Altegrity Risk International

Altegrity Risk International, Inc.
Subsidiary
Founded 2010
Headquarters New York, USA
Key people
 William Bratton, Chairman; Michael Beber, CEO; Lee Spirer, COO; Bob Viteretti, Leader of Investigative & Forensic Services; James McWeeney, Leader of Decision Intelligence; and Michael Berkow, President, Altegrity Security Consulting
Number of employees
 100+
Parent Altegrity, Inc.
Website www.altegrityrisk.com

Altegrity Risk International (ARI) is a New York City based global risk consulting and information services company. A subsidiary of Altegrity, Inc. of Falls Church, VA, ARI provides investigations, business intelligence, forensic accounting, compliance & monitoring and security services to businesses and government agencies around the world.

After launching in February 2010,[1] the Company named William Bratton, Chairman [2] and acquired Corporate Risk International (CRI),[3] a firm that has performed over 65,000 due diligence reviews and investigations in more than 150 countries.

After their bankruptcy, Alegrity settled with the U.S. Justice Department for $30 million over fraud charges.[4] ARI will become part of the Kroll, Inc. business unit under Altegrity, Inc., as part of a thorough acquisition integration process.[5]

Bankruptcy

In February, 2015, the company filed for bankruptcy.[6]

Security failures

Altegrity is the company which vetted the security clearance of Edward Snowden.[6]

The U.S. government terminated two major contracts with the company after security intrusions said to be "state-sponsored".[6]

Kroll Laboratory Specialists, Inc. ( "KLS" ), another subsidiary of Kroll, Inc., was sued by Eric Landon in NY ( Landon v. Kroll ) for failing to comply with NYS and other standards for Forensic Toxicology testing, whereby KLS was to provide completed drug tests to law enforcement agencies to be used as evidence in courts. As in USIS/Snowden, KLS was profiteering by skipping necessary aspects of the tox testing. As a result, countless people were falsely prosecuted and incarcerated on the KLS fraudulent lab reports.

Geographic reach

Altegrity Risk International is headquartered in New York City, NY and has important U.S. offices in Chicago, IL, Los Angeles, CA, Houston, TX, Philadelphia, PA and Reston, VA.

The company's Europe, Middle East and Africa (EMEA) region headquarters is in London. Asian operations are carried out by offices in Hong Kong.

Product offerings

Investigative and forensic services

Altegrity Risk International investigates backgrounds of companies and individuals on behalf of clients in the course of both pre-emptive and post-crisis engagements. ARI was the firm that vetted the background of whistleblower Edward Snowden.[7]

Decision intelligence

ARI produces due diligence reviews for clients involved in principal investing, hedge fund investments (in the course of both compliance and transactional diligence) as well as those who seek to understand risk and opportunities associated with doing business with individuals and companies worldwide.

Security consulting

Altegrity Security Consulting provides advisory and training services to international civilian police departments, consulting on operational effectiveness as well as crisis management and through CRI, strategies and services for managing kidnap, ransom and extortion crisis.

Finances

Altegrity Risk International is a subsidiary of Altegrity Inc. Altegrity Inc as of December 2014 was owned by Providence Equity Partners, a venture capital firm. As of 31 December 2014, creditors led by Oaktree Capital Management were nearing an agreement to seize control of Altegrity Inc.[7]

See also

References

  1. ↑ "Earth Times: show/altegrity-grows-launches-fourth-businessmdashaltegrity-risk-international-ari,1143931.shtml". earthtimes.org. Retrieved 9 December 2014.
  2. ↑ Pfeifer, Stuart (28 January 2010). "William Bratton launches global security firm Monday". Los Angeles Times. Retrieved 9 December 2014.
  3. ↑ Government Security News. "Altegrity launches ARI, which acquires CRI". gsnmagazine.com. Retrieved 9 December 2014.
  4. ↑ http://www.wsj.com/articles/u-s-settles-whistleblower-suit-against-altegrity-1440090102
  5. ↑ "Our Companies". altegrity.com. Retrieved 9 December 2014.
  6. 1 2 3 Sandler, Linda and Tan, Andrea (2015-02-09). "Altegrity files for bankruptcy after losing vetting contracts". Bloomberg.
  7. 1 2 Kosman, Josh (31 December 2014). "Creditors nearing agreement to seize Snowden vetter Altegrity". New York Post.
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