SIGTARP is a Law Enforcement Agency that Targets Financial Institution Crime
SIGTARP uses an innovative, intelligence-based approach to identify and investigate crime at financial institutions participating in TARP, including in the TARP foreclosure prevention programs.
Our special agents have the authority to search, seize, and arrest. When they and our investigators build a strong case against an individual or institution, SIGTARP then works with the Justice Department and other prosecutors to obtain convictions or a guilty plea.
SIGTARP is an Independent Audit Watching Protecting the Interests of Taxpayers
SIGTARP audits TARP programs to prevent fraud and abuse, identify wasteful spending, and drive improvements. We ensure these programs are effective and efficient at achieving the U.S. Treasury Department's goals, including neighborhood stabilization and homeownership preservation.
When our team of forensic auditors and evaluators find a program that may be at risk, they get to work reviewing documents, interviewing and analyzing. After an audit confirms waste, abuse, or fraud, SIGTARP looks for ways to recover taxpayer dollars and mitigate the risk by leveraging best practices and our extensive knowledge of TARP. We then issue recommendations to the U.S. Treasury Department, which we share with Congress and the public.
Christy Goldsmith Romero is the Special Inspector General for the Troubled Asset Relief Program.