6 Degree Intelligence Names Former Supervisory Special Agent Tim Reilly as Director of Financial Services
Software development firm 6 Degree Intelligence has hired Tim Reilly, a 27-year veteran of financial crime investigations, to lead its financial services division, announced the company’s CEO Steve Overton today.
“Tim is an internationally recognized expert on uncovering money laundering and fraud schemes whose investigations have led to the recovery of hundreds of millions of dollars in assets and the prosecution of high-level public officials, among other criminals,” said Overton. “He immediately grasped the value of our analytics software, which enables investigators to more quickly and deeply research business connections and potential risks, so we’re looking forward to providing our clients with both this technology and his expertise.”
Reilly is a five-time recipient of the Department of Justice’s Award for Public Service and has received the Special Award of Honor from the International Narcotic Enforcement Officers Association.
He began his career in 1991 as a Special Agent for the U. S. Treasury Department. Upon graduation from the Federal Law Enforcement Training Center, he was assigned to the New York Field Office in Brooklyn where he served from 1991 to 2003 conducting investigations into federal tax evasion schemes, illegal prostitution organizations, Russian organized crime and international money laundering operations.
While in New York, Reilly was also assigned to the U.S. Drug Enforcement Administration for four years as a part of a multi-agency task force that investigated an international drug operation. This investigation led to the arrest of over 75 individuals and seized more than $100 million in assets.
Reilly responded to the national tragedy of September 11, 2001 by accepting an assignment to the Joint Terrorism Task Force in New York City.
Since 2003, Reilly has worked in Raleigh, North Carolina conducting political corruption investigations at the direction of the United States Attorney’s Office. These investigations have led to the successful prosecutions of North Carolina public officials that included the Governor and his General Counsel, the Speaker of the House, a U.S. congressman, a District Court Judge, a ten-term member of the State House, a Lottery Commissioner, and others. Since November 2012, he has been a Supervisory Special Agent overseeing investigations involving public corruption, fraud, identify theft, cigarette smuggling, and National Security matters.
“It is exciting to be joining a start-up company with the kind of game-changing technology that 6 Degree Intelligence has developed,” said Reilly. “Financial criminals are becoming increasingly sophisticated at hiding their assets and their identities, so there are a number of industries that 6 Degree can assist and protect through its advanced analytics software.”
As the Director of Financial Services at 6 Degree Intelligence, Reilly will manage business development and oversee client implementation of 6 Degree’s financial risk analytics technology, 6 Degree Risk.
About 6 Degree Intelligence
North Carolina-based 6 Degree Intelligence was founded in 2018 by software engineer and certified anti-money laundering specialist Steve Overton. In 2019, the company introduced its first product, “6 Degree Risk,” which applies advanced analytics technology and machine learning to assist investigators in quickly uncovering business connections and unknown risks beyond first-degree known relationships. Powered by SAS technology, the software enables financial institutions to meet compliance and due diligence requirements for Know Your Customer and anti-money laundering and fraud investigations.