FCPA, Anti-Money Laundering & International Fraud Investigations with Billy Marlin
December 8, 2014
Hosted by Chris Marquet
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This week's episode will focus on international frauds with guest Billy Marlin, a forensic accountant and internationally recognized expert in FCPA, AML, Due Diligence and International Fraud Investigations. Join host Chris Marquet for a lively discussion about cross-border fraud issues.
Archives Available on VoiceAmerica Business Channel
FraudTalk is an informative weekly program discussing recent cases, trends, characteristics and preventive strategies of major frauds facing businesses and investors today. Hosted by 30 year veteran investigator, business intelligence and security consultant, Chris Marquet, FraudTalk’s goal is to educate and entertain business executives, officers and directors, their counsel and other advisors about fraud and corruption in the business world and how to mitigate those risks.
Chris Marquet is founder and CEO of Marquet International with more than three decades of professional experience in the private investigations, business intelligence, and security consulting industry. Chris has served a broad range of industry sectors and clients, including corporations, financial institutions, law firms, business advisors, governments and high profile individuals. Chris joined the prestigious Kroll Associates in 1983 and held senior positions, including Sr. MD, head of business development and president of its global political risk and travel security intelligence group. After 19 years with Kroll, Chris cofounded Citigate Global Intelligence and served as Exec MD, handling all service lines including business intelligence, investigations and business controls consulting. In 2006, he founded Marquet International. During his career, Chris has been involved in thousands of investigative, intelligence and security consulting projects around the world. He has also authored many articles, including the Marquet Report on Embezzlement, the Marquet Report on Ponzi Schemes, Anticipating Workplace Violence, Do You Know Who You Are Hiring, and Resume Fraud: The Top Ten Lies. He has also lectured extensively and been widely quoted. In addition to being a VoiceAmerica radio host with his own show, he also hosts and manages a popular FraudTalk blog. Chris graduated from Dartmouth College with a triple major in Physics, Economics, and Philosophy.
- 12/29/2014: Fraud Talk Listen Now
- 12/22/2014: Relationship Fraud - with Guest Nancy Aldrich Listen Now
- 12/15/2014: The Psychology of Fraud: Brining Freud to Fraud with Dr. Daven Morrison Listen Now
- 12/8/2014: FCPA, Anti-Money Laundering & International Fraud Investigations with Billy Marlin Listen Now
- 12/1/2014: Introduction to Resume Fraud Listen Now
Tom Ajamie, Esq.
Tom Ajamie is an internationally-recognized trial lawyer who has successfully represented clients in complex commercial litigation and arbitration. The authoritative Chambers USA has described Tom as "a stupendous litigator with a winning attitude and work ethic." He has handled a number of high-profile cases, including representing companies, pension funds and shareholders seeking to recover losses in stock fraud cases, and corporations and officers and directors being sued in securities matters. He has won two of the largest awards ever handed down by an arbitration panel for investors, including a $429.5 million award. He has also won a record $112 million civil RICO jury verdict. Tom is regularly invited to give legal analysis by news media outlets including ABC, CNN, CNBC, NPR and BBC, and his work has been featured in publications such as The Wall Street Journal, The New York Times and The American Lawyer. He is listed in Best Lawyers of America, Chambers USA, Lawdragon 500, and is named a Benchmark Litigation Star. He is the co-author of the book Financial Serial Killers: Inside the World of Wall Street Money Hustlers, Swindlers, and Con Men. His work on behalf of investors in the Bre-X gold scandal is featured in the book Fools’ Gold: the Making of a Global Market Fraud, by Brian Hutchinson. View Guest page
Nancy Aldrich, Esq.
Attorney Nancy Aldrich is an experienced litigator whose practice has a strong emphasis on divorce and family law. She has tried many cases in her practice including jury trials involving medical malpractice claims, as well as criminal cases. She has also successfully argued cases before the Appellate court in Connecticut. The majority of her practice now however focuses on family law and she continues to litigate difficult divorce cases in courts in Stamford, Bridgeport, Danbury, Milford and Middletown.
Nancy Aldrich received her undergraduate degree from Mount Holyoke College in 1981. She received her Juris Doctorate from Suffolk Law School n Boston in 1985. Attorney Aldrich was admitted to the Bar in Connecticut in 1986.
Attorney Aldrich is a member of the Connecticut Bar Association. She also serves as a Special Master in Stamford and Bridgeport Courts in Family Law Cases.
In addition to serving clients as a traditional family law advocate, Attorney Aldrich is also trained as a collaborative divorce practitioner. View Guest page
Kurt Benkley is a career prosecutor who works as an Assistant District Attorney in the White Collar Crime Unit of the Milwaukee County District Attorney’s Office. He is also cross-designated as a Special Assistant United States Attorney with the U.S. Attorney’s Office for the Eastern District of Wisconsin. After receiving his undergraduate degree from Dartmouth College in 1983 and his JD from Northeastern University School of Law in 1987, Mr. Benkley served five years as a military prosecutor in the United States Navy Judge Advocate General’s Corps. He joined the Milwaukee County District Attorney’s Office in 1993. For the past fifteen years, Mr. Benkley has been assigned to the White Collar Crime Unit of the District Attorney’s Office where he specializes in public integrity and financial crime prosecutions, including embezzlement, mortgage fraud, arson for profit, bribery, and tax fraud. View Guest page
Joseph Bonk is a Certified Public Accountant who has worked in the property and casualty insurance industry since 1987. Joe has held a variety of leadership positions at Allstate Insurance and is currently the Director of the Quality Control System used at Allstate. He is an expert analyst of fraud trends in the insurance industry. Prior to his current assignment, Joe was the Director of Fraud Risk management for Allstate Auto and Property lines coordinating fraud risk management efforts across the Allstate brands. Joe led a project team which designed and implemented an analytical tool which evaluated millions of claim payments to identify unusual patterns warranting further investigation. He regularly works with Allstate's Special Investigation Unit which investigates claims involving potential insurance fraud. Joe was also a contributor to the Insurance Fraud Casebook which was published by the Association of Certified Fraud Examiners in 2014. View Guest page
Ernest Brod is a Managing Director with Alvarez & Marsal Global Forensic and Dispute Services and leads the firm's Business Intelligence practice. He has extensive experience in applying cutting-edge forensic techniques to corporate investigations and providing in-depth business intelligence services to clients around the globe. Before A&M, Mr. Brod led the business intelligence practice at Navigant and was a director in the forensic and dispute services practice for Deloitte FAS. Earlier, he spent 17 years with Kroll as one of the leaders of their investigation and intelligence business, and was a founder and CEO of Citigate Global Intelligence. At Kroll, Mr. Brod is credited with groundbreaking work in applying a variety of investigative tools, on behalf of companies engaged in litigation, internal investigations, global asset searches, and in corporate contests and transactions. He led high-profile engagements, including the search for Baby Doc Duvalier's pirated assets on behalf of the government of Haiti, and participated in defending major corporations against the corporate raiders of the 1980s and 1990s. His efforts helped the field of business investigations gain acceptance from corporate America and prominent law firms. In 25 years as an investigative and intelligence consultant, Mr. Brod has worked with the country's leading law firms, corporations and financial institutions. He has held leadership positions in the Federal Bar Council, the Association of Corporate Counsel and the International Bar Association. Mr. Brod earned a BA from Columbia College and a JD from Columbia Law School. He has lectured around the world on investigative techniques to reduce the risks involved in international business transactions and relationships. View Guest page
Mark Chauppetta is a longtime Private Investigator & Media Personality
For 25 years, Mark has been the owner of On the Mark Investigations, based in Massachusetts.
He is a former Deputy Sheriff and Correctional Officer.
Mark is also the author of "Happens All The Time Cheating in the Good Ol' U.S.A".
Mark has appeared on several Regional and National and television and radio programs including The Howard Stern Show. He is soon to be seen co-staring in a new television show premiering in the Fall of 2015 on the History Channel.
Mark is a tremendous advocate of Duchenne Muscular Dystrophy a disease from which his twin 19 year old sons suffer. View Guest page
Stephen E. Taylor, Esq.
Stephen E. Taylor has been Deputy District Attorney for San Joaquin County, California since 1981. A career prosecutor who specializes in white collar crime, Stephen has an undergraduate degree in Business Administration & Economics from Holy Names University, and a JD degree from the University of California Hastings School of Law. Stephen has been prosecuting White Collar Crime as well as Consumer & Business Prosecutions for more than 3 decades. He has also spent more than 15 years prosecuting Sexually Violent Crimes. View Guest page
John Hall is the founder and President of Hall Consulting, Inc. and the author of The Anti-Fraud Toolkit and the award-winning book “Do What You Can! Simple Steps – Extraordinary Results”
John specializes in skills training programs and conference presentations for management groups, government and internal auditors, CPAs, and professional associations. He also coaches business and audit professionals in how increase their effectiveness, clarify and meet their business and personal goals, and move their career forward.
Mr. Hall has 35 years of experience as a consultant, speaker, auditor and business owner. He has worked in senior leadership positions in large corporations and international public accounting firms. He is a member of the National Speakers Association, the American Institute of CPAs, and the Institute of Internal Auditors.
Meet John at www.JohnHallSpeaker.com. Email John at John@JohnHallSpeaker.com View Guest page
Scott Hilsen is a lawyer and a Certified Fraud Examiner in Atlanta, Georgia. He is a Director in Investigations at KPMG Forensic and handles internal and government investigations, bribery and corruption, compliance, and e-discovery. Mr. Hilsen is the President of the Georgia Chapter of the Association of Certified Fraud Examiners, and is a member and former chair of the Forensic Accounting Advisory Board at Georgia Southern University. He is the co-chair of the E-Discovery and Use of Technology Section of the State Bar of Georgia, and was the co-chair of the Securities and Corporate Litigation Subsection of the Atlanta Bar Association. He has been chosen repeatedly by Law and Politics as a Georgia Super Lawyer. Mr. Hilsen received his J.D., cum laude, in 1993 from Georgia State University, where he was the Managing Editor of the Georgia State University Law Review. He received an M.B.A. in 1993 from Georgia State University and a B.A. in Criminology and Law in 1989 from the University of Florida. Scott is the author of two novels - Fraudulent Intention$ and Cloud of Lies - both available on www.amazon.com and at www.scotthilsen.net. View Guest page
Brian Michael Jenkins
Brian Michael Jenkins is a senior adviser to the president of the RAND Corporation and author of numerous books, reports, and articles on terrorism-related topics, including Will Terrorists Go Nuclear? (2008, Prometheus Books). He formerly served as chair of the Political Science Department at RAND. On the occasion of the 10-year anniversary of 9/11, Jenkins initiated a RAND effort to take stock of America's policy reactions and give thoughtful consideration to future strategy. That effort is presented in The Long Shadow of 9/11: America's Response to Terrorism (Brian Michael Jenkins and John Paul Godges, eds., 2011). Commissioned in the infantry, Jenkins became a paratrooper and a captain in the Green Berets. He is a decorated combat veteran, having served in the Seventh Special Forces Group in the Dominican Republic and with the Fifth Special Forces Group in Vietnam. He returned to Vietnam as a member of the Long Range Planning Task Group and received the Department of the Army's highest award for his service. In 1996, President Clinton appointed Jenkins to the White House Commission on Aviation Safety and Security. From 1999 to 2000, he served as adviser to the National Commission on Terrorism and in 2000 was appointed to the U.S. Comptroller General's Advisory Board. He is a research associate at the Mineta Transportation Institute, where he directs the continuing research on protecting surface transportation against terrorist attacks. View Guest page
Kathy Jessup is Principal of Kathy Jessup Consulting based in Michigan and is involved in a range of communications products, including freelance writing for publications and commercial enterprises, as well as developing and producing messaging strategies/products for governmental entities. She has also been a freelance magazine writing focused on conservative politics and personality pieces for publications including Townhall and The Blaze. Kathy writes regularly for the Sturgis Journal, spent 35 years writing for the Kalamazoo Gazette and has written for the South Bend Tribune, Detroit News and the Ypsilanti Press. She often covers legal matters and court cases and, most recently authored a six part series on Embezzlement for the Sturgis Journal. Kathy received a BA degree from Hillsdale College in 1973 in political science, economics and biology and a masters degree in political science from Western Michigan University in 2011. Kathy has received numerous awards in journalism during her career. View Guest page
Daniel E. Karson
Daniel E. Karson is Chairman of Kroll Associates, based in the New York office. Dan has more than 40 years’ experience directing investigations of business crimes. His practice areas include major fraud investigations, the Foreign Corrupt Practices Act, litigation support, contests for corporate control, Internet crimes, financial crimes, asset searches, product counterfeiting and due diligence. Prior to joining Kroll, Dan was General Counsel and Assistant Commissioner of the Department of Investigation of the City of New York, where he conducted major fraud investigations.
At DOI, he was also the First Director of New York City’s Inspector General program and supervised the internal investigations offices of 24 mayoral agencies. Previously, Dan worked as an Assistant District Attorney of Bronx County, serving as Chief of Narcotics Investigations. Dan has a BA degree from Ithaca College and a JD degree from the New York University School of Law View Guest page
Jordan Maglich is an associate at the law firm of Wiand Guerra King based in Tampa, Florida. Jordan Maglich’s practice includes complex commercial litigation and regulatory matters, with a focus on securities and financial services litigation. He represents securities broker/dealers, investment advisors, and their associated persons in federal and state court and in arbitration. Jordan also represents court-appointed receivers in connection with civil enforcement actions, and currently represents the court-appointed receiver nominated by the SEC. Jordan also is the author of Ponzitracker, an internet blog that tracks the proliferation of ponzi schemes across the United States. Jordan is also a Forbes contributor, where he writes about white collar crimes. View Guest page
Billy F. Marlin
Mr. Marlin is a forensic accountant by training and an internationally recognized expert in the areas of fraud investigations, anti-money laundering, FCPA, corruption/bribery matters and financial fraud. He is a founding co-owner of Veritas Assurance Partners LLC (“VAP”), an international investigative and consulting firm based in Miami, Florida with offices in the US, Latin America and the Middle East. He is the firm’s practice leader for its Global Investigations and Consulting practice. Mr. Marlin has over twenty years of combined domestic and international experience in law enforcement, private investigations, commercial intelligence, auditing, banking and forensic accounting in both the private and public sectors.
He began his career as an investigator for the New York City Department of Investigations and has been a senior member of a number of prestigious investigative firms including Kroll Associates, Pinkerton Consulting, Citigate Global Intelligence, Protiviti, Diligence and Navigant Consulting. During his private sector career, Mr. Marlin has managed hundreds of investigative, intelligence and litigation support consulting projects in the United States, Latin America, Europe and Asia.
These matters have encompassed several industries and have comprised numerous business intelligence and due diligence projects, compliance reviews, litigation support matters, fraud investigations, asset searches, employee misconduct inquiries, Foreign Corrupt Practices Act investigations and consulting, insurance dispute investigations and money laundering investigations. He holds a BA in Accounting and is a member of the ACFE View Guest page
Dr. Daven Morrison
David “Daven” E. Morrison, III, M.D. is a psychiatrist. His practice concentrates on leadership and executive functioning. With his extensive experience working with senior executives, Dr. Morrison was recruited to be a subject matter expert for the Institute for Fraud Prevention in 2008. Along with two colleagues, he has written a paper: Bringing Freud to Fraud, which will be published in the JFIA. He has presented his ideas on the motivations of those who commit fraud in the executive ranks for international conferences on Organizational Psychiatry, as well as emotions and motivation.
The paper has become a book and he is a co-author of The A.B.C.s of Behavioral Forensics; Understanding the Psychology of Financial Fraud (Wiley), and CAREERS: A Brainwise Guide to managing your career. Dr. Morrison is also a principal with Morrison Associates, Ltd. - which has been working with financial service firms such as banks, accounting firms, insurance companies and private equity groups since 1976.
Dr. Morrison is a board‐certified psychiatrist and an active member of many professional groups and associations. View Guest page
Cheryl Obermiller started her career as a fashion and promotional model in 1982, and from 1985-88 ran her own agency, Models by Cj. In 1993, Cheryl , now affectionately known as ‘The Pothole Queen,’ founded Obermiller Construction Services, Inc., a heavy construction company, specializing in commercial pavement maintenance and construction based in Harrison, Missouri. Now a multi-million dollar concern, it continues to be family owned and operated. In 2010 Cheryl discovered that her company accountant had embezzled up to a million dollars in a scheme that lasted for almost eight years. Not only did this cause serious problems for the company, but it also resulted in her accountant, a young wife and mother, being sentenced to 33 months in a federal penitentiary. After seeing how common and devastating financial fraud has become for small businesses, and how easy it is to prevent, she designed a comprehensive program to give small business owners simple and effective control of their accounting systems. The book, My Accountant’s Drawers ~ the Small Business Owner’s Guide to Outwitting Embezzlers, Thieves and Scallywags, will be published in late 2014. View Guest page
Kathy Bazoian Phelps
Kathy Bazoian Phelps is a partner at the law firm of Diamond McCarthy LLP in Los Angeles California. She has been practicing law in the areas of bankruptcy and fraud litigation since 1991. Kathy represents bankruptcy trustees, receivers, defendants, and investors, and has been lead counsel in large-scale litigation involving the recovery of assets in Ponzi scheme cases. She also has extensive litigation experience in a variety of bankruptcy litigation matters. Kathy has lectured widely and written on bankruptcy and receivership matters, with a focus on Ponzi schemes. Her book entitled The Ponzi Book: A Legal Resource for Unraveling Ponzi Schemes, co-authored with Hon. Steven Rhodes, has garnered national and international attention as the authoritative work on Ponzi scheme law. Kathy has also recently published Ponzi-Proof Your Investments: An Investor’s Guide to Avoiding Ponzi Schemes and Other Fraudulent Scams, and she is the author of The Ponzi Scheme Blog at www.theponzischemeblog.com View Guest page
Kelly Richmond Pope
Kelly Richmond Pope is an associate professor in the School of Accountancy and MIS at DePaul University. She received her doctorate in accounting from Virginia Tech and she is licensed certified public accountant. She worked in the forensic accounting practice at KPMG, LLP on anti-money laundering engagements, insurance fraud investigations, and fraud risk management projects. Her fraud research has been published in leading academic journals such as Behavioral Research in Accounting, Auditing: A Journal of Theory & Practice, and Journal of Business Ethics. She co-authored the The A.B.C.’s of Behavioral Forensics: Using Psychology to Prevent, Detect and Deter Fraud published by John Wiley & Sons. Additionally, she is a freelance writer for Forbes.com, The Daily Beast and The Washington Post. Kelly is the creator of the award winning educational white-collar crime documentary Crossing the Line: Ordinary People Committing Extraordinary Crime. She participated in the inaugural Kartemquin’s Diverse Voices in Docs fellowship program sponsored The Academy for Motion Picture Arts & Sciences. She began filming her upcoming documentary All the Queen’s Horses shortly after the 2012 arrest of Rita Crundwell of Dixon, IL. Kelly has appeared on Inside Edition and Discovery ID’s docu-drama Forbidden as a subject matter expert discussing the Crundwell case. All the Queen’s Horses was a 2014 finalist for a Tribeca Film Institute grant. She serves on the board of directors for the Illinois CPA Society, the Lynn Sage Breast Cancer Research Foundation, the Institute of Business and Professional Ethics at DePaul University and on the governing council for the American Institute of Certified Public Accountants (AICPA). View Guest page
James D. Ratley
James D. Ratley serves as President and CEO of the Association of Certified Fraud Examiners (ACFE), the world’s largest anti-fraud organization. In addition to his executive duties, Mr. Ratley serves as a member of the ACFE's faculty, and teaches regularly at workshops and conferences on a variety of fraud-related subjects. Mr. Ratley graduated from the University of Texas at Dallas with a Business Degree. He served for 15 years as an officer with the Dallas Police Department before joining Wells & Associates, a forensic accounting practice, where he was in charge of fraud investigations. In 1988, he was named Program Director for the Association of Certified Fraud Examiners (ACFE) and oversaw all aspects of the ACFE's training and education programs. In 2005, Mr. Ratley was awarded the ACFE's Cressey Award, the organization's highest honor. It is bestowed annually for a lifetime of achievement in the detection and deterrence of fraud. Mr. Ratley was named One of the Top 100 Most Influential People in Accounting by Accounting Today in 2012 and 2013. Currently, Mr. Ratley serves as adjunct professor at the University of Texas, where he teaches a masters-level fraud examination course in the McCombs School of Business. He was also a Visiting Scholar at the University of Nebraska in Lincoln. View Guest page
Bart M. Schwartz
Bart M. Schwartz is Chairman & CEO of SolutionPoint International, Inc., the parent company for Guidepost Solutions, Bode Technology Group and NSM Surveillance. Described by The New York Times as the person "often sought out in...thorny situations" by corporations, Mr. Schwartz has wide experience providing advice and support to corporations, governments and individuals. Earlier in his career, Mr. Schwartz served under US Attorney Rudolph Giuliani as Chief of the Criminal Division in the Southern District of NY. In that post, Bart had responsibility for overseeing prosecutions related to business fraud, organized crime, and other types of white collar crime. Bart has had numerous court and other appointments to monitor the conduct of corporations in a wide variety of industries. Bart was a partner in a New York law firm specializing in federal civil and white-collar litigation. In 1991 Bart founded and was CEO of Decision Strategies, an internationally recognized investigative and security firm. He has conducted many domestic and international investigations, including internal investigations and inquiries relating to human resource matters, compliance issues, the Foreign Corrupt Practices Act, fraud, asset searching and due diligence. Bart is a 1971 graduate of the New York University School of Law and a 1968 graduate of the University of Pittsburgh. View Guest page
Wendy Pickering Sullivan
Wendy Pickering Sullivan brings nearly 25 years of experience in corporate investigations and business intelligence. Prior to founding Pickering Sullivan Investigations, Ms. Sullivan served as Associate Managing Director of Guidepost Solutions LLC, a global leader in monitoring, compliance, international investigations and risk management solutions. Before joining Guidepost Solutions, she served for 12 years as Senior Director of The OSO Group Ltd., a boutique San Francisco investigations firm trusted by Fortune 100 companies and top tier law firms to conduct business-critical litigation support, internal investigations, due diligence and theft of trade secret investigations around the world. In these roles, Ms. Sullivan and her team actively supervised a network of national and international investigators and conducted research via public and private documents, proprietary databases and interviews.
Ms. Sullivan began her career with Kroll Associates, the world-renowned company that started the corporate investigations industry. For nine years, Ms. Sullivan managed the company’s West Coast research team, overseeing domestic and international investigations, including fraud investigations, corporate contests, due diligence inquiries, assets searches and numerous other types of investigations for a variety of clients.
Ms. Sullivan is a member of the California Association of Licensed Investigators and the Society for Corporate Compliance and Ethics. She is a licensed private investigator (California PI No. 28481), and holds a B.A. from the University of California, Berkeley. View Guest page
William A. Worth, Esq.
William A. Worth, Esq. is a partner with the Boston-based law firm of Prince Lobel Tye LLP. Bill has more than 25 years of trial experience representing clients in state and federal courts in a wide range of matters including commercial contract cases, business tort cases, Uniform Commercial Code disputes, land use litigation, Federal Telecommunications Act cases and environmental contamination cases. He has also represented numerous employers and employees seeking injunctive relief in the context of disputed non-competition and non-solicitation agreements. He has obtained favorable judgments on behalf of employers seeking relief from employee fraud, theft of trade secrets and related misconduct. Bill brings his legal expertise and his client services skills to his role as Litigation Practice Group Chair and as a member of the firm’s Management Committee. View Guest page
Gary Zeune is a nationally recognized speaker, writer and consultant on fraud, ethics, auditing, and corporate strategy. He has spoken at the FBI National Training Academy, SEC Institute, NASDAQ, DOJ, 35 CPA societies and bar associations, and too many banks, corporations, university, healthcare and nonprofit organizations to count. He has published 30+ articles in national magazines and journals and has been profiled in the Wall Street Journal, New York Times and many other national newspapers. After interviewing Barry Minkow at Lompoc Federal Prison for his book “The CEO’s Complete Guide to Committing Fraud” Zeune founded The Pros & The Cons, the only speakers bureau in the U.S. for white collar criminals and fraud experts. View Guest page