As part of Arthur Andersen specialist investigation team, I contributed to the forensic investigation commissioned by the Federal Reserve Bank of New York into one of the largest unauthorized trading losses in banking history.
The investigation revealed systematic failures in oversight, internal controls, and regulatory compliance:
Enhanced Federal Reserve oversight and reporting requirements for foreign banks operating in the US.
Investigation methodology became template for major financial institution fraud investigations
Strengthened international banking supervision and cross-border regulatory cooperation protocols
Complete legal documentation of the federal charges
Official Federal Reserve documentation on case resolution
Contemporary analysis of the Daiwa Bank scandal and its implications
Original press release announcing the federal criminal charges