Members of the CRA team lead the investigation into an alleged fraud involving a $300m take-private transaction. As part of our assignment, we researched the counterparties held out by the acquisition target as providing millions of dollars in customer revenue. The investigation revealed that the names of the counterparties were fabricated, the locations were non-existent, thus proving that the management of the acquisition target created the transactions to artificially inflate the company’s value. Our findings were presented to the DOJ, SEC, and FBI who continue to investigate.
Beyond the binary: Gender bias in LLM-evaluated insurance claims
This paper, co-authored by CRA’s Maxime Cohen, audits six LLMs across more than 133,000 insurance claim evaluations to test whether outcomes differ based on a...