David Paul Weber is a former Assistant Inspector General for Investigation at the Securities and Exchange Commission of the United States (SEC), where as a disclosure of the fact he reports allegations of foreign espionage against the stock exchange, and concerning the abuses in Bernard Investigation scheme L. Madoff and R. Allen Stanford Ponzi. He was dismissed a few months later for allegedly unrelated reasons. He sued the SEC, claiming his wrongful termination and retaliation against him for coming forward as a fact-holder. In June 2013, the SEC ruled Weber with his whistleblower protection and a US District Court suit by returning it and paid him $ 580,000, one of the largest federal whistleblower settlers in US history. In 2014, writer and blogger Larry Doyle named Weber as one of his "top 5 whistleblowers". On July 30, 2015, Weber was recognized by six US Senators and a member of the House of Representatives on the Anniversary of the National Congress of the National Apreciation Day. Weber is now in private law practice and is a Lecturer and Director of the Academic Fraud Management Program at the University of Maryland, College Park.
Video David P. Weber
Education
Weber graduated from Utica College of Syracuse University, and Syracuse University College of Law (J.D., magna cum laude, 1998). He was accepted at the New York State bar in 1999, the District of Columbia Bar in 2000 and the Maryland Bar in 2013. He is a licensed private investigator, with firearms authority, at the Commonwealth of Virginia, certified by the Virgnia Department of Criminal Justice Services.
Maps David P. Weber
Careers
Initial career
After graduating from law school, Weber became a legal officer in New York United District Judge Neal P. McCurn worked on criminal and civil cases. When the judge sat down with appointment in the US Court of Appeals for the Second Circuit, Weber assisted with criminal and civil lawsuits in 1998 and 1999. Subsequently, Weber was a Special Adviser for Enforcement for more than ten years in the Office of Financial Currency Supervisory, at the Ministry of Finance United States of America. He followed him by practicing as Supervisory Supervisor and Head of Enforcement Unit I for the Federal Deposit Insurance Corporation (FDIC), which is responsible for overseeing all banking enforcement activities and investigations involving state chartered banks and bank failures for the western part of the United States. Weber served as a FDIC signing on the completion of $ 1 billion eliminating anticipated loan products from the national banking system.
Securities and Exchange Commission
In January 2012, Weber was promoted to the US Securities and Exchange Commission (SEC) Assistant Inspector General for Investigation at the Inspector General's Office, directing all criminal, civil and administrative investigations into fraud, waste and abuse in SEC programs and operations, and supervising office investigation staff. In this role, he served as chief investigator of the SEC for internal affairs. At the end of the same month, H. David Kotz, SEC Inspector General for the previous four years, resigned and returned to the private sector as managing director of Gryphon Strategies. His resignation came amid questions about his behavior, as the then and former SEC employees had complained that Kotz had begun an investigation without credible evidence and the reputation of a person who did not need to be tainted.
Allegations Madoff, compromise the virtual world, and the retaliation of paid leave
In March 2012, Weber accused Kotz's inappropriate behavior, confirming that Kotz may have a personal relationship that pollutes the SEC's investigation of the Bernard Madoff and R. Allen Stanford Ponzi schemes. Kotz said Weber's allegations were "completely and utterly ridiculous and untrue." Despite Kotz's protests, further investigation proves that the allegations are true.
Weber also reported potential "national security" and "foreign spying" issues of "foreigners" in connection with the Weber case investigating that "involves unencrypted computer hard drives containing sensitive stock exchange information." However, in May 2012, Weber was placed on administrative leave after his associates complained that he was openly talking about the desire to carry a hidden gun at work, and to bring bulletproof vests to work. He was also banned from entering the SEC headquarters. Weber denied the allegations. US Senator Charles Grassley (R-Iowa) sent a letter to SEC Chairman Mary Schapiro, requesting a copy of "security threat evaluation" on the basis that Weber is banned from SEC offices. The SEC refused to provide a proper evaluation of threats against Weber to Congress. Later, it was revealed that the threat evaluation should have found that Weber was not a threat, and could return to work. The SEC, however, did not return it to work.
Williams Report
Weber's allegations against Kotz led the SEC to bring Inspector General David Williams from the US Postal Service to conduct an independent review, outside. The 2012 Williams report concludes that Kotz actually violates ethical rules by overseeing investigations involving people with whom Kotz has "personal relationships."
In addition, Williams's report looks at separate allegations that Weber has created a hostile work environment in the SEC. It found no evidence that Weber's behavior was inappropriate or triggered security concerns. The report explained that the allegations of bulletproof vests were wrong; vest belonging to the SEC and used as "a joke after Weber's colleague puts a smiley-face sticker on it.". SEC OIG staff also previously carried firearms; The USPS OIG report found that without law enforcement and weapons authority, the SEC OIG can not protect the rights of witnesses or complainants. The only discussion of the weapons in the SEC is in the context of a special re-certification agency to carry weapons after the OC SEC certification has ended, before Weber is employed. The Williams report also documents that Weber's own evaluation of WEC's threats is wrong, and frees him to return to work (though fails to do so). Finally, Williams's report found that Weber's report on SEC computer security has less advantages.
Whistleblower allegation
Weber claimed the retaliation was intended to repeat it for revealing violations at the SEC in Madoff and Stanford's investigations, perjury by Chairman Mary Schapiro in testimony before the Senate and the House of Representatives of the United States, and to delay the submission of a report to Congress on the gross misconduct of William S. Fagan ( Head of Security Services for SEC), Jeff Heslop (Chief Operating Officer of SEC), and Weber's investigation into the SEC to reveal the potential vulnerabilities of NYSE and the NASDAQ Securities Exchange.
According to Weber, Heslop is a target of at least two OIG investigations, including whether Heslop has directed his work to Booz Allen Hamilton. The Building Supervisor and the Government Reform Committee are investigating the allegations. Chairman Darrell Issa noted that Thomson Reuters's report and investigation of the suspicious and extravagant Booz Allen consultant's appointment was "highly compatible" with Weber's allegations.
According to Weber, Fagan is involved in a pay scheme to play in hiring private security contractors, as well as substantial nepotism in hiring security staff. Weber also alleged that Fagan was involved in the concealment of various sexual assaults of guard staff and a female visitor to the SEC who was attacked late at night due to inadequate security at Union Station headquarters. Fagan then uses the same private security contractor hired under a pay-to-play scheme, which should investigate Weber, a direct conflict of interest. The US Postal Service OIG, in their 2012 report, found that Fagan violations violate a number of laws and regulations, including the Standards of Ethics for employees of the Executive Department. The next SEC OIG report also found that Fagan was involved in concealment of sexual harassment and failure to properly filter SEC employees and contractors for criminal convictions.
The investigation into SEC computer security lapses is detailed in the August 30 report by Interim Inspector General Jon Rymer. His report states that while there are 28 laptops in question, outside companies are doing forensic testing only on "selected laptops" to determine whether violations occur. In response, NYSE Euronext hired former Secretary of Homeland Security Michael Chertoff to ensure sensitive exchange data was not violated after US securities regulators let their computers unencrypted. "Everything is on the laptop," said an exchange official who talked about the condition of anonymity. "You can find system architecture and technology maps from the New York Stock Exchange and the Nasdaq, information about their major data centers, their emergency plans.This is almost all you need to know if you are a terrorist who wants to sabotage US capital market. that security lapses do occur.
Dismissal and lawsuit
Weber worked at the SEC until October 31, 2012, when, months after becoming a whistleblower who accused the SEC of a significant error in Madoff and Stanford's investigations, NASDAQ cyber compromise, and the SEC's most senior management mistake, he was dismissed for unrelated reasons. He sued the SEC in federal court in Washington, D.C., in November 2012, saying he had been wrongly dismissed and prosecuted for attempting to investigate the offenses in the SEC and to come as a disclosure of the facts. Less than two weeks after Weber's outfit was filed, the SEC Chair resigned, followed by a brief order by the resignation or dismissal of each SEC senior management official, including Heslop, Fagan, and SEC's General Counsel Mark Cahn.
Kotz responds to a civil lawsuit that says: "for some unexplained reason, my name is dragged through mud in the most ridiculous and unreliable accusations." The SEC said it would "challenge vigorously" the lawsuit. However, the accusations against Kotz proved to be true, and the SEC did not oppose the lawsuit, or even submitted an answer. Instead of risking a lawsuit as promised, in June 2013, the SEC settled a lawsuit with Weber by paying him $ 580,000, returning it from the date of his dismissal, and clearing his personnel and security records. Weber is said to receive the third largest federal whistleblower payment in US history. Despite being restored, Weber decided not to return to his original position, instead to remain in private practice by "helping others through growing law and forensic investigation practice." In 2014, Larry Doyle blogger named Weber as one of his "top 5 whistleblowers". On July 30, 2015, Weber was recognized by six US Senators and a member of the House of Representatives on the Anniversary of the National Congress of the National Apreciation Day. Post-SEC.2C_Military_Service.2C_Law_Practice.2C_and_University_Teaching "> Post-SEC, Military Services, Legal Practice, and University Teaching
In July 2014, Weber and his wife Julie Goodwin Weber were principals at Goodwin Weber PLLC. In addition to legal practice, Weber is a certified fraud examiner, private investigator, and Lecturer and Director of the Academic Fraud Management Program at the Robert H. Smith School of Business, University of Maryland, College Park. Weber leads the American Bankers Association - Smith School Fraud and the Anti-Money Laundering Management Program, teaches on the Smith Executive MBA program and the Online MBA, the MS in Accounting program, Graduate Certificate in Risk, Compliance and Law, and also teaches undergraduate classes in fraud and ethics. Beginning in 2017, Weber also taught courses on organized crime involvement in white-collar crime for the criminal justice department and UMD criminology, and collaborated with Bernard Madoff on the Maryland fraud curriculum, whose relationship with Weber has been the subject of recent media coverage. In addition to teaching in Maryland, Weber is Woodrow Wilson Visiting High Independent Councilor.
Until 2016, Weber was a Lieutenant Colonel and appeals officer for the 70th Regiment of the Maryland Army National Guard, and a member of Judge Barrister Corps of Maryland State Guard. As a financial expert, Weber analyzed a number of loan agreements included among Panama Papers. In May 2016, Weber was awarded the Distinguished Teaching Award by Smith School, at the University of Maryland, for undergraduate teaching. In October 2015, the Faculty of Law, University of Syracuse called the Weber as one of five recipients of the award "Law Syracuse Alumni honoree" first "respectable achievement" in any field.
See also
- Whistleblower list
References
External links
- Goodwin Weber bio
Source of the article : Wikipedia
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