Forensic accounting isn’t a new specialty. The first documented use of forensic accounting dates all the way back to 1931, when Al Capone was indicted for income tax evasion. The investigative techniques used to uncover tax fraud helped put Capone behind bars. It wasn’t until 1946, however, that New York City accountant and author Maurice E. Peloubert, coined the phrase forensic accounting. In 1982, the first forensic accounting book was written, and the rest is history.