Jeff Karsh, an acknowledged expert in the field of anti-money laundering and other financial investigations, joined Haymarket as a director in April 2006 and is Managing Director of the company’s US subsidiary based in Miami.

Prior to joining Haymarket, Mr. Karsh served more than thirty years as a Special Agent with the IRS Criminal Investigation Department where he held a number of high level posts. He worked with members of the US Congress in drafting money laundering legislation and asset forfeiture statutes and, most recently, he was the IRS Criminal Investigation Attaché assigned to the US Embassy in London. This post gave Jeff responsibility for his department’s activities in the United Kingdom, Western Europe, Africa and the Middle East and enabled him to develop significant international investigative and diplomatic experience. He continues to enjoy strong relations with high level law enforcement, business and government contacts across those regions. Previously, Jeff was the IRS Coordinator for the Organized Crime Drug Enforcement Task Force (OCDETF) in the Florida/Caribbean Region where he has an established network.

Mr. Karsh’s other recent responsibilities and achievements included the co-ordination of various high level international financial investigations, including money laundering, currency crimes, tax violations, terrorist financing and asset forfeiture. He developed and conducted training programs for his foreign counterparts and was an active participant in numerous inter-government agencies, including the Financial Task Force (FATF) and its regional bodies such as the Eastern and South African Anti-Money Laundering Group (ESAAMLG) as well as many other law enforcement functions. In 2004 he established the IRS Post at the US Embassy in Baghdad.

Prior to his assignment to the IRS International Section, Mr. Karsh served as a Supervisory Special Agent and, throughout the years, held a number of significant positions including the following:

• Supervised Operation Greenback, a multi-agency task force involved in narcotics money laundering investigations. The results of the operation included the seizure of thousands of pounds of illegal drugs, the seizure of millions of dollars in assets, and the arrests of hundreds of drug traffickers and money launderers.

• Assisted in establishing the Financial Crimes Enforcement Network (FinCEN) during its inception. FinCEN is the US government's Financial Intelligence Unit and is responsible for administering the Bank Secrecy Act, supporting the law enforcement, intelligence and regulatory community and also providing international support through the global network of Financial Intelligence Units.

• Assigned to the Department of Justice Asset Forfeiture Working Group and was responsible for establishing and implementing asset seizure and forfeiture policies.

A graduate from the University of Miami, where he obtained a Bachelor of Business Administration in Accounting, Mr. Karsh has developed strong leadership and managerial skills resulting from over twenty years of supervisory and managerial experience.