Overview
Adam Kaufmann practices in the areas of white-collar crime, asset tracing and recovery, investigations, complex commercial fraud, and judgment enforcement. He has handled civil, criminal, and investigative matters on behalf of U.S. and international clients, both individuals and companies, throughout the world. These include high-profile multi-jurisdictional criminal matters and complex civil matters both in the United States and through coordinated legal strategies in multiple jurisdictions. Mr. Kaufmann is a recognized expert in international criminal law, corruption, and fraud, and has lectured on these topics in jurisdictions around the world and has testified twice before the United States Senate.
High-profile clients facing exposure to reputational, regulatory and criminal risk have turned to Mr. Kaufmann for assistance. He provided counsel to Mark Cuban and the Dallas Mavericks basketball team when allegations of sexual harassment within the Mavericks organization were published in Sports Illustrated. Mr. Kaufmann coordinated the independent investigation on behalf of the organization, communicated with NBA senior executives, and helped guide the team to a successful resolution of the matter. Mr. Kaufmann represented Manhattan art dealer Michael Shvo who was accused of a $3.5 million tax fraud, obtaining a non-jail settlement of all charges. He also represented former New York State Governor Eliot Spitzer when Mr. Spitzer was first blackmailed and then accused of crimes by a Russian national, ensuring that the blackmailer was prosecuted and Mr. Spitzer was exonerated. In other criminal matters, Mr. Kaufmann represented a Long Island-based engineering company with 300+ employees charged in a bribery case in Manhattan, and obtained a deferred prosecution agreement for the company. In international matters, he has represented a number of Brazilian individuals and companies implicated in the Brazilian Lavo Jato (“Car Wash”) investigation, as well as U.S. citizens and foreign nationals charged with FCPA, corruption, and money laundering conspiracies by the U.S. Department of Justice. Many of those matters involve the coordination of legal defenses in multiple jurisdictions working closely with foreign counsel. In 2018, Mr. Kaufmann was selected as an expert in Business Crimes Law by Global Expert.
Mr. Kaufmann also represents clients seeking to identify, trace, and recover stolen assets, and has brought numerous actions seeking discovery in support of foreign litigation and asset recovery pursuant to 28 U.S.C. 1782. He has represented clients tracing assets all over the world, including the representation of two sovereign states of Mexico seeking to recover funds stolen by former public officials. Mr. Kaufmann’s expertise was recognized in 2016-18 when he was selected to Who’s Who Legal for Asset Recovery. In civil and arbitration matters, Mr. Kaufmann has worked on numerous complex fraud and business dispute matters. He negotiated a favorable settlement for a civil client in a civil clawback action brought by the court-appointed receiver in a multi-hundred million dollar Ponzi scheme and has counseled numerous clients on aspects of U.S. law in international arbitral matters.
Mr. Kaufmann has counseled multi-national companies and banks on risk management and financial crimes compliance issues, with a particular emphasis on sanctions compliance. He counseled one Caribbean nation on anti-money laundering and sanctions compliance reforms for their offshore banking sector. He routinely handles inquiries about compliance with U.S. sanctions, and has represented a number of clients before the U.S. Office of Foreign Assets Control (OFAC). He has counseled clients on compliance with OFAC’s complicated sanctions structure, has conducted internal investigations into possible OFAC violations, has guided clients through self-reporting situations, and has represented clients filing delisting petitions.
Prior to joining the firm, Mr. Kaufmann served as a prosecutor for 18 years at the Manhattan District Attorney’s Office, specializing in international financial crime. As head of the International Financial Crime Bureau under legendary District Attorney Robert Morgenthau, he supervised and worked on numerous international money laundering and corruption matters, including the investigation that led to the indictment of Paulo Maluf of Brazil and the seizure of his assets in the Isle of Jersey, the seizure of tens of millions of dollars in black market funds from Brazil, Uruguay, and Paraguay. For many years, Mr. Kaufmann worked closely on issues surrounding Iranian money movement and sanctions busting, and supervised the investigations that led to the indictment of the Iranian Shipping Line (IRISL) and of Li Fang Wei, a Chinese supplier of missile technology to Iran. He led the investigation of the Alavi Foundation in New York that led to the federal forfeiture of the skyscraper at 650 Fifth Avenue, and the prosecution of foreign banks for laundering billions of dollars on behalf of Iran in violation of U.S. sanctions. In the last matter, Mr. Kaufmann and his colleagues interdicted a global financial network of sanctions violating banks moving billions of dollars of Iranian and Sudanese funds. These cases have led to substantive reforms in global payment practices and government forfeitures totaling billions of dollars. In 2007, his Bureau received a commendation from the United States Central Intelligence Agency for “Valuable Support to the National Security of the United States” for their work on Iran, and Mr. Kaufmann received the United States Assistant Attorney General’s Award for Distinguished Service.
Mr. Kaufmann finished his tenure in public service as Executive Assistant District Attorney and Chief of the Investigation Division. In that capacity, he supervised all investigations and prosecutions of white-collar crime, financial crime, political corruption, organized crime, cybercrime, money laundering, sanctions evasion, and terror finance. Mr. Kaufmann supervised the first prosecutions under New York State’s terrorism statute, prosecuting two domestic “lone-wolf” terrorists plotting to blow up churches and synagogues in New York City and to kill servicemen returning from combat tours in Afghanistan.
His work on international cases provides Mr. Kaufmann with deep experience and extensive contacts throughout the world. His experience allows him to understand how money moves around the globe and enables him to take apart complex fraud schemes to trace funds and recover assets. In criminal, civil, regulatory, and reputational matters, clients have found they can depend on Mr. Kaufmann to find creative solutions to their legal problems.
Professional Affiliations
- 2016-17 Who’s Who Legal: Asset Recovery
- 2013 District Attorney’s Association of New York, White Collar Crime Task Force
- 2012 New York City Bar Association, White Collar Crime Committee
Experience
- Executive Assistant District Attorney, Manhattan District Attorney’s Office
Representative Matters
White-Collar Criminal
- Represented numerous foreign businessmen and corporate entities in corruption inquiries by federal prosecutors and U.S. Senate
- Conducted investigation into tax fraud and securities violations by U.S. hedge fund
- Represented taxpayer in criminal tax evasion case with New York County DA
- Represented construction executive in federal over-invoicing investigation
- Represented suspect in international Ponzi scheme investigation
- Represented sports executives in FIFA investigation
- Represented major NY engineering firm in corruption investigation
Asset Recovery/Commercial Litigation
- Represented offshore hedge fund in civil clawback suit to recover assets lost from Ponzi scheme and in parallel federal criminal investigation - obtained substantial recovery for fund
- Represented client in Latin America in global asset recovery matter and recovered substantial funds
- Represented whistle-blowers bringing information to U.S. law enforcement authorities
- Successfully negotiated pre-litigation settlement to investment contract dispute between two high profile parties in Manhattan, collecting 100% of client’s demand
Financial Crimes Compliance
- Advised UK global media company on compliance with U.S. sanctions law and recovered blocked assets on their behalf
- Represented U.S. companies in OFAC investigations, including conducting internal investigations
Publications & Events
- Four Things Businesses Should Know About the Agreement with IranJuly 2015
- October 2014
- June 27, 2014
- July 3, 2013
- April 24, 2013
- April 9, 2013
- "Criminal Prosecution Under New York State's Martin Act"LJN Business Crimes Bulletin, Vol. 18, Number 1September 2010
In the News
“The new government of Tamaulipas is committed to taking all measures to stamp out corruption and return the proceeds of corruption to the people from whom they have been stolen,” Kaufmann said in a press release. “There are many ways that the United States courts can be used in a proactive way to trace and seize ill-gotten assets.”
The Brownsville Herald, April 26, 2019« Au cours de l’enquête, BNP Paribas ne s’est pas révélée très coopérative, beaucoup moins que d’autres banques », se souvient le procureur en chef de la division des enquêtes financières, Adam Kaufmann.
Le Monde, October 4, 2018“All of this smells like a crime,” said Adam S. Kaufmann, a former chief of investigations for the Manhattan district attorney’s office who is now a partner at the law firm Lewis Baach Kaufmann Middlemiss. While the statute of limitations has long since lapsed, Mr. Kaufmann said the Trumps’ use of All County would have warranted investigation for defrauding tenants, tax fraud and filing false documents."
The New York Times, October 2, 2018Woodsford Litigation Funding, one of the leading global third party funders, has announced a funding facility agreement with Lewis Baach which ensures the firm can offer clients an expedited, one-stop arrangement for the financing of high value litigation and arbitration.
August 16, 2017- Com minha experiência como promotor em Nova York, acompanho a Lava-Jato com otimismo. Agora, falta viabilizar acordos de leniência que punam empresas corruptas, mas não as liquidemPágina Aberta, May 17, 2017
- New York Law Journal, September 26, 2016
- "The degree of cooperation between U.S. and Latin American authorities is at an all-time high,” says attorney Adam Kaufmann.Inside Counsel, August 5, 2016
- Law360, August 4, 2016
Financial institutions should worry about the anti-money laundering (AML) issues that the UK Bribery Act (2010) gives rise to despite the law having been in effect for just over five years, lawyers said. The danger was thinking that because the law had existed since 2011, that compliance and legal staff have it figured out, they said.
Thomson Reuters Regulatory Intelligence, August 3, 2016- KYC360, May 3, 2016
- Adam S. Kaufmann lauded as "high-powered attorney and crisis manager," Vanity Fair, February 16, 2016
- Law360, August 11, 2015
- Expansion of U.S. Economic Sanctions Poses New Risks for InsurersInsurance Day, December 2014
- A Cautionary Tale for Non-U.S. Private Equity: Exposure to the Extraterritorial Reach of U.S. Sanctions,” Private Fund Dispute ResolutionPrivate Equity International (PEI), December 2014
- Former Manhattan prosecutor examines grand jury’s likely analysis in choosing not to indict in the death of Eric GarnerNY Daily News, December 4, 2014
- The New York Times, June 30, 2014
- La Nacion, June 4, 2013
- Expansion of US Economic Sanctions May Present Risks for Non-US InsurersInsurance Day, April 18, 2013
Mr. Francos is featured in the article and is admitted to practice only in Buenos Aires; not engaged in the practice of law in the District of Columbia.
AUNO, March 2013- Juristas norteamericanos y chilenos analizaron avances en materia de regulación del lavado de dinero
Mr. Francos is admitted to practice only in Buenos Aires; not engaged in the practice of law in the District of Columbia.
March 25, 2013 - March 23, 2013
- Sanctions Settlements Prompt Changes to Transaction MonitoringACAMS moneylaundering.com, March 5, 2013
- Iranian's check raises 70 million questionsThe arrest of an Iranian official in Germany provided indications that Venezuelan banks may be helping Iran evade economic sanctions.El Nuevo Herald, 2013
- EE.UU. investiga a varias entidades de Caracas sospechosas de romper el cercoFebruary 10, 2013
- ACAMS moneylaundering.com, January 29, 2013
Practice Areas
Education
- American University, Washington College of Law (J.D. 1994)
- Cornell (B.A. 1987)
Bar Admissions
- New York