Ever since Congress created the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) under the Emergency Economic Stabilization Act (EESA), SIGTARP has delivered for American taxpayers. As a law enforcement office, SIGTARP has a proven record of identifying and investigating fraud and other crime. SIGTARP investigations have resulted in the recovery of at least $11.3 billion, criminal prosecutions by the Department of Justice and others of 469 defendants—321 of them sentenced to prison, including 75 bankers. Our investigations have also resulted in enforcement actions against 25 corporations/entities, including enforcement actions against many of the largest U.S. financial institutions. As an independent watchdog, SIGTARP has consistently identified fraud, waste, abuse, ineffectiveness, inefficiency, and risk in EESA programs, and brought transparency to EESA.
Report File
Date Issued
Submitting OIG
Special Inspector General for the Troubled Asset Relief Program
Other Participating OIGs
Special Inspector General for the Troubled Asset Relief Program
Agencies Reviewed/Investigated
Troubled Asset Relief Program
Report Description
Report Type
Other
Agency Wide
Yes
Questioned Costs
$0
Funds for Better Use
$0
