Final answer:
It is not always mandatory for a bankruptcy court's judge to approve the retention of a fraud investigator in a bankruptcy case; it can vary depending on the case's specifics and local rules.
Step-by-step explanation:
The question of whether the retention of a fraud investigator in a bankruptcy case must always be approved by the bankruptcy court's judge is a matter of legal procedure. The correct answer to this statement is False. Bankruptcy courts indeed have the authority to approve the employment of professionals, including fraud investigators, in a bankruptcy case.
However, the requirement for approval can vary depending on the specifics of the case, the court's local rules, and whether the application for retention meets certain statutory requirements stipulated in the bankruptcy code. Not all actions require explicit approval by the judge; some may be authorized by the court without a separate order, depending on the circumstances.