EVERETT A. STERN
Intelligence Director and CEO
When Stern joined HSBC Bank in 2012, 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, in clear violation of U.S. law. Unfortunately, Stern’s bank superiors continued to ignore his warnings. This forced Stern to share information and provide evidence about the bank’s illegal activity to the Central Intelligence Agency. “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, telling the FBI and other agencies what was going on at the bank,” Rolling Stone would later write. Stern quit HSBC in disgust and filed a whistleblower claim with the Securities and Exchange Commission (SEC).
Ultimately, the U.S. Congress confirmed that the bank had “exposed the U.S. financial system to a wide array of money laundering, drug trafficking, and terrorist financing risks.” In late 2012, in part as a result of Stern’s efforts, HSBC agreed to pay a record $1.9 billion in fines to U.S. authorities. Stern’s passion for fighting threats to the United States did not end with his tenure at HSBC. In recent years, he has run for U.S. Senate in Pennsylvania and founded Tactical Rabbit, carrying out sophisticated private intelligence operations on behalf of clients. Stern also founded Rabbit Capital Management, a hedge fund, which is dedicated to uncovering fraud and money laundering activity that feeds the financial needs of terrorist organizations and drug cartels. He has been featured in dozens of news articles and broadcasts, and appeared in a Netflix documentary, “Dirty Money,” on Wall Street and corporate greed.
Stern was born in New York City. He is a graduate of Florida Atlantic University and earned his MBA from Stetson University in 2010. For more information, please visit EverettStern.com or RabbitCapitalManagement.com.