Altegrity Risk International (ARI) was a
New York City
New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...
-based global risk consulting and information services company. A subsidiary of Altegrity, Inc. of Falls Church, VA, ARI provided investigations,
business intelligence
Business intelligence (BI) comprises the strategies and technologies used by enterprises for the data analysis and management of business information. Common functions of business intelligence technologies include reporting, online analytical pr ...
,
forensic accounting
Forensic accounting, forensic accountancy or financial forensics is the specialty practice area of accounting that investigates whether firms engage in financial reporting misconduct. Forensic accountants apply a range of skills and methods to d ...
, compliance and monitoring and security services to businesses and government agencies around the world.
Founding and product offerings
After launching in February 2010, the Company named
William Bratton
William Joseph Bratton CBE (born October 6, 1947) is an American law enforcement officer and businessman who served two terms as the New York City Police Commissioner (1994–1996 and 2014–2016). He previously served as the Commissioner of the ...
, Chairman and acquired Corporate Risk International (CRI), a firm that has performed over 65,000 due diligence reviews and investigations in more than 150 countries.
Altegrity Risk International investigated 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
Edward Joseph Snowden (born June 21, 1983) is an American and naturalized Russian former computer intelligence consultant who leaked highly classified information from the National Security Agency (NSA) in 2013, when he was an employee and su ...
.
ARI also produced 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.
Altegrity Security Consulting provided 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.
Security failures
Through its subsidiary,
USIS, Altegrity is the company which vetted the security clearance of
Edward Snowden
Edward Joseph Snowden (born June 21, 1983) is an American and naturalized Russian former computer intelligence consultant who leaked highly classified information from the National Security Agency (NSA) in 2013, when he was an employee and su ...
and
Aaron Alexis
The Washington Navy Yard shooting occurred on September 16, 2013, when 34-year-old Aaron Alexis fatally shot 12 people and injured three others in a mass shooting at the headquarters of the Naval Sea Systems Command (NAVSEA) inside the Washingt ...
.
The U.S. government terminated two major contracts with the company after security intrusions said to be "state-sponsored".
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 toxicology testing. As a result, countless people were falsely prosecuted and incarcerated on the KLS fraudulent lab reports.
Bankruptcy
ARI was a subsidiary of Altegrity Inc, and was owned by
Providence Equity Partners
Providence Equity Partners L.L.C. is a specialist private equity firm, private equity investment firm focused on media, communications, education, technology investments across North America and Europe. The firm specializes in growth-oriented pri ...
, a venture capital firm. As of 31 December 2014, creditors led by
Oaktree Capital Management
Oaktree Capital Management is an American global asset management firm specializing in alternative investment strategies. As of March 31, 2022, the company managed $164 billion for its clientele.
The firm was co-founded in 1995 by a group that ...
were nearing an agreement to seize control of Altegrity Inc.
In February 2015, the company filed for bankruptcy.
After their bankruptcy, Altegrity settled with the U.S. Justice Department for $30 million over fraud charges. ARI became part of the
Kroll, Inc.
Kroll is an American Private investigator, corporate investigation and Risk and strategic consulting, risk consulting firm established in 1972 and based in New York City. In 2018, Kroll was acquired by Duff & Phelps. In 2021, Duff & Phelps decid ...
business unit.
See also
*
USIS
References
{{Reflist
Management consulting firms of the United States
Private detectives and investigators
American companies established in 2010
Consulting firms established in 2010
Security companies of the United States
Companies based in New York City
2010 establishments in New York City