Rocco deGrasse has led fraud investigations and compliance projects across a broad spectrum of industries in both law firm and consulting contexts. He served as a law clerk to a federal judge in North Carolina followed by ten years as a federal prosecutor in Raleigh and Chicago. He thereafter was a partner at two international law firms before joining a Big Four accounting firm as a Principal in its Forensics Practice; in that capacity he served as Lead Principal for FCPA matters in the Americas.
Mr. deGrasse has testified in a variety of settings, including before a U.S. Senate subcommittee examining terrorist financing. He has presented on fraud-related matters, including at the internal DOJ/SEC “FCPA boot camp” held annually for Commission and Department personnel. He served as KPMG Global Lead on the firm’s multi-year FCPA compliance and internal controls project for Walmart.
Mr. deGrasse has experience in Foreign Corrupt Practices Act (FCPA), money laundering, health care fraud and abuse and general fraud investigations as well as designing and enhancing corporate compliance programs (including executing internal audit programs). He collaborates with senior management and boards of directors for companies of diverse size, from Fortune 5 companies to small privately held entities. He has lectured on these topics to corporations and professional associations, the latter including the American Bar Association’s Litigation Section, the Organization for Economic Cooperation and Development (OECD), the American Health Lawyers’ Association, the Health Care Compliance Association, the Illinois State Bar Association and the Institute of Internal Auditors, an organization that has identified him as one of its outstanding presenters.
Mr. deGrasse has provided commentary and insight regarding criminal matters on Chicago media outlets and in national publications. He provided to the United States Senate, at the request of one of its committees, both information and background to assist that committee’s investigation into terrorist financing in the wake of the September 11th tragedy. He has travelled world-wide to address bribery-related issues for clients, including in the due diligence, compliance, internal audit and investigative contexts.
Mr. deGrasse's work included evaluating risk arising under FCPA as well as foreign jurisdictions’ laws, including the UK Bribery Act. Projects included review of books and records, review and drafting of corporate policies and procedures, supervision of computer forensic projects, and interviews of corporate employees and other witnesses. He understands the inevitable investigative challenges that accompany cross-border FCPA investigations and due diligence engagements. He worked closely with firm global resources to understand pertinent cultural, statutory and regulatory frameworks relevant to investigations in foreign countries.
Mr. deGrasse conducted and supervised internal forensic investigations for a broad spectrum of businesses, addressing issues with audit committees and members of senior management. He advised companies on establishing and implementing corporate compliance and governance programs. His work includes review of controls addressing both regulatory and financial risk as well as designing and executing internal audit work plans. He works with general counsel, chief compliance officers and heads of internal audit in this regard.
Mr. deGrasse served as an Assistant U.S. Attorney for the Northern District of Illinois and the Eastern District of North Carolina, during which time he tried more than 25 cases in federal court and argued numerous cases before federal appellate courts. Individuals he prosecuted included corrupt labor union officials, organized crime figures and members of the Cali Cartel’s international drug importation and money laundering network. He participated in civil forfeitures related to organized crime and drug trafficking prosecutions, including tracing assets linked to illegal activity. He served as law clerk to U.S. District Judge Terrence W. Boyle in Elizabeth City, N.C. prior to becoming a prosecutor. He was one of five prosecutors selected nationwide by the U.S. Department of Justice to restructure the Department’s most advanced educational course for federal prosecutors.
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Forensic Accounting & Investigations
Regulation and Compliance
Risk Management & Internal Controls