Category: Major Cases

  On December 11th, 2008 Bernie Madoff was arrested by the FBI in his Manhattan home and criminally charged with a multi-million-dollar securities fraud scheme. So began the most comprehensive and successful financial investigation and asset search in history. The Securities Investor Protection Corporation (“SIPC”) Trustee and Baker Hostetler have continued their tireless search for […]

When the settlement of the Siemen case was announced in 2008, law enforcement didn’t pull any punches.  Matthew W. Friedrich, the acting chief of the Justice Department’s criminal division, called corruption at Siemens “systematic and widespread.” Linda C. Thomsen, the S.E.C.’s enforcement director, said it was “egregious and brazen.” Joseph Persichini Jr., the Assistant Director […]

In 1998, I was only two years into my post-FBI career when I was part of a team dispatched to BankBoston’s private banking office headquartered in New York. It was not immediately apparent that a crime had been committed. An audit had revealed some irregularities in connection with some private banking accounts. We were sitting […]

In 2000, Enron was number 18 on the Fortune 500 list of the largest U.S. companies. Their stock price was defying gravity and their leadership team was featured on the covers of Business Week, Fortune and Forbes. Enron’s rise was being studied by business schools and many considered the company to be a model of […]