- Global Security -

Performance

Identified 1000+ Aiders & Abettors.

Previous Performance 

Multiple successful “past performance” both demonstrates and validates our uniqueness and consistency for delivering results and satisfaction for government and commercial customers related to their large, complex problem sets.  Our experts have repeatedly led challenging and “never-been-done-before” efforts, executing, and even developing, comprehensive solution frameworks that generate desired results and outcomes, quite often in very dynamic and charged environments.


Task Force 2010 in Afghanistan


    Task Force 2010 in Afghanistan – team applied international forensic accounting methods to the development and deployment of cooperative, inter-agency framework that addressed key elements of counter-corruption/counter-terrorism across international partners’ acquisition/procurement life cycles.
 

Mission Statement: Provide commanders and acquisition teams with situational understanding regarding the flow of contract funds and property losses, and recommend actions to be taken to deny power brokers, criminal networks and insurgents the opportunity to benefit from the stolen property or illicit revenue. Employ financial forensic accounting and other expertise, across the inter-agencies, to gain transparency and accountability of contracted funds including investment management, budget planning and budget execution activities of acquisitions, procurement, contract execution/administration and monitoring & oversight (governance). Further, develop and deliver an operational framework that identified illicit diversion and delivers mitigation recommendation and actions.

Work Performed: Our team applied international forensic accounting methods (referred to as the “secret sauce”) to the development and deployment of a cooperative, inter-agency “FinOps” framework (policy, process & methods, systems & tools, organizational alignment) that international partners’ acquisition/procurement lifecycles. We delivered (never before seen) situational understanding of the flow of good, services & funds so as to provide a new ability to identify benefactors, vet the full vendor network/foil masking, target and non-kinetically counter foes & corruption, recover stolen assets, reinforce integrity & compliance and improve operations & business ethics. We further employed risk assessment and other methods that enabled new ways to identify, target, neutralize illicit benefactors, financial facilitators and financial supply lines of enemy. Leveraging this expertise and mechanisms, we traced monies to Warlords, the Taliban and other insurgencies, as well as developed forfeiture actions for the recovery of such monies. This includes the use of information exploitation for improved and additional non-kinetic influence operations to disrupt and degrade illicit and insurgent activity.

Results: Our team of experts were able to review >$20B in internationals contracts; risk assess mission critical contracted activities; identify and address the 1000+ of foes in the contracted vendor supply networks; gain $1.2B+ in cost savings/optimization; institute $120M of cost recovery cases; proposed and supported the passage of new regulations, guidance and legislation (“No Contracting with the Enemy”) for improved operations; and achieved an ROI of >3600%.

         


 

 

Banking Industry

Banking Industry- the team developed and operated the Advanced Investigators Training School for all FDIC investigators pursuing bank/S&L fraud and other civil legal actions.  Led the team of CPAs and Data Analysts in the closing of failed S&Ls and the separation of a reopened new bank and the portfolio of underperforming assets.

Engagement Description:  Develop and operate the Advanced Investigators Training School for all FDIC investigators pursuing Bank/S&L fraud and other civil legal actions; and lead the team of CPA’s and Data Analysts in the closing of failed Savings & Loans, and the separation of a reopened new bank and the portfolio of underperforming assets.

Work Performed:  FIRREA was passed in 1989 and The Resolution Trust (RTC) was established under the FDIC, as a U.S. government-owned asset management company run charged with liquidating assets, primarily real-estate-related assets such as mortgage loans, that had been assets of savings and loan associations (S&Ls) declared insolvent by the Office of Thrift Supervision (OTS) as a consequence of the savings and loan crisis of the 1980s.  It also took over the insurance functions of the former Federal Home Loan Bank Board (FHLBB). Between 1989 and mid-1995, the Resolution Trust Company closed or otherwise resolved 747 thrifts with total assets of $394 billion.  Its funding was provided by the Resolution Funding Corporation (REFCORP) which still exists to support the debt obligations it created for these functions. From 1989 through 1994, our team of experts taught over 1,000 professionals from the FDIC and RTC about financial forensic accounting and developed new protocols for the U.S. Banking Industry.  Our team also closed 22 financial institutions and reopened or sold the bank assets and served as expert witnesses on the top criminal and civil recovery cases.

Results: The FDIC was funded with $183billion USD for this specific effort (entitled the Resolution Trust Corporation) and the training paid off in that the total assets recovered exceeded $200billion USD along with new regulations and improved business ethics for the industry.  


United Nations Panel of Experts

United Nations Panel of Experts – the team served as the lead expert to the UN Security Council for the application of international forensic accounting skills to gain visibility on assets around the world linked to sanctioned individuals and companies.  Advised nations on financial protocols, rule-of-law and banking anti-money laundering activities pursuant to the UN Resolutions

Engagement Description : For Security Council Resolutions 1760 (2007); 1792 (2008), and

1854 (2009), the Panel of Experts were asked to do the following: To conduct a follow-up assessment mission to Liberia and neighboring States, in order to investigate and compile a report on the implementation, and any violations, of the measures imposed by resolution 1521 (2003), including any information relevant to the designation by the Committee of the individuals described in paragraph 4 (a) of resolution 1521 (2003) and paragraph 1 of resolution 1532 (2004), and including the various sources of financing, such as from natural resources, for the illicit trade of arms; AND Acting under Chapter VII of the Charter of the United Nations, Decides that, to prevent former Liberian President Charles Taylor, his immediate family members, in particular Jewell Howard Taylor and Charles Taylor, Jr., senior officials of the former Taylor regime, or other close allies or associates as designated by the Committee established by paragraph 21 of resolution 1521 (2003)(hereinafter, “the Committee”) from using misappropriated funds and property to interfere in the restoration of peace and stability in Liberia and the sub-region, all States in which there are, at the date of adoption of this resolution or at any time thereafter, funds, other financial assets and economic resources owned or controlled directly or indirectly by Charles Taylor, Jewell Howard Taylor, and Charles Taylor, Jr. and/or those other individuals designated by the Committee, including funds, other financial assets and economic resources held by entities owned or controlled, directly or indirectly, by any of them or by any persons acting on their behalf or at their direction, as designated by the Committee, shall freeze without delay all such funds, other financial assets and economic resources, and shall ensure that neither these nor any other funds, other financial assets or economic resources are made available, by their nationals or by any persons within their territory, directly or indirectly, to or for the benefit of such persons.

Work Performed: Served as the lead expert to the UN Security Council for the application of international forensic accounting skills to gain visibility on assets around the world linked to sanctioned individuals and companies.  Furthermore, advised nations on financial protocols, rule-of-law and banking anti-money laundering activities pursuant to the UN Resolutions.

Results: Assets were uncovered, shell companies determined and unknown hidden connections between banks, timber companies and beneficiaries of illicit funds were proven.  The list of assets sanctioned increased tenfold during these three Resolutions.  These fact-based findings and evidence of personal bank accounts help lead to the conviction of Charles Taylor for aided and abetting war crimes

 

Chief of Staff for the Illinois State Comptroller

Engagement Description: The Comptroller of Illinois is an elected official of the U.S. State of Illinois. They are responsible for maintaining the State’s accounts, and for ordering payments into and out of them. The office was created by the Illinois Constitution of 1970 replacing the office of Auditor of Public Accounts. The Comptroller is charged, by the terms of Section 17 of Article V of the Constitution of Illinois’, with the duties of; (a) maintaining the central fiscal accounts of the state, and (b) ordering payments into and out of the funds held by the Treasurer of Illinois. In accordance with this duty, the Comptroller signs paychecks or grants approval to electronic payments made by the state to its employees and creditors. The Comptroller is also charged by the Illinois statue with certain additional duties. In particular, the Comptroller regulates cemeteries under the Cemetery Care Act, and is charged with the fiduciary protection of cemetery care funds used for the car and maintenance of Illinois’ gravesites.

 

Work Performed: As Chief of Staff, provided leadership and daily oversight of all budget and organizational functions for the State, as well as the implementation of the Comptrollers eleven point change agenda for improved accountability and asset management.

 

Results: Unified all accounting systems for all Agencies; balanced the budget and erased the $1.2billion Medicaid deficit.