Jonny Frank brings over 40 years of public and private sector and law and business school teaching experience in forensic investigations, compliance, and risk management. He helps organizations and counsel remediate misconduct and address regulatory findings.

Jonny is well-known for his work in risk assessment, remediation, controls testing and compliance monitoring. He joined StoneTurn from PwC, where he was a Partner, and founded and globally led the Fraud Risk & Controls practice. Jonny also served as the Executive Assistant United States Attorney, Eastern District of New York, a Senior Faculty Fellow at the Yale School of Management and an Adjunct Associate Professor at Fordham University Law School and Brooklyn Law School.

Monitorships & Independent Consultant Assignments

Current Assignments

• Top Ten Japanese Bank, Off Channel Communications/Recordkeeping (SEC)
• $1 Trillion AUM Retail Broker, Off Channel Communications/Recordkeeping (Voluntary)
• Big Three Credit Agency, Off Channel Communications/Recordkeeping (Voluntary)
• Global Investment Firm, Off Channel Communications/Recordkeeping (SEC)

Prior Assignments

• Deutsche Bank, Fraud and Antitrust (DOJ)
• Fiat Chrysler, Engine Emissions (DOJ)
• Volkswagen, Engine Emissions (DOJ)
• Big Three Rating Agency, RMBS (SEC)
• Big Four Audit Firm, Fraud (SEC)
• $500 Billion AUM Nordic Bank, Money Laundering (Voluntary)
• Ocwen Financial Services, Mortgage Servicing Fraud (NYDFS)
• $2.5 Trillion AUM Investment Bank, Mortgage Foreclosure (DOJ)
• Tier One Automotive Supplier, Testing Manipulation (NHTSA)
• $250 Billion Oil and Gas Conglomerate, FCPA (DOJ)
• $35 Billion Alternative Asset Manager, FCPA (DOJ)
• $6 Billion Medical Device Manufacturer, FCPA (DOJ)

PwC Investigations of Indonesia President and Bank of China Chairman

As a Partner with PwC from 1997 until he retired in 2011, Jonny founded PwC Investigations, which focused on investigating and remediating serious misconduct by and against companies and governments. His engagements spanned the globe, including investigations of the President of Indonesia and the Chairman of the Bank of China.

PwC “Scheme and Scenario” Risk Assessment Framework  

In the aftermath of Sarbanes-Oxley, PwC’s Chairman appointed Jonny to develop and globally lead PwC’s Fraud Risk & Controls, the only Big Four practice devoted wholly to preventing, detecting, and remedying fraud, corruption, waste, and abuse. Jonny pioneered the “scheme and scenario” risk assessment framework, subsequently embraced or endorsed by the SEC, Committee of Sponsoring Organizations of the Treadway Commission (COSO), the American Institute of CPAs (AIPCA) and the Institute of Internal Auditors (IIA). He also developed a forensic auditing & monitoring curriculum and trained over 5,000 professionals worldwide on risk assessment, controls, data analytics, forensic accounting, planning and executing investigations and remediation.

Executive Assistant U.S. Attorney, Eastern District of New York 

Jonny began his professional career as a Federal prosecutor in the U.S. DOJ, where he rose to Executive Assistant United States Attorney for the Eastern District of New York. His prosecutorial specialty involved investigating and prosecuting economic crimes by and against Fortune 500 companies. In the mid-1990s, the Justice Department appointed Jonny to serve as Special Counsel to the New York City Mayoral Commission on Police Corruption, where he helped to restructure processes and controls to prevent and detect corruption. The DOJ also appointed Jonny to review criminal codes and train judges and prosecutors in post-Soviet democracies.

Award Winning Author and 20+ Years of Law & Business School Teaching Experience

Jonny served for twenty years on the faculties of the Yale School of Management, Fordham University Law School, and Brooklyn Law School, where he taught strategic fraud and corruption management courses, complex criminal investigations and international criminal law. He is an award-winning author of over 75 articles and book chapters and has delivered over 75 lectures worldwide to university, public and private sector audiences. Jonny is a 2024 Forbes Finance Council member. (Click here to read Jonny’s recent thought leadership.)