Wilfred Castro

Wilfred brings 22 years of global federal law enforcement experience from the U.S. Department of Treasury, plus, leadership in fraud detection at one of the nation’s largest publicly owned commercial banks, City National Bank, a subsidiary of the Royal Bank of Canada. His diverse experience clearly differentiates him in the banking industry in the U.S. and abroad. 

​

Throughout his career with IRS Criminal Investigation, Wilfred demonstrated excellence in his roles conducting and supervising investigations involving tax fraud, investment fraud, bank and mortgage fraud, recycling fraud, public corruption, identity theft, cyber fraud, anti-terrorist financing, domestic and international money laundering (involving Anti Money Laundering and Bank Secrecy Act violations), narcotics, and white-collar related money laundering. These cases used the International Emergency Economic Powers Act (IEEPA), included placing of individuals on the Office of Foreign Asset Control (OFAC) list, and prosecuting individuals using the RICO (Racketeer Influenced and Corrupt Organizations Act) statute. As a Supervisory Special Agent, Wilfred managed a group consisting of up to 12 agents and two support staff. He was responsible for managing an inventory of 100 active investigations at a time encompassing a domestic and international scope.

 

As a Senior Fraud Detection Investigator for City National Bank, Wilfred drew on his experience conducting investigations into fraudulent activities resulting in filing Suspicious Activity Reports (SAR). These investigations involved an extensive forensic accounting of financial transactions from all aspects of the bank’s line of products –including wire transfers, securities, Automated Clearing House (ACH) transfers, loans, deposits and checks. Wilfred worked with City National Bank’s Legal Department and the Bank Secrecy Act Groups to mitigate the risk posed by specific clients’ fraudulent activity. 

​

In addition, Wilfred investigated cases involving political corruption, insider trading, Ponzi schemes, money laundering, tax evasion, embezzlement, securities fraud, loan fraud, check fraud, business email compromise, Small Business Administration Cares Act COVID-19 relief program fraud, and internal investigations. 

​

Wilfred resides in Los Angeles with his family and is a great sports buff. As a former college club ice hockey player, he is a passionate fan of ice hockey, but loves following football and baseball as well as getting outdoors to explore regional hiking trails.