Written by Peter Torncello
Federal prosecutions of white-collar crime have fallen to a 20-year low, researchers at Syracuse University, analyzing Justice Department documents, have concluded.
Researchers found the federal government brought 5,173 white-collar crime cases in the first 9 months of 2015. This figure is down by approximately 4,000 cases from just a decade ago.
Two former executives at one of the nation’s leading healthcare claims processing firms, MultiPlan, Inc., were recently sentenced to serve one year and one day in federal prison for their role in a scheme to steer contracts to technology vendors in exchange for $3.4 million in bribes and kickbacks.
Keith Bush, MultiPlan’s former Vice President
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The Supreme Court of Kentucky has unanimously rejected a challenge by the local U.S. Attorney’s Office to Kentucky Bar Association Ethics Opinion E-435, which states that the use of ineffective assistance of counsel (IAC) waivers in plea agreements violated Kentucky’s Rules of Professional Conduct. U.S. v. Kentucky Bar Assn., 2013-SC-000270-KB (Aug. 21, 2014). It |
Manhattan U.S. Attorney Preet Bharara informed attendees at a recent Anti-Money Laundering Risk Management Conference in New York that enforcement of the anti-money laundering (“AML”) laws are a top priority for his office. Bharara stated, I can promise. . . financial institutions need to take [the BSA] seriously because we are deadly serious about enforcing