Icon Compliance Services, LLC

(516) 531-7104


palm house

Power Couple Pleads Guilty to Charges After Palm Beach EB-5 Visa Fraud

Published: May 6, 2019

At the request of United States Regional Economic Development Authority ("USREDA"), Icon's client, the expert team of investigators and forensic accountants at Icon endeavored exhaustively and diligently to assist the investigation by the United States Government, which led to multiple indictments and convictions. USREDA credited the findings by Icon's team as instrumental in the final outcome. (Please see previous press released by Icon on March 19, 2018".)




Published: April 12, 2019

Icon was recently retained by a large international construction company to investigate allegations of bribery, kickbacks and conflict of interest. Icon’s investigation exposed compelling evidence in the early stages that one of the project managers was engaged in a large, longstanding and well-planned fraudulent scheme with a sub-contractor to defraud the company. The general counsel of our client requested a speedy around the clock investigation by Icon. Icon’s team received and sifted through over 500 GB of data that included the suspected employee’s emails, general ledger, correspondence, security video tapes and telephone tolls muds and luds. Icon’s team worked expeditiously and exhaustively with the large volume of data and interviewed witnesses relevant to the investigation. Based on Icon’s findings, the company dismissed the employee and terminated business with the subcontractor. In addition to issuing a comprehensive report of investigation, Icon’s team compiled a detailed report with recommendations to the company for implementation of effective internal controls, policies and procedures to minimize risks and abate the likelihood for occurrence of similar fraudulent schemes.

Palm House

A Significant Outcome has Been Achieved for Investors in the Palm House Hotel by USREDA, SARC and its Companies

Published: March 19, 2018

Brian Aryai, CEO of Icon Compliance Services, was retained by an EB-5 regional center to conduct an investigation into EB-5 investor fraud. Icon's findings were turned over to the United States Government at the request of Icon's client. The attached press release was issued by Icon's client.


SEC – The Red Flag – When does a project raise a red flag?

Published: November 10, 2017

We were pleased to to participate on a panel addressing the “SEC – The Red Flag - When does a project raise a red flag?” It was a great honor to contribute to this event, along with my distinguished fellow panelists, especially since our firm, Icon Compliance Services, LLC, is the leading firm that specializes in investigations, monitoring and compliance auditing of EB-5 projects. Also it was that much more prodigious for me to be part of the this event, which was hosted by the Steven L. Newman Real Estate Institute of Baruch College, Mona Shah Global and David Hirson & Partners.


2017 Las Vegas EB-5 & Investment Immigration Convention Itinerary

Published: January 11, 2017

Brian Aryai, CEO of Icon Compliance Services will be a panelist at the upcoming EB5 Las Vegas Conference and will be providing answers to some of the most pertinent questions in third party compliance that are facing the industry today.


Plaza Construction Charged With Fraud--Will Pay More Than $9 Million In Restitution And Penalties for Defrauding Clients In A Ten Year Overbilling Scheme

published: October 13, 2016

Earlier today, the U.S. Attorney’s Office for the Eastern District of New York (the Office) filed fraud charges in Brooklyn federal court against Plaza Construction LLC, successor to Plaza Construction Corp. (Plaza Construction), one of the largest construction firms in New York City. Plaza Construction is charged with mail and wire fraud conspiracy for improperly billing its clients more than $2.2 million over a thirteen-year period for hours not worked and for inserting a hidden surcharge into its bills for the purpose of obtaining payments to offset administrative costs.



Published: March 28, 2016

 Brian Aryai, a former U.S. Treasury special agent and former senior executive of a major company who became an industry whistleblower, warns that the way New York’s industry is currently wired, the governor’s ambitious plan will fall short of its goals. The reason, said Aryai, who now runs Icon Compliance Services, is because of “long-standing layers of fraudulent padding of construction costs,” which has roots in the era when organized crime dominated the business.


Tishman Construction Charged With Fraud; To Pay More Than $20 Million In Restitution And Penalties For Defrauding Clients In A Ten-Year Overbilling Scheme

Published: December 10, 2015

Earlier today, the U.S. Attorney’s Office for the Eastern District of New York (“the Office”) filed fraud charges in Brooklyn federal court against Tishman Construction Corporation (“Tishman Construction”), one of the largest construction companies in New York City. Tishman Construction is charged with mail and wire fraud conspiracy for improperly billing its clients more than $5 million over a ten-year period for hours not worked and at rates that were in excess of the agreed upon contract rate.


Hunter Roberts Construction To Pay More Than $7 Million In Penalties And Restitution For Engaging In A Fraudulent Overbilling Scheme

Published: May 20, 2015

Hunter Roberts Construction Group, LLC (“Hunter Roberts”), one of the largest construction companies in New York City, has entered into a non-prosecution agreement and agreed to pay more than $7 million in penalties to the federal government and restitution to victims to resolve a criminal investigation into the company’s past fraudulent billing practices.


On Key Public Projects, Who Monitors the Monitors?

Published: January 6, 2015

   Brian Aryai, a former IRS special agent who went on to the Customs Service and then finished out his federal law enforcement career as a special agent with the U.S. Treasury, says major fraud and corruption are still alive and well in New York City's building industry. 

  Since the mob scandals of the 1980s, many New York City construction sites—especially public works—have had integrity monitors on hand to police corruption, ensure quality and maintain safety. Some have succeeded at preventing wrongdoing. Others raised an alarm that appears to have been ignored.

   Brian Aryai says integrity monitors are too often acting "as expeditors" helping construction companies find a way to settle up with prosecutors while continuing to operate, albeit with a commitment for more integrity monitoring.


Brian Aryai and United States Attorney Achieve Settlement of Largest Construction Fraud in New York City History

Published: March 15, 2013

  Brian Aryai and the United States Attorney for the Southern District of New York settled a False Claims Act qui tam case against Lend Lease (US) Construction LMB Inc. (formerly known as Bovis Lend Lease LMB Inc.) ("Lend Lease"). Lend Lease is an international construction company that worked on the Brooklyn Post Office, the World Trade Center Memorial and the former Deutsche Bank building at 130 Liberty Street.


City's Construction Giants Face Criminal Probe for Billing Fraud

Published: July 30, 2012

Months after one of the city's biggest construction giants agreed to pay nearly $60 million for inflating costs on public works projects, WNYC has learned that the criminal probe into billing fraud has expanded to other major contractors.


Company Admits It Bilked Clients on Big Project

Published: April 24, 2012

  The giant construction company that worked on Citi Field, the renovation of Grand Central Terminal and scores of other high-profile projects has admitted to a huge fraud scheme in which it overbilled clients for more than a decade and has agreed to pay $56 million in fines and restitution to avoid criminal charges, federal prosecutors announced Tuesday.


Longtime federal agent Brian Aryai triggered Bovis Lend Lease probe

Published: Saturday, June 6, 2009

  The man who triggered a federal investigation into one of the largest construction firms in the city is a Long Island accountant and longtime federal agent.

  Brian Aryai of Albertson, L.I., declined to comment Friday on the pending probe by the U.S. attorney's office in Brooklyn.

  Prosecutors are investigating allegations of overbilling by Bovis Lend Lease at five major city projects, including the Sept. 11 Memorial and the Mets' Citi Field Stadium, sources told the Daily News.


Suit Says U.S. Marshals Mishandled Forfeiture of Madoff Assets

Published: December 28, 2010

  A government whistleblower charges that the 73-year-old man the U.S. Marshals Service put in charge of auctioning off the property forfeited by white-collar criminals, including Bernie Madoff, undervalued what could be millions of dollars in assets.

  Leonard Briskman, the man in charge of the Marshals unit and the Asset Forfeiture Program, is accused of selling the assets without public notice or competitive bidding, finding buyers through business contacts and maintaining a secret bank account not accessible to government auditors, the New York Times reported.

  It all started when Brian S. Aryai, a former federal agent and certified public accountant who worked for a government contractor that helped the Marshals Service administer more than $2 billion in seized and forfeited assets, went to add his boss Leonard Briskman on LinkedIn, according to a lawsuit.