Remarks
by
Grant Ashley
Assistant Director, Criminal Division
Federal Bureau of Investigation
Press Conference at the Department of Justice Headquarters
The actions today are the results of the partnerships
with the United States Attorney, the Department of
Justice, the Internal Revenue Service, the Securities
and Exchange Commission, and the Postal Inspection
Service.
This investigation was initiated in March of this
year, and, as Chris mentioned, there have been 16
former HealthSouth executives charged, 14 of whom
have pled guilty.
Despite the enormity and the complexity of this case,
its swiftness and efficiency in addressing corporate
fraud will serve as a model for all the other investigations.
I'm most appreciative of the efforts of the United
States attorney, Alice Martin, and her staff, the
leadership of the Department of Justice, and the tireless
efforts of the employees of the FBI, the IRS, the
Securities and Exchange Commission, and the Postal
Inspection Service. Without them, this case would
not have progressed as it did.
As an overview, the FBI currently has 139 open corporate
fraud investigations, with at least 16 of those with
individual losses exceeding $1 billion. We open approximately
three to six new cases every month. And in these cases,
187 individuals have been charged with 92 convictions.
The
FBI will dedicate all necessary resources to address
criminality in the executive suites.
Thank
you.
