Kelvin Cheong

Senior Director
Over 19 years of forensic accounting experience
Specializes in fraud investigations, regulatory compliance reviews, and disputes advisory
Has testified as an expert witness at arbitral hearings in English and Mandarin
Hong Kong
@alvarezmarsal
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Kelvin Cheong is a Senior Director with Alvarez & Marsal Disputes and Investigations in Hong Kong, China. He specializes in fraud investigations, regulatory compliance reviews, and disputes advisory. His primary areas of concentration are forensic accounting investigations and commercial disputes. He has extensive experience working with clients across various industries, including financial services, electronic and consumer products, industrial manufacturing, pharmaceuticals, and media and entertainment.

With over 19 years of forensic accounting experience, Mr. Cheong has led complex investigations into major scandals across the Chinese mainland, Hong Kong SAR, Macau SAR, and the wider Asia–Pacific region.

Mr. Cheong’s notable assignments include investigating large-scale embezzlement of funds for financial institutions and multinational corporations, as well as performing independent investigations for listed companies facing allegations of accounting fraud and/or concerns from their auditors. He has investigated allegations of bribery and corruption for multinational corporations facing regulatory inquiries and conducted employee misconduct investigations for financial institutions, including root-cause analysis and identification of systematic governance issues.

Mr. Cheong also advises businesses in commercial disputes and has been appointed as an expert witness before the Hong Kong High Court and in international arbitrations for matters requiring forensic accounting expertise, including damages assessment, fund tracing analysis, and accounting issues. He has submitted expert evidence and given oral testimony.

Prior to joining A&M, Mr. Cheong spent nearly 15 years with the Forensic Services practice of PwC China, where he served as a Partner. He was based at PwC’s Beijing, Hong Kong SAR, and Shenzhen offices, assisting multinational and local companies in resolving fraud and other contentious issues in the Chinese mainland and Hong Kong SAR.

Mr. Cheong earned a bachelor’s degree in accounting and corporate finance from the University of Southern California and an LLM (concentration in arbitration and dispute resolution) from the University of Hong Kong. He is a Certified Public Accountant (CPA) in the US and Hong Kong SAR and a Certified Fraud Examiner (CFE). He is currently serving as a Director with the Hong Kong Chapter of the Association of Certified Fraud Examiners (ACFE).

Insights By This Professional

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