Vince D’Amelio is a Senior Managing Director at Ankura Consulting Group, located in the New York Office. He had extensive experience in the area of Regulatory Compliance including Anti-Money Laundering, Bank Secrecy Act and the Foreign Corrupt Practices Act. Mr. D’Amelio has led numerous forensic accounting investigations involving the misapplication of Generally Accepted Accounting Principles and the misappropriation of assets. He has been recognized as an expert in forensic accounting and fidelity claims in both state and federal courts. Vince began his career in the government serving as a regulator in the Insurance industry and later as a Senior Financial Investigator in the New York County District Attorney’s Office.
Mr. D’Amelio has experience leading a Historical Transaction Review (also referred to as a “Lookback”), for which he led a team of over 200 investigative professionals, responsible for analyzing over 1.5 billion banking transactions to determine if Suspicious Activity Reports were necessary. He also has experience in high level data analytics; he led a team of 10 professionals assisting the SIPC Trustee of the Bernard Madoff Estate by applying advanced data analytic and visualization tools.
Additionally, Mr. D’Amelio served as the primary on-site day-to-day point of contact for the Independent Financial Monitor on behalf of the City of New York for the cleanup at the World Trade Center following the terrorists’ attacks of 9/11. In this capacity, he led a team of over 100 personnel at Ground Zero 24 hours a day, seven days a week.
As a result of an investigation by the US Trustee, Mr. D’Amelio led a team of over 20 professionals that reconstructed a bank’s servicing practices related to mortgage customers in bankruptcy. He has also worked with the SEC, leading an investigation restatement of a publicly traded equipment rental company’s financial statements. The accounting issues included purchase accounting, sale and lease back transactions and liability reserves.
Mr. D’Amelio has experience testifying in court. As the leader of the investigation and restatement at an online employment recruiting web site regarding the backdating of stock options, he was called as witness for the prosecution in the criminal trial of the COO, related to the SDNY Investigation and Restatement.
Mr. D’Amelio has also served as the lead forensic accountant to the Trustee in Bankruptcy relating to the Agape World Ponzi scheme in the EDNY. Additionally, he has investigated the misappropriation of partnership assets, theft and diversion of assets by a managing partner of a distressed asset work out fund. Mr. D’Amelio has additional experience leading a multinational investigation of alleged violations of the FCPA in Saigon and Kuala Lumpur on behalf of an international hospitality company. He has also investigated violations of the FCPA in Manilla on behalf of an international construction firm.
As the Director of Forensic Accounting at AIG in their Fidelity Claim Department, Mr. D’Amelio was responsible for all forensic accounting aspects of all domestic and international fidelity claims. He has also investigated and prepared Proof of Loss forms for insureds for filing against their Fidelity and Employee Dishonesty policies. Mr. D’Amelio has also led numerous court-ordered monitorships of organized crime influenced companies and unions in the construction and private carting industries.
Mr. D’Amelio has a Bachelor’s of Arts Degree from Queens College – CUNY, and is a Certified Public Accountant licensed to practice in New York State. He has served as an Adjunct Professor in Forensic Accounting at New York University and St. John’s University.