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UNCAC IRG Meeting
Money Laundering: Enforcement and Case Studies from New York
Rose Gill HearnPrincipal, Municipal IntegrityBloomberg Associates
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o Conducted 5,500 corruption prevention seminars for NYC employees and vendors.
o Recovered $550 million+ for NYC.
o Made 6,700 arrests on corruption related charges.
o Issued and implemented 3,000 written recommendations to remediate corruption vulnerabilities.
o Reduced turnaround time for investigations by 55%.
NYC Department of Investigation (2002-2013)
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Case Study: Uncovered vendors’ overcharging NYC
o Contractors billed $700 million for automated payroll/timekeeping
system.
o DOI Forensic Audit: Follow the money.
o Findings:
Shell companies
Millions in kickbacks to top consultants
Money laundering
o DOI partners with federal prosecutors.
o Result: 8 convictions, $500M recovered for NYC, $40M forfeiture to
DOI, automated payroll/timekeeping system completed and in use.
Recovery of Public Money: “CityTime Case”
Source: U.S. Department of Justice