eFraud Services launches AI platform to extract and verify financial data from litigation documents

eFraud Services has announced the launch of eFraud Investigator, an AI-powered platform designed to streamline the process of converting large volumes of financial documents into usable evidence for litigation. The platform addresses a key challenge in high-net-worth divorce and fraud cases where opposing counsel often provides extensive, difficult-to-process document dumps. eFraud Investigator extracts data from PDFs, including those with redactions or rotated pages, with claimed near-100% accuracy, and automatically verifies the extracted figures against statement balances.

The tool’s dashboard visualizes fund flows, enabling attorneys to quickly assess case viability before investing in extensive forensic accounting. According to Barbara Steinberg, CEO of eFraud Services, “In litigation, data integrity is everything,” and the platform ensures evidence is mathematically identical to source documents.

Founded in January 2020 by Barbara Steinberg and Robert Hayum, eFraud Services aims to reduce billable hours for law firms and provide a solution for finance professionals needing to convert static documents into structured, courtroom-ready data. Steinberg brings over 20 years of experience analyzing financial documents, while Hayum has a background in senior technology roles at major corporations.

(Source：Complete Ai Training)