A short presentation about Greg Meffert

1. Greg Meffert:Greed, Lies, and
Corruption
By
Dwayne Barnes

2. New Orleans
• Established May 7, 1787
• Population 360,740 (2011)
• Mayor-Council
Government Structure

3. Players
• Greg Meffert,
• former Chief Technology
Officer
• Former dot com CEO
• Well respected
businessman

4. The Players contd.
• Mark St. Pierre
• Former CEO of Imagine
Software and Veracent
• Former employee of
Meffert

5. The Crime
• 63 count indictment
• Conspiracy
• Wire Fraud
• Bribery concerning programs receiving federal funds
• Money Laundering
• False statements to investigators

6. The Crime COndt.
• Conspiracy to use position to manipulate the
procurement process for tech services and provided
millions of dollars in city funds to St. Pierre and his
companies
• St. Pierre illegally made payoffs or kickbacks to CTO, Greg
Meffert

7. The scheme
• Meffert persuaded the Mayor to sign an Executive order
removing technology contracts form the normal bidding
process
• Meffert approved over $4 Million in no-bid contracts to St.
Pierre owned companies.
• Meffert also forced price contractors to serve only as a
conduit for contracts received and pushed the work and
funds to St. Pierre owned companies

8. Show Me The money
• St. Pierre paid over
$860,000 form 2004-2008
• $38,000 Check
• $130,000 corporate
credit card
• $7,500 Membership Dues
• $35,000
PersonalExpenses

9. Show me The Money condt.
• $647,000 After leaving New
Orleans

10. Conviction
• Meffert Pled Guilty to one
count of conspiracy to
commit wire fraud and
bribery and one count of
filing a false income tax
return
• Agreed to testify again
Mark St. Pierre for lighter
sentence.

11. Internal COntrols
• Control Environment
• Risk Assessment
• Control Activities
• Information and Communications
• Monitoring

12. Control Environment
• Sets the tone of the organization and influences how
employees with in the organization go about their daily
tasks.
• The integrity, ethical, and competency of leadership and
employees
• Leadership philosophy and operating style
• The way management assigns authority and responsibility
• The way management organizes and develops its people

13. Control Activities
• specific policies and procedures that ensure management
directives are carried out.
• Approvals, Authorizations
• Statutory Duties,Verifications
• Segregation of Duties
• Security of Assets, Reconciliations

14. Questions???