About the Author

Anthony Accetta

Anthony T. Accetta is the Founding Member of The Accetta Group, LLC, a private investigative consulting firm.  Its clients include the world's largest and well known financial institutions. Raised in New York City, and educated at Phillips Academy, Andover, Wesleyan University, and the Vanderbilt University School of Law, Mr. Accetta practiced law for thirty years as a litigator both in New York City and in Denver.   Accetta began his legal career with the New York law firm of Shearman & Sterling.  

From there, he became an Assistant United States Attorney for the Eastern District of New York. As a Federal Prosecutor, Mr. Accetta was primarily responsible for the investigation and prosecution of the largest federal mortgage fraud prosecution in American history. The 1971-1974 prosecution of this systemic $2 Billion (adjusted to present value) complex mortgage fraud and bribery scheme resulted in numerous convictions, and assignment as a lecturer in mortgage fraud and white collar crime at the United States Department of Justice, as well as commendations for excellence in investigation and prosecution from the Director of the Federal Bureau of Investigation, the Head of the Criminal Division of the United States Justice Department, and the Secretary of Housing and Urban Development.

Between 1999 and 2005  Mr. Accetta was based in New York, and worked at the highest levels of major financial institutions. During that time  he warned Bear Stearns, Lehman Brothers, IndyMac and others of the pitfalls of their mortgage origination and securitization practices, to no avail. He personally observed major Wall Street figures deliberately ignore facts which would ultimately bring down the economy. He believes his early mortgage fraud prosecutions pale in comparison to the systemic fraud of the early 2000s.

Other aspects of his career include, as First Assistant Attorney General for the State of Colorado, investigation and exposure of Medicare and Medicaid fraud. He was also appointed a Special Prosecutor, and successfully investigated and prosecuted a major oil company for real estate fraud in the construction and sale of a planned community at Pueblo West, Colorado.

In private practice for over twenty years, Mr. Accetta specialized in the investigation and trial of fraud claims for private litigants around the world. His main client base consisted of financial institutions. He wrote "You the Jury: How Wall Street Cashed In On the American Dream and Nearly Killed It" because of his concern that the failure of Federal and State law enforcement to prosecute major crimes committed by major institutions and individuals will  lead to a repeat of the catastrophic damage caused by the housing market collapse which began in 2007.  His mantra regarding the failure of criminal and regulatory law enforcement is, "What is not deterred becomes an incentive."