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Marnie Silver

Marnie is a Director at MDD Forensic Accountants’ Toronto office. Previously she was a Vice President at a business valuation firm in Toronto and led the valuation practice at a mid-size firm for over a decade.

With over 20 years of experience in forensic accounting and business valuation, her expertise includes litigation accounting and quantification of damages concerning breach of contract, business interruption, expropriation, shareholder oppression and family law.

Marnie’s key practice areas involve the preparation of business valuations for shareholder disputes, estate planning, shareholder oppression, and family law matters. Her family law experience also includes determining income for child and spousal support purposes. In addition, Marnie also performs critical analysis and commentary of reports prepared by other experts.

Marnie has worked on a broad range of engagements across Canada, spanning various industries, including manufacturing, software and technology development, communication and media, pharmaceutical, automobile, retail, professional practices, and service firms.

She has been qualified as an expert witness and has provided testimony in the Ontario Superior court at trial and mediation proceedings. She has prepared or assisted in the preparation of numerous expert reports.

Marnie has conducted numerous seminars and workshops on the subject of business valuations.

She graduated from the University of Western Ontario, where she received a Bachelor of Arts degree. She has a Masters of Business Administration from York University. Marnie also holds a Chartered Professional Accountant, Chartered Business Valuator, and Accredited Business Valuator Designations and is Certified in Financial Forensics by the American Institute of Certified Public Accountants.

Damien Bevan

Damien joined MDD Forensic Accountants’ Sydney office in 2022.

He joined the firm around the time of the Eastern Australia floods – which had caused catastrophic damage to many homes and businesses – and worked with clients to quantify economic damages and help affected businesses return to operations.

With a background in commercial restructuring, turnaround and insolvency, this experience has taught Damien how to collect evidence, analyse financial transactions, identify trends and quantify damages. He has been involved in litigation support roles by drafting expert reports and attending to settlements.

Damien has worked on a variety of different industries, including retail, manufacturing, media & advertising, transportation, professional services, hospitality, and technology. These matters include companies with losses in excess of $20 million.

Damien holds a Bachelor of Business with a double major in Accounting and Corporate Governance. He is a Chartered Accountant and a member of the Australian Restructuring Insolvency and Turnaround Association.

Terence Karacsony

Terence is a Senior Manager / Vice President at MDD Forensic Accountants’ Winnipeg office.

With ten years of experience as an accounting professional, Terence has specialized knowledge in assurance, enterprise risk, forensic audits, and loss quantification. From an assurance perspective, Terence’s practice ranged from analyzing complex transactions in International Financial Reporting Standards framework, auditing complex transactions within publicly traded and listed issuers, and assessing Governance and Internal Control framework. Terence also has extensive experience working in financial services, including dormant account fraud audits and anti-money laundering engagements.

Terence has worked on a broad range of engagements across North America, including international segments in India, Africa, and the Caribbean. Terence’s client portfolio spanned various industries, including insurance, cannabis, manufacturing, mining, and asset management.

He has presented seminars on the topics of Fraud in Financial Reporting and Audit Considerations.

Terence is a graduate from the University of Manitoba, where he received his Bachelor of Commerce (Honours) Degree, majoring in Accounting and Finance from the Asper School of Business. He has specialized financial forensic training and education obtained through a Master of Forensic Accounting Degree from the University of Toronto. Terence is also a member of the Manitoba Institute of Chartered Professional Accountants (CPA), Chartered Accountant (CA).

Mark Boshnakis

Mark started at MDD Forensic Accountants’ Toronto office as a co-op student in 2015. After graduating in 2015, he joined MDD full time and is now a Manager at the firm.

Mark’s practice specializes in quantifying economic damages related to business interruption, accident benefits, personal injury, fidelity, franchise rescission and liability. Most recently, he has worked on entertainment insurance claims primarily related to COVID-19 performance cancellations and suspensions.

His industry experience includes construction, aviation, automotive, energy & mining, food service, hospitality, retail trade and transportation.

Mark has worked in the catastrophe services area on files received as a result of the Fort McMurray wildfires in 2016. He was also on-site in the Caribbean to calculate economic loss damages for businesses affected by Hurricane Irma and Maria.

Mark obtained his Honours Bachelor of Business Administration in 2015 from Wilfrid Laurier University.

Richard Tam

Richard is a Manager at MDD Forensic Accountants’ Kingston office.

He has over four years of experience in Forensic Accounting and three years as an Auditor with his previous employer. His practice concentrates primarily on business interruption, accident benefits, extra expenses/increased costs, fidelity, downtime losses, lost profits, personal injury and wrongful death matters.

Richard has worked on numerous assignments throughout Canada during his time with MDD. He has experience that spans a wide range of industries including retail and wholesale, agriculture, hotel and hospitality, residential and commercial rental properties and restaurants.

Richard received his First Class Honours Bachelor of Commerce degree from Queen’s University’s Smith School of Business.

Saleh Achrafi

Saleh (“Sal”) joined MDD Forensic Accountants as a Graduate Accountant in April 2011. He became a Senior Manager for the Australian and New Zealand operations in 2021.

Over the course of his career, Sal has specialised in economic damages such as business interruption, lost profits, and fidelity claims ranging from $1,000 to over $40 million.

Sal has worked on assignments across Australia, New Zealand, Pacific Islands, the U.S, Middle East and Asia. These assignments include vast experience across various industries such as retail, hospitality and tourism, transportation, manufacturing, and recycling.

He also has experience in the catastrophe services area, having worked throughout the 2011 Christchurch earthquakes, 2011 Queensland floods, Cyclone Winston, NSW / VIC Bushfires and most recently 2022 Queensland and NSW Floods. Sal is a member of MDD’s CAT team, coordinating the firm’s response and acting as the first point of contact across Australasia.

Sal participates as a speaker for the Chartered Accountants Australia and New Zealand’s mentorship program.

A graduate from Macquarie University with a Bachelor of Commerce – Accounting degree, Sal is also a Chartered Accountant (CA), a Certified Management Accountant (CMA) and speaks fluent Arabic.

Furthermore, he is the current President for the NSW Young Professionals Australian Insurance Law Association (“AILA”) Committee.

Conor Paxton

Conor joined MDD Forensic Accountants in 2013. He is a Senior Manager / Vice President at the firm’s Kingston office.

Conor has been involved in several investigations involving the quantification of economic damages in insurance and litigation matters. These assignments have been related to business interruption, extra expenses/increased costs, expropriation, fidelity, surety, downtime losses, lost profits, stock & contents, accident benefits, business valuations and personal injury & wrongful death matters.

He has vast experience in the retail and wholesale, agricultural, manufacturing, restaurants, power generation, residential and commercial rental properties, hotel and hospitality, professional practices and healthcare sectors.

Conor has presented numerous seminars and workshops to insurance and legal professionals on topics such as business interruption, accident benefits, fraud investigations, basics of financial statements and pecuniary claims/damage analysis.

He received his Bachelor of Arts (Honours), Economics and Accounting from Wilfrid Laurier University.

Dean Das

Dean is a Partner/Senior Vice President in MDD Forensic Accountants’ Calgary office, where he specializes in providing disputes analysis, quantification of economic losses, valuations, forensic accounting and litigation support work.

Dean’s professional practice focuses on matters arising from a wide range of disputes which include breach of contract, shareholder disputes, matrimonial disputes, intellectual property infringement/ misrepresentation/ negligence (and other civil torts), and expropriations.

He has participated in assignments in a broad spectrum of industries such as oil and gas, power generation and distribution, agriculture, commercial real-estate, retail, wholesale, construction, hotels and resorts, restaurants, pharmaceuticals, financial services and manufacturing.

Dean has qualified as an expert witness and is experienced in providing testimony in that capacity for the Court of Queen’s Bench, Alberta. Dean has also been involved with numerous arbitrations and mediations.

Dean regularly conducts seminars and workshops on the topics of business valuation, quantification of economic losses, guideline income calculations, and financial statement preparation and accounting.

He earned his Honours Bachelor of Commerce degree from McMaster University’s DeGroote School of Business.

Cameron McQuaid

Cameron joined MDD Forensic Accountants’ London, Ontario office in 2010. He is currently a Senior Manager/Vice President in the firm’s Toronto office.

Cameron’s practice concentrates primarily on first-party commercial property claims, construction delay claims, product recalls, personal injury, commercial litigation and general liability.

His insurance accounting assignments have included business interruption and extra expense claims, property damage, stock and contents, downtime loss, general liability, accident benefits for employed and self-employed individuals and forensic audits. His litigation assignments have involved personal injury, loss of profits and financial condition analysis.

His industry experience includes, but is not limited to, construction, power generation, oil and gas, mining, hotels and hospitality, food processing, manufacturing, various retail outlets, trucking, professional services and rental properties.

He has assisted on high-profile catastrophe disasters. He was on-site after Hurricane Irma and Maria in 2017 in the Caribbean Islands and following the Alberta floods in 2013.

Cameron has testified as an expert witness for multiple private appraisals under the Insurance Act.

Cameron has published articles for Insurance People magazine, Canadian Underwriter magazine, The Lawyer’s Daily and USLAW Magazine. He has also presented in seminars and workshops to both insurers and law firms on business interruption, accident benefits and understanding financial statements.

He is a member of the Chartered Professional Accountants of Canada, the Chartered Professional Accountants of Ontario and the American Institute of Certified Public Accountants.

He earned his Bachelor of Management and Organizational Studies degree from the University of Western Ontario (now Western University).

Ephraim Stulberg

Ephraim specializes in the areas of business valuation, economic loss quantification and investigative accounting. He has provided expert evidence in court and at arbitration. He has worked on matters across Canada, as well as the United States, Europe, South America, the Middle East and Asia.

Ephraim has prepared economic loss quantification reports involving intellectual property infringement, professional negligence, breach of contract, physical damage and personal injury. He has completed numerous assignments involving first-party and third-party insurance coverage and leads MDD Canada’s cyber insurance loss group.

Ephraim has provided business valuation reports in a variety of contexts, including contractual and shareholder disputes, expropriation, physical damage, matrimonial disputes, income tax reporting, corporate reorganizations, bankruptcy, as well as in the negotiated purchase and sale of companies or shares.

Ephraim has conducted financial investigations in the context of partnership and shareholder disputes and estate disputes and has also investigated numerous employee thefts.

Ephraim has experience in a wide variety of industries, including oil and gas, construction, power generation, computer software, franchising, manufacturing, real estate, media/communications, professional services and medical supplies/healthcare.

Ephraim is a frequent contributor to various financial and legal publications. He has published numerous pieces in Lawyers Weekly, Lawyer’s Daily and Law Times, and has authored or co-authored numerous articles in peer-reviewed journals, including the CICBV’s Journal of Business Valuation, the American Bar Association’s Franchise Law Journal, and the Canadian Intellectual Property Review. He received an award from the Ontario Bar Association in 2014 for one of his publications. He is a past member of the CICBV’s Publications and Research Committee. He was named the CICBV’s “Communicator of the Year” in 2019.

Ephraim has delivered presentations for the Ontario Bar Association, the Canadian Franchise Association, the Canadian Defence Lawyers, the Intellectual Property Institute of Canada, the Toronto Intellectual Property Group, the Ontario Expropriation Association, the CBV Institute, the American Institute of Certified Public Accountants, as well as to various individual law firms and corporations in Ontario, Nova Scotia, Saskatchewan and British Columbia.

CFA Member

Cala Mitra

Cala is a Senior Manager/Vice-President at MDD Forensic Accountants’ London, Ontario office.

Experienced at damage quantification, Cala’s practice areas include fraud & investigations, business interruption, litigation, physical damages and stock & contents. She also has a solid understanding of auditing, tax and internal controls implementation and testing. 

Cala has worked on assignments in a wide variety of industries such as agriculture, automotive, manufacturing, healthcare, telecommunications, pensions and mutual funds, universities, real estate, not-for-profit and religious organizations.

She has taught and developed a curriculum for advanced audit at the University of Western Ontario’s Continuing Studies program.  She has worked with many CA students guiding, teaching and mentoring them during the CA accreditation process. Additionally, she has received specialized training related to the audit and implementation of Sarbanes-Oxley legislation within SEC registered companies and the implementation of IFRS in Canada.

Cala is a graduate of the University of Western Ontario where she received her Bachelor of Administrative and Commercial Studies.

Brad Ebel

Brad has over 30 years of experience in forensic accounting and economic damage quantification assessments and leads the firm’s global mining practice. To read Brad’s mining bio please click here.

He has conducted or been involved in, over 2,000 assignments across a wide range of industries in Canada and around the world.  These industries include mining and refining, oil and gas, power generation and distribution, construction, steel and aluminum, hotels and resorts, forest products industries and agriculture. He has also quantified economic damages in transportation matters arising from train derailments, aircraft manufacturing losses, marine fire losses and cargo evaluations. 

Brad’s practice areas include fraud and investigations, business interruption, entertainment contingency claims, product liability & recall, personal injury and wrongful death, and fidelity claims.

He has provided litigation support and economic damage quantification in matters involving business income loss, physical damage and property loss, bodily injury economic loss and third party loss quantification and has provided expert testimony on these matters before the Ontario Superior Court of Justice and the Queen’s Bench of New Brunswick. 

Brad has been appointed as an Appraiser under the Insurance Act and provided expert evidence at Appraisal hearings on numerous occasions.

He has been a guest speaker and seminar leader on many occasions on economic loss and damage topics such as business interruption and loss of income.

Brad is a graduate of the University of Waterloo, where he received a Bachelor of Mathematics degree with a Chartered Accountancy option. He joined MDD Forensic Accountants in 1984 and became a Partner with the firm in 1990. He serves as President of MDD Canada.