Noted Corporate Fraud Investigator David Stulb to Lead Elite Fraud & Forensic Unit at Ernst & Young

Jan 31, 2003, 00:00 ET from Ernst & Young LLP

    NEW YORK, Jan. 31 /PRNewswire/ -- Ernst & Young LLP, one of the world's
 largest professional services firms, today announced that David L. Stulb has
 been selected to lead the firm's North American Global Investigative Services
 group.  Stulb, who formerly headed Arthur Andersen LLP's Business Fraud and
 Investigation Service practice, will lead an elite team comprised of leading
 white-collar crime attorneys, former government agency officials, law
 enforcement agents, and forensic accountants.
     "David Stulb is among the most respected and sought after fraud
 investigators in business today and an excellent choice to lead Ernst &
 Young's North American Global Investigative Services group," said Mike Emmert,
 Managing Partner of Ernst & Young's Litigation Advisory Services/Global
 Investigative & Dispute Advisory Services practice.   "His past coordination
 of investigative findings and interaction with the SEC, Justice Department,
 FBI, FDIC, and other international regulatory agencies is a major asset, " he
     According to Stulb, Ernst & Young's highly respected Global Investigative
 Services group will focus on helping global organizations navigate through the
 intricacies of corporate investigations and the complexities that may arise
 out of today's regulatory environment by relying on the skills of its more
 than 400 investigative professionals worldwide.
     Stulb's 17 years of experience in the private sector encompass extensive
 forensic work as an advisor to global corporations in various industries,
 principally financial services, technology and entertainment concerns, as well
 as several top law firms in major U.S. markets.  Prior to Andersen, he served
 as Managing Director, Price Waterhouse LLP's Special Investigative Services
 Group, and as Assistant Vice President Risk Management for Cartier, Inc.
 Stulb is also a former Operations Officer with the C.I.A. and a Marine Corps
     In addition, Stulb is a frequent speaker, and is considered a leading
 market advisor on corporate governance, money laundering, crisis management,
 securities fraud investigations, and political risk issues for corporate
 executives, attorneys, and other interested groups.
     Stulb is a member of several professional and community organizations
 including the Association of Certified Fraud Examiners, the Board of Governors
 for the New York Athletic Club (emeritus), Society for Competitive
 Intelligence Professionals, The Union League Club's Admissions Committee, The
 Catholic Near East Welfare Association, The Journal of Asset Protection and
 Financial Crime (emeritus) Editorial Board, and the Presidents Council -
 College of the Holy Cross.  Stulb graduated from the College of the Holy Cross
 in Worcester, Mass, where he earned his Bachelor of Arts in Political Science.
 Thereafter, he completed work for a Business Executive Program at INSEAD, in
 Fontainebleau, France. Reared in India, the Middle East, and Africa Stulb has
 extensive language training in French and Arabic.
     About Ernst & Young's Litigation Advisory Services Group
     Ernst &Young's Litigation Advisory Services (LAS) practice offers
 assistance in every phase of the dispute resolution process, including: Fact
 Finding & Discovery; Analysis & Quantification of Damages; Trial Preparation;
 Settlement Negotiation, and Expert Testimony.  LAS also specializes in
 designing and implementing comprehensive and integrated conflict management
 programs for organizations and their legal departments.  This elite team is
 comprised nationally of more than 350 professionals, consisting of former
 government agency officials, law enforcement agents, financial accountants,
 economists and MBAs, experienced in fraud investigations, forensic accounting,
 economic analysis, insurance claims, alternative dispute resolution, computer
 forensics, and intellectual property.  Find more information about LAS by
     About Ernst & Young
     Ernst & Young, a global leader in professional services, is committed to
 restoring the public's trust in professional services firms and in the quality
 of financial reporting.  Its 110,000 people in more than 135 countries around
 the globe operate with the highest levels of integrity, quality and
 professionalism to provide clients with solutions based on financial,
 transactional and risk-management knowledge in its core services of audit, tax
 and corporate finance.  The firm also provides legal services in those parts
 of the world where permitted.  A collection of Ernst & Young's views on a
 variety of business issues can be found at  Ernst &
 Young refers to all the members of the global Ernst & Young organization,
 including the U.S. firm of Ernst & Young LLP.  James S. Turley, Chairman and
 Chief Executive Officer of Ernst & Young LLP, is also Chairman of Ernst &
 Young Global Limited.

SOURCE Ernst & Young LLP