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10/24/2008
Lifeboat Empties at ExecutiveAction
ExecutiveAction is the, apparently troubled, risk management firm founded by Neil Livingstone, formerly of GlobalOptions. It is well known that Livingstone's parting from GlobalOptions was less than cordial and it would seem that acrimony has followed him to his new digs. Intelligence Online is reporting that multiple senior staff have bailed from Livingstone's new venture.

This defection comes at the same time some of the current prime movers at GlobalOptions, and have been named in an investigation of controversial Russian billionaire, Oleg Deripaska. Deripaska was apparently Livingstone contact initially, and is only one of the dodgy characters from that part of the world with which Livingstone has been known to associate himself.

In any case, click on though to the IO article for full details on the sitch at ExecutiveAction.

-- MDT

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10/14/2008
GlobalOptions, A Russian Tycoon and Money Laundering
Those would be three things you most definitely do not want to see together in a sentence if you are risk consultancy, GlobalOptions. And yet these days it almost seems a given that in an article that involves an investigative firm and shady dealings in Russia, GlobalOptions is guaranteed at least a walk-on part...

In the complex case of Russian, billionaire and metal magnate, Oleg Deripaska, unfortunately, the role for GlobalOptions seems quite serious. 

According to a recent Wall Street Journal report, GlobalOptions is one of several consultancies, attorneys and associates of Deripaska that are currently under investigation regarding tens of millions of potential laundered dollars that were permanent pressed via wire transfers from Deripaska's various enterprises.

To take a step back from the matter at hand, Mr. Deripaska cuts quite the controversial figure, even for the 40 year old Russian billionaire set. 

Currently number nine on the Forbes Billionaires list, Deripaska had his U.S visa rescinded in 2007 for reasons undisclosed by the State Department. Media reports attributed the move to concerns over Deripaska's connections to organized crime (and false statements that Deripaska did not officially make to the FBI when he was not officially interviewed).

Those specifically named by the WSJ from the GlobalOptions team as being investigated in the money laundering probe are GlobalOptions joint venture partner, Alexander Mirtchev and firm President, Thomas Ondeck. Under scrutiny from authorites are more than $50 million in suspicious Deripaska-related wire transfers, about $10 million of which ended up in the hands of GlobalOptions.

Thus far the GlobalOptions team, via Mirtchev, has stated that any monies received from Deripaska were unquestionably for legal and law abiding, albeit confidential, services rendered. Further more, via counsel, GlobalOptions has indicated that the firm has yet to be contacted by law enforcement regarding this matter.

In the short term, look for more attention here as the U.S. government has become more and more antsy over the influence of somewhat questionable characters from the former Soviet republics, who with the help of formerly high ranking officials in the U.S defense and intelligence communities now in private practice, have insinuated themselves quite aggressively into the U.S. business community.

If ol' John McCain pulls an upset victory off in a few weeks perhaps Mr. Deripaska's fortunes might turn around a bit?

-- MDT

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11/20/2007
Investigators Arrested in Israel - Authorities Suspect Ties to Oleg Deripaska
Earlier this month Israeli authorities arrested two private investigators, Rafi Pridan and Aviv Mor, who they claim has been using illegal wiretaps to gain information about Israel Strategic Affairs Minister Avigdor Lieberman and businessman Michael Chernoy. Another individual, Avigdor Eskin was also arrested. Eskin is belived to have served as the intermediary between the investigators and their employer.

And here's where it gets interesting... The Israeli police believe the man running the show is Russian billionaire, Oleg Deripaska. Deripaska, who has a history of engaging in corporate espionage as well as a few other concurrent legal entanglements is apparently dead-set on beating out former Russian President Vladimir Putin as the person most likely to be mistaken for a James Bond villain. Lots more on the investigation, included Derpiaska's potential motives, right here.

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