Dan Nardello interviewed by Edward Fennell, a writer for The Times, in his article detailing the reaction to Russia signing the OECD’s Anti-Bribery Convention

In The Times article “A Revolution against Corruption” published February 9th, Dan Nardello weighs in on the impact of Russia signing on with the Organization for Economic Co-Operation and Development’s Anti-Bribery Convention. “It’s a step in the right direction,” Nardello states, “and it comes after a lot of internal and international pressure. But the real question is how it will be enforced. Indeed, will it be enforced at all? And if so, will it be enforced fairly?” These questions posed by Nardello are shared by many who are anxious to see what this joining means for Russia and what the country’s next steps toward enforcement will be in the future.

Andrew K. Levi is profiled in Rochelle Koff’s "Digital Debrief" column for The Miami Herald and answers questions on the fundamentals of modern day investigative services.

Please click here for the full article.

November 18

Caitlin Nish interviews Andrew K. Levi on the importance of knowing your customers in her Financial Adviser blog article, “If You See Something, Say Something.” 

Andrew K. Levi, Head of Nardello & Co.'s Miami office, commenting on today’s precarious market points out that the “law requires all financial institutions to know their customer and take reasonable steps to know the money they are receiving isn’t the proceeds of illegal activity.” With recent headlines highlighting financial missteps in both Europe and the US, financial institutions need to be better prepared by conducting pre-transactional due diligence prior to involving their firm in any business deal or merger. Levi noted that as the US becomes a more desirable place for foreigners to invest “it becomes more important to determine who [the investors] are and where their money is coming from.” For the full article, please click here.

August 29

Andrew K. Levi quoted in Miami Daily Business Review's article on convicted Miami Ponzi schemer Nevin Shapiro 

Andrew K. Levi, Head of Nardello & Co.'s Miami office, provided perspective on the controversy surrounding Nevin Shapiro possible motivation in implicating University of Miami athletes and management in a bribery scandal.  Shapiro was convicted in June for running a $930 million Ponzi scheme and has come forward with information concerning alleged NCAA misconduct.  Some observers have speculated that Shapiro is attempting to receive a reduced sentence by bringing these allegations to light.  Speaking as a knowledgeable former federal prosecutor in Florida, Levi points out, however, that "[i]f there is no criminal investigation, there would be no opportunity for a defendant to receive the benefit of a reduced sentence for his cooperation." 

July 18

Andrew K. Levi comments on the recent mistrial in the FCPA sting case in the  Miami Daily Business Review. 

The Miami Daily Business Review's John Pacenti reached out to the Head of Nardello & Co.'s Miami office, Andrew K. Levi,  who is a former Assistant US Attorney in the Southern District of Florida, for his expert opinion regarding the government’s recent setback in the war on FCPA violators. After six weeks of trial and 16 months of pretrial hearings, the prosecution of a major bribery sting operation with ties to the Miami-area resulted in a mistrial due to a hung jury—an obvious disappointment in the government’s push to prosecute FCPA violators on a stricter scale. Levi commented on this proceeding and ultimate conclusion saying that when there are multiple defendants facing a number of trials prosecutors want a strong result to send a message to other defendants awaiting trial which “clearly [did] not happen with this mistrial.” Levi went on to summarize that “the defense attorneys effectively argued that no one ever used the word ‘bribe’ and instead referred to payments as commissions.”

To read and print the full article please click here.

July 1, 2011

The Journal of Accountancy reports on Dan Nardello's presentation on "Effective Due Diligence in Emerging Markets"

The Journal of Accountancy reported that Dan Nardello spoke on "Effective Due Diligence in Emerging Markets" at the AICPA's annual conference held in New York on June 15, 2011. Drawing on his extensive experience of conducting investigations in challenging jurisdictions, Nardello stated that "while the opportunities in emerging markets are substantial, so are the risks" later explaining that "due diligence is essential in emerging markets, where cultural differences and local business practices pose increased risks of violating US and UK laws."  Nardello highlighted the importance of thoroughness in every aspect of the business process, especially abroad adding, "[a]n investigation can ensure the integrity of overseas business operations, uncover fraudulent or corrupt behavior and lead to reinforcement or improvement of compliance and monitoring programs."

April 4, 2011

The Miami Daily Business Review asks Nardello & Co.'s Andrew Levi to comment on corporate fraud and the financial crisis

The Miami Daily Business Review's John Pacenti wrote a probing article about the first signs of trouble on Wall Street asking, "How could company Executives have let this happen?" Nardello & Co.'s Miami Office Head, Andrew Levi, drawing upon his extensive legal experience as a former prosecutor pointed out that although "the challenge in [fraud] cases is showing that the executives were aware of the fraud and they participated in the fraud," the Justice department has not held back in going after these executives.  

April 4, 2011

Blog author singles out Lamont and fellow panelist at Dow Jones  Global Compliance Symposium in DC 

Howard Sklar writing on www.thebriberact.com  referred to Nardello & Co.'s Head of Africa Practice, Sophie Lamont, as "a star."  He wrote, ", if I were opening an office in sub-Saharan Africa,  . . .  Sophie would be [one of ]my first calls."  Read the complete piece here 

April 7, 2011

Dan Nardello speaks to The Times about the UK Bribery Act

Jonathan Ames interviewed Dan Nardello for his article in The Times (April 7, 2011), "Bribery Act: the countdown begins." Nardello, citing his experience with "clients who are operating robust FCPA regimes," believes that corporations have banned facilitation payments not necessarily in anticipation of the UK act but "because they accept that the safest policy is to make no payments at all."

April 1, 2011

Dan Nardello believes bribery act will benefit business

“Britain goes to war on bribery,” by Elliot Wilson in the Daily Mail (April 1, 2011) quotes Dan Nardello's view based on his experience with US anti-corruption matters that in the end businesses will benefit because contracts will be awarded on merit and that will result in “better service.”  The full article is available here. 

March 7, 2011

Taking on Bribery

In this article by John Pacenti, published in the Daily Business Review, Dan Nardello comments on the effects of incarcerating executives for FCPA violations. "It's really going to make people pay attention. There is nothing like the threat or the actuality of criminal prosecution or incarceration to focus the mind on complying with the law," he said. The full article is available on Law.com here.

March 1, 2011

Andrew K. Levi former federal prosecutor joins Nardello & Co. as Head of the Miami Office

Before joining Nardello & Co., Andrew served as an Assistant US Attorney in the Economic Crimes Section of the United States Attorneyʼs Office for the Southern District of Florida. He investigated and charged defendants in the Mutual Benefits Corp. $1 billion securities fraud and prosecuted South Floridaʼs court-appointed receiver, Lewis B. Freeman, for running a 10-year Ponzi scheme. Read more on the MainJustice.com website here.

February 14, 2011

"Fighting foreign bribery: the stick or the carrot?"

Liliya Gelemerova lends her expertise on global money laundering to this article on fighting corruption, published in the book Cross-border crime inroads on integrity in Europe. The book is available for purchase from Wolf Legal Publishers via their website.

February 10, 2011

Mubarak could leave with $2 billion

Nick Peck, Head of Complex Investigations at Nardello & Co. discusses the challenges of asset tracing in this article by Robert Windrem in Open Channel on MSNBC.com. To read the full article on the MSNBC website click here.

February 1, 2011

Portrait of a Fraudster

Michael Walsh, Head of International Operations at Nardello & Co. comments on fraud prevention in this article by Karen Higginbottom for Thompson Reuters Complinet. He notes that the financial services industry is "less vulnerable than other sectors because of its rigorous recruitment process." The full article is available to subscribers on the Complinet website, here.

January 25, 2011

Corporate investigators to step up Gulf presence

On January 25, 2011 The National, a United Arab Emirates news publication, published an interview with Dan Nardello and Rana Feghali on Nardello & Co.'s expanding presence in the Middle East. Read the full article on The National's website here.

January 24, 2011

GCC firms can increase appeal to foreign companies by investing in self-due diligence

On January 24, 2011, CPI Financial, a Dubai-based financial publication, published an article on Dan Nardello's appearance as a speaker at the C5 Fraud, Asset Tracing & Recovery in the Gulf conference. To read the full article please visit the CPI Financial website here.

January 13, 2011

City Heavyweights Join Nardello & Co. in London

Nardello & Co. is pleased to announce the appointment of a new UK advisory board, headed by four City experts who will provide Nardello & Co. expert counsel across the business and financial spheres. 

Joining the board and providing financial services expertise is Rupert Pennant-Rea, former deputy Governor of the Bank of England and editor of The Economist. Rupert has had a distinguished career as a central banker, economist, journalist and businessman and brings top-level financial acumen to Nardello & Co. He is currently chairman of Henderson Group Plc and The Economist Group, and non-executive director of First Quantum Minerals, Go-Ahead Group, Gold Fields Limited and Times Newspaper Holdings Limited.

Charles Irby, former MD of ING Barings and former chairman of Aberdeen Asset Management, will provide City and financial expertise to the firm, which specializes in pre- and post-transactional due diligence, investigations and litigation support. Currently a non-executive director of Great Portland Estates plc and QBE Insurance Group Limited - Australia's largest insurer - Irby brings with him a wealth of experience in corporate finance.

Bolstering this strong City presence is Chris Jones, former worldwide Chairman and CEO of J Walter Thomson Co and currently member of the Partner Board at Cognetas, the pan-European private equity firm. Jones' UK and international board experience is across both the business and not-for-profit sectors.

Leading on the political side will be Evie Soames, a public affairs expert and former Director of Liberty PLC and Charles Barker, who advises a variety of financial institutions, media organizations and world-wide charities.

To see coverage of this announcement in the Financial Times please click here and click here to see coverage in City A.M. 

January 13, 2011

No Need to Panic Over Bribery Law

In his letter to the editor of the London Evening Standard published on January 13, 2011, Dan Nardello draws on his experience as a former US federal prosecutor to address the potential effect that the UK Bribery Act may have on UK business.  

The letter can be read online in the London Evening Standard's e-edition here.