148: Bob Herndon – The Informant, Price Fixing Case, Book, Movie (Part 1)

FBI Retired Case File Review

Jerri Williams

True Crime, Interviews, Fiction, History, Fbi, Government, Truecrime

4.6 • 2.1K Ratings

🗓️ 10 January 2019

⏱️ 92 minutes

🔗️ Recording | iTunes | RSS

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Summary

In part one of this two-part episode, retired agent Robert Herndon continues his review of an anti-trust corporate fraud investigation involving Archer Daniels Midland, a global food processing corporation operating a price-fixing scheme to steal millions of dollars from its customers. Herndon also discusses Mark Whitacre, his rogue cooperating witness who had a hidden agenda that nearly destroyed the careers of Herndon and his co-case agent. The case was the subject of the true crime thriller, The Informant by Kurt Eichenwald and a feature film by the same name, starring Matt Damon.

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Transcript

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0:00.0	Welcome to episode 148 of FBI Retired Case File Review with Jerry Williams.
0:11.7	I'm a retired agent on a mission to show the public who the
0:15.7	FBI is and what the FBI does through my writing and the personal case reviews of
0:21.7	my former colleagues who served in the FBI.
0:25.0	Today we get to speak to retired agent Robert Herndon, who served in the FBI for 28 years. Before joining the Bureau he was employed as a
0:35.8	CPA. In this episode Bob Herndon reviews an antitrust corporate fraud
0:41.9	investigation involving Archer Daniels Midland, a global
0:46.3	food processing corporation convicted of operating a price fixing scheme to steal millions of dollars from its customers.
0:56.0	Herndon also discusses Mark Whitaker, his rogue cooperating witness, who had a hidden agenda that nearly destroyed the careers of Herndon
1:06.0	and his co-case agent Brian Shepard.
1:09.2	The case was the subject of a true crime thriller, the informant by Kirk Ekenwald, and a feature film by the same names starring Matt Damon.
1:21.0	During his FBI career, in addition to the ADM investigation, Herndon worked several other major cases.
1:28.0	Herndon received the Attorney General's Award for Distinguished Service, was the Agent of the Year and received an award
1:35.9	from the Director of the CIA following a three-year deep undercover assignment focused on a foreign adversary. Bob Herndon retired as a
1:45.7	supervisor overseeing complex financial crime cases in the Kansas City
1:50.6	Division. Bob is currently the president of the WCC Group LLC, an entity that conducts
1:58.8	employment background investigations, financial integrity reviews, and provides presentations and training to professional groups.
2:08.0	There is a reason that this case became both a best-selling book and a feature film. During part one, the case
2:17.8	review is going to seem like any other case review. But once we get to the end of the episode, you're going to be able to see that part two is going to be an emotional roller coaster, which once again demonstrates the sacrifices that agents sometimes
2:38.7	are asked to make for their investigations. Before we get to the interview, I just have a few things.
2:45.0	First of all, I want to welcome all of my new listeners.
2:49.0	This year, I plan to be more focused in my mission. I actually changed my intro just a tiny bit and I did that based on the work that I did with Elsie Escobar and the E-League planning for 2019. Yes, this is a true
	...

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