Joe Howie, a former partner who dedicated 35 years to Ernst & Young (EY), has come forward with serious allegations. He claims that EY knowingly provided audit and compliance services to gambling clients suspected of having ties to international organized crime, including connections to Chinese mafia figures linked to casino companies listed in the US. Howie also states that the firm retaliated against him after he persistently raised concerns about professional and legal compliance.
In a lawsuit filed in the Southern District of New York, Howie accuses EY of audit failures that enabled ongoing criminal activities such as money laundering and misinforming investors. He is represented by Wigdor LLP, a notable New York law firm known for successful whistleblower and employment cases.
The lawsuit details how EY issued clean audit reports for clients linked to convicted criminal junket operators Alvin Chau and Levo Chan. These operators managed VIP gambling rooms associated with Triad syndicates. According to Howie, EY’s internal risk assessments were either tampered with or incomplete, and the company overlooked or suppressed advice to cut ties with these high-risk gambling clients. These clients included both US-based and international operators publicly identified in open sources and due diligence reports as connected to...
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