Albert Stieglitz

Albert Blackwell Stieglitz Jr was an assistant chief in the criminal division fraud section, where he oversaw Foreign Corrupt Practices Act investigations.

Stiegltiz joined the unit in 2016 before departing in the summer of 2017 to spend two years in London on detail with the UK's Financial Conduct Authority and Serious Fraud Office.

Stieglitz graduated in 2007 from the University of Virginia School of Law, where he was a member of the editorial board of the Virginia Law Review.

He clerked for US District Judge John G Heyburn II of the Western District of Kentucky and served on the staff of Kentucky Senator Mitch McConnell, a Republican, before joining the Justice Department in 2008 through the highly selective Attorney General's Honors Program.

At the Justice Department he's handled a wide array of white-collar matters in federal courts across the country, including trying several cases to verdict.

Along with former fraud section supervisor Nathaniel Edmonds, now a partner at Paul Hastings, Stieglitz prosecuted former General Services Administration chief David Safavian, a key figure in the public corruption probe of Washington, DC, lobbyist Jack Abramoff.

Safavian was sentenced to a year in prison in 2009 for making false statements and obstructing justice in the investigation. Stieglitz was among the Abramoff investigation team members honoured with the Attorney General's award for distinguished service in 2011.

In 2012, Stieglitz was named an assistant chief of the newly reorganised securities and financial fraud unit inside the fraud section.

Among the securities fraud cases he tried before a federal jury was an multi-million dollar "pump and dump" scheme that led to the 2013 conviction of lawyer Mitchell J Stein in Florida.

Stein was outside counsel to a company that purported to sell heart monitoring devices and which was controlled by his wife. He caused false sales orders to be created that gave the impression the company's sales were increasing, then released the fraudulent data through the company's securities filings and press releases, evidence showed. He profited by selling the artificially inflated stock through ostensibly blind trusts. A judge sentenced him to 17 years in prison.

Stieglitz has also participated in high-level corporate criminal resolutions, including the May 2015 guilty pleas of JP Morgan Chase, Barclays, the Royal Bank of Scotland and Citigroup for manipulating foreign exchange currency benchmark rates. The resolution, which resulted in a total of US$2.5 billion in criminal fines, was notable for requiring the parent companies of the banks to plead guilty rather than their subsidiaries.

Stieglitz, who married his wife, Amanda, in the chapel at Duke University where they met as undergraduates, is currently an adjunct professor at Georgetown University Law Center.

Get unlimited access to all Global Investigations Review content