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Updated information about Stern and created a section for Tactical Rabbit as per his request. This job was performed by a freelance writer. |
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'''Everett Stern''' is a whistleblower, CEO, and former United States Congressional Candidate. As the whistleblower in the [[HSBC]] money laundering scandal, he uncovered billions of dollars of illegal [[money laundering]] transactions which led to an [[U.S. Securities and Exchange Commission|SEC]] investigation and a $1.92 billion fine against HSBC in 2012.<ref name="rollingstone">Taibbi, Matt, [http://www.rollingstone.com/politics/news/gangster-bankers-too-big-to-jail-20130214 "Gangster Bankers: Too Big to Jail"], ''Rolling Stone'', February 14, 2013</ref> Stern grew up in [[South Florida]] and attended [[Wellington High School (Wellington, Florida)|Wellington High School]]. He received a BA degree from [[Florida Atlantic University]] in 2008<ref>Ant, Fire, [http://blogs.browardpalmbeach.com/pulp/2013/10/wellington_whistleblower_busts.php "Wellington Whistleblower Busts HSBC for Serving Terrorists, Promotes 'Bank War Day'"], ''Broward/Palm Beach New Times'', October 22, 2013</ref> and an MBA degree from [[Stetson University]] in 2010. In 2012 Stern founded Tactical Rabbit, Inc., a private intelligence company based in Pennsylvania, where he currently serves as CEO and Intelligence Director.<ref>Tactical Rabbit, [https://tacticalrabbit.com/about-us/ "About Us"], Accessed 11/10/2013</ref>
==HSBC Scandal==
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==Post-HSBC Career and Further Allegations==
Stern left HSBC in October 2011, and began working at a [[P. F. Chang's China Bistro|P.F. Chang’s]] restaurant as a server
In March 2013, Stern and the law firm Berger & Montague submitted evidence collected by Stern to the SEC that HSBC had continued to violate anti-money laundering regulations through October 2011, when Stern’s employment with HSBC ended.<ref name="americanbanker" /> In August 2013, Stern joined with an [[Occupy Wall Street]] working group called Alternative Banking to further publicize his allegations against HSBC.<ref>Ashton, Jerry. . Wall Street's Two Least Favorite Birthdays: OWS and Everett Stern [http://www.huffingtonpost.com/jerry-ashton/wall-streets-two-least-fa_b_3817644.html], ''Huffington Post'', August 28, 2013</ref> At a protest held on August 29, 2013 in New York City, Stern publicly alleged that HSBC had committed anti-laundering violations through the end of his employment in 2011, and asked that the government re-open the case against HSBC.<ref name="americanbanker" />
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In February 2014, Stern, a Republican, announced he was running for [[Pennsylvania's 13th congressional district]] in the [[United States House of Representatives elections in Pennsylvania, 2014|2014 elections]].<ref>Cumming, Chris. [http://www.americanbanker.com/people/hsbc-whistle-blower-launches-congressional-run-1065726-1.html] "HSBC Whistle-Blower Launches Congressional Run". February 20, 2014</ref> He withdrew from the race before the April 2014 filing deadline.<ref>Pennsylvania Department of State, “Unofficial Candidate Listing- Post Ballot Lottery,” [https://www.pavoterservices.state.pa.us/ElectionInfo/FooterLinkReport.aspx?ID=418] Accessed 4/8/2014</ref>
==Tactical Rabbit==
In June 2014, Stern and Tactical Rabbit investigated the potential merger between [[Sprint Corporation|Sprint]] and [[T-Mobile]]. He suspected the proposed merger would make the market “more cooperative than competitive” and allow prices to be more easily regulated. Because of the potential for [[antitrust law]] violations, Tactical Rabbit accurately predicted that the merger would not succeed.<ref>http://www.marketwatch.com/story/tactical-rabbit-investigates-possible-t-mobile-sprint-merger-2014-06-30</ref>
In August 2014, Stern announced an investigation of [[Students for Justice in Palestine]], a student organization found in colleges across America. He reported his findings to federal law enforcement after the Tactical Rabbit investigation indicated possible [[Hamas]] financing.<ref>http://www.newsmax.com/Newsfront/Everett-Stern-student-group-Hamas/2014/08/12/id/588385/</ref>
In September 2014, Tactical Rabbit launched an investigation into [[JPMorgan Chase & Co]]. Stern and Tactical Rabbit reported to regulators that JPMorgan Chase & Co. was violating [[Office of the Comptroller of the Currency|OCC]] and [[Bank Secrecy Act|BSA]] regulations.<ref>http://www.valuewalk.com/2014/09/jpmorgan-chase-bank-secrecy-act/</ref>
== References ==
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