EVERETT A. STERN, CHAIRMAN, FOUNDER
He is a former U.S. Senate candidate, and made international headlines as a government whistleblower who helped uncover one of the biggest banking scandals ever.
When Stern joined HSBC Bank, he was assigned to monitor Middle East transactions. Stern soon discovered that the bank was facilitating the transfer of hundreds of millions of dollars by terrorist organizations and major drug dealers.
Stern’s bank superiors kept ignoring his warnings. In frustration, he began feeding information about HSBC to the CIA. “After trying in vain to convince his bosses to at least let him do his job and look for money-laundering, Stern decided to turn whistleblower,” Rolling Stone Magazine would later write.
Stern quit in disgust and filed a whistleblower claim with the SEC. Ultimately, the U.S. Congress confirmed that the bank had endangered the U.S. financial system. In late 2012, in part as a result of Stern’s efforts, HSBC agreed to pay a record $1.92 billion fine.
Today, Stern continues that fight as head of Tactical Rabbit, where he carries out private intelligence operations for a wide variety of clients. He has also started a hedge fund, Rabbit Alpha LLC, that uses Tactical Rabbit’s business intelligence predictions to target publicly traded companies and hold them accountable. He has appeared in dozens of news articles and broadcasts, as well as a 2018 Netflix documentary, “Dirty Money.”
Stern was born in New York City. He is a proud graduate of Florida Atlantic University and earned his MBA from Stetson University in 2010.