Mark Whitacre, Date of Birth, Place of Birth

    

Mark Whitacre

American chief executive and money launderer

Date of Birth: 01-May-1957

Place of Birth: Morrow, Ohio, United States

Profession: businessperson, biochemist

Nationality: United States

Zodiac Sign: Taurus


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About Mark Whitacre

  • Mark Edward Whitacre (born May 1, 1957) is an American business executive who came to public attention in 1995 when, as president of the Decatur, Illinois-based BioProducts Division at Archer Daniels Midland (ADM), he became the highest-level corporate executive in U.S.
  • history to become a Federal Bureau of Investigation (FBI) whistleblower.
  • For three years (1992–95), Whitacre acted as a cooperating witness for the FBI, which was investigating ADM for price fixing.
  • In the late 1990s Whitacre was sentenced to 9 years in federal prison for embezzling $9.5 million from ADM at the same time he was assisting the federal price-fixing investigation.ADM investigated Whitacre's activities and, upon discovering suspicious activity, requested the FBI investigate Whitacre for embezzlement.
  • As a result of $9.5 million in various frauds, Whitacre lost his whistleblower's immunity, and consequently spent eight and a half years in federal prison.
  • He was released in December 2006.
  • Whitacre is currently the chief operating officer and President of Operations at Cypress Systems, a California biotechnology firm.

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