This indictment marks an important milestone in the life of the president's Corporate Fraud Task Force,

The charges filed today reflect our commitment to pursue fraud cases both up and down the corporate ladder,

We have built as a government something called the National Cyber Investigative Joint Task Force, NCIJTF, where 19 federal agencies sit together and divide up the work. See the threat, see the challenge, divide it up and share information.

The FBI has built up substantial expertise to address cyber threats, both in the homeland and overseas. Here at home, the FBI serves as the executive agent for the National Cyber Investigative Joint Task Force (NCIJTF), which joins together 19 intelligence, law enforcement, and military agencies to coordinate cyber threat investigations.

One thing that concerns me is fraud.

This operation was a coordinated, nationwide attempt to root out bribery, kickbacks and fraud in the repair and maintenance of Navy supply ships in the maritime industry.