct, particularly the firm’s use of "Repo 105" transactions—an accounting maneuver used to temporarily remove liabilities from the balance sheet to present a healthier financial position. Dubinsky's analysis contributed to uncovering how these transactions were structured to avoid proper disclosure and mislead investors and regulators. His work played a key part in detailing the accounting manipulations and lack of transparency that contributed to Lehman’s historic bankruptcy.

Hired by defense counsel to provide expert testimony in a case brought by the United States Securities and Exchange Commission against lawyers in the Enron General Counsel’s office as a result of their involvement in the Enron Fraud.

In a landmark U.S. civil trial, Bruce Dubinsky served as the government of Denmark’s expert witness, testifying before a Manhattan federal jury to expose the fraudulent nature of the so-called “cum-ex” trades. His expert analysis helped unravel the complex financial scheme used by the defendants—four individuals and 17 pension plans—to fraudulently claim hundreds of millions in Danish tax refunds on dividends they never received. The jury ultimately awarded Denmark’s tax authority, SKAT, $500 million in damages, marking a significant victory in its global effort to recover over $2 billion in stolen funds.

Bruce was hired by the United States Department of Justice as the testifying forensic accounting expert in the Samuel E. Wyly and Caroline D. Wyly bankruptcy cases in the U.S. Bankruptcy Court- N.D. Texas and testified regarding the alleged tax fraud involving an elaborate off-shore trust and corporate structure utilized by the Wyly’s for over twenty years to avoid paying federal income and gift taxes in the United States

Bruce was hired by the United States Department of Justice as the testifying forensic accounting expert in an extremely high profile criminal tax fraud case in the history of the United States in the case against Robert F. Smith. Mr. Smith entered into a deferred prosecution agreement with the government arising out of his admission of using an offshore tax scheme to avoid paying over $300 millions dollars in unpaid income taxes, penalties and interest.

Hired by the court appointed Election Monitor as the forensic investigator on campaign finance fraud for the United States Department of Justice through appointment by the U.S. District Court for the Southern District of New York from 1995-2016 International Brotherhood of Teamsters (IBT) Union Delegate and Officer Election.

Hired as a testifying damages expert for the defense in a case with nearly $1 billion dollars of alleged damages for an alleged patent licensing breach of contract case involving hard disk drive spindle motors and related hard disk drive component products.

Bruce Dubinsky served as the forensic accounting expert for the U.S. Department of Justice and the Internal Revenue Service in the civil tax fraud case involving the estate of billionaire Robert Brockman. The matter resulted in a $750 million settlement, the largest individual civil tax fraud recovery in U.S. history.

The government alleged that more than $2 billion in taxable income was concealed through complex offshore entities and foreign trusts. Mr. Dubinsky analyzed the structures, traced concealed income, and quantified federal tax loss in support of the government’s enforcement efforts.