Mount Vernon Money Center (MVMC)
Robert Egan, the President of Mount Vernon Money Center, was arrested on February 8, 2010 pursuant to a criminal Complaint charging him with conspiracy to commit bank fraud against Webster Bank. On February 11, 2010, following Egan's arrest, the United States Attorney's Office obtained a Court order to freeze and seize the assets of Mount Vernon Money Center. On February 12, 2010, to safeguard the remaining assets of Mount Vernon Money Center, the Court appointed FTI Consulting to act as a Receiver pursuant to 18 USC Section 983(j) and 21 USC Section 853(e) on the consent of the parties. A copy of the Consent Order for Creation of Receivership and Appointment of Receiver is attached below. If you believe you are victim or creditor of Mount Vernon Money Center, please contact Lisa Dane of FTI Consulting at (212) 651-7145. Updates and case documentation can be found in the section below.
Federal crime victims* have the following rights, as set forth in the Justice for All Act of 2004, 18 U.S.C. §3771:
(1) The right to
be reasonably protected from the accused.
(2) The right to reasonable, accurate, and timely notice of any public court proceeding, or any parole proceeding, involving the crime or of any release or escape of the accused.
(3) The right not to be excluded from any such public court proceeding, unless the court, after receiving clear and convincing evidence, determines that testimony by the victim would be materially altered if the victim heard other testimony at that proceeding.
(4) The right to be reasonably heard at any public proceeding in the district court involving release, plea, sentencing, or any parole proceeding.
(5) The reasonable right to confer with the attorney for the Government in the case.
(6) The right to full and timely restitution as provided in law.
(7) The right to proceedings free from unreasonable delay.
(8) The right to be treated with fairness and with respect for the victim's dignity and privacy.
*Under the statute, "the term crime victim' means a person directly and proximately harmed as a result of the commission of a Federal offense or an offense in the District of Columbia. In the case of a crime victim who is under 18 years of age, incompetent, incapacitated, or deceased, the legal guardians of the crime victim or the representatives of the crime victim's estate, family members, or any other persons appointed as suitable by the court, may assume the crime victim's rights under this chapter, but in no event shall the defendant be named as such guardian or representative.
The United States Attorney's Office for the Southern District of New York is committed to protecting the rights of crime victims. If you are a victim of an offense being prosecuted by our Office, our Victim/Witness Unit can make sure that you are notified of important stages of the case to help you exercise your rights. In addition, our Victim/Witness Unit can help refer you to agencies that provide other services to witnesses, such as compensation and counseling. For information or assistance with referrals, please contact:
United States Attorney's Office
One St. Andrew's Plaza
New York, New York 10007
- Signed Receiver order with Exhibits
- Receiver’s March 1, 2010 Status Report
- Egan Consent Order of Forfeiture
- Declaration of James Hilliard In Support of Forfeiture of Money Seized From MVMC Vaults