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FDIC Official to Speak to Grad Students at Utica College

UC Alum David Weber to Discuss Career, Financial Opportunities

Written By Christian Bochicchio '12, PR Intern

Contact - cleogande@utica.edu

Utica, NY (01/13/2011) - Utica College class of ’95 graduate and experienced legal counsel David P. Weber will return to UC on Monday, Jan. 17 to speak to students in the college’s online economic crime and fraud management and professional accountancy MBA programs. He will speak about banking agencies and potential career opportunities to students who are on campus for their winter residency.

Weber is the supervisory counsel and chief of the Federal Deposit Insurance Corporation (FDIC)’s Enforcement Unit I. As such, he is responsible for all enforcement and investigations involving state chartered banks, as well as the review of all large-scale bank failures, state and national, west of the Mississippi River. He supervises a staff of attorneys, paralegals, investigators and bank examiners in Washington, DC, and oversees the enforcement work of five regional offices of the FDIC in Dallas, Chicago, Kansas City, Memphis and San Francisco. He also serves as the lead faculty member and adjunct associate professor at the University of Maryland University College's Fraud and Forensic Investigations certificate program.

Prior to his employment at the FDIC, Weber spent more than a decade as counsel for enforcement at the Office of the Comptroller of the Currency (OCC), the Treasury Department bureau responsible for all enforcement and investigations within the national banking system. He has been involved in many of the largest enforcement actions brought by the federal government during the current banking crisis, including the recent take-back of millions of dollars in bonuses that were illegally paid by the largest national bank to fail in 2009, as well as the largest restitution order ever issued to a CEO of a national bank.

Weber earned his bachelor’s degree in criminal justice from Utica College, and his juris doctorate from Syracuse University. He is admitted to practice law in New York, the District of Columbia, the federal courts, and the United States Supreme Court. He is also a Certified Fraud Examiner.

Weber’s presentation will take place at 10 a.m. in the auditorium of the Economic Crime and Justice Studies Building.

The online economic crime and fraud management MBA program at Utica College is one of few in the nation that combines fraud management and business administration, availing professionals with the opportunity to advance their competencies in managing corporate and advanced technological resources to best combat financial crime. The online accounting MBA integrates business management skills with a primary focus on accounting theory, professional practice, and assurance, providing the financial information necessary for planning business strategy, helping control organizations, and helping investors make informed financial decisions.

For more information about this program or Weber’s talk, contact Zhaodan (Jordan) Huang, associate professor of finance, at (315) 792-3247 or by e-mail at zhuang@utica.edu.