The Crime Report (https://thecrimereport.org/category/white-collar-crime/)
The Justice Department has directed all 94 U.S. Attorneys to appoint a coordinator for all virus-fraud cases, raising the prospect that those who threatened or attempted to spread the virus could be charged with federal terrorism offenses as the virus could be classified as a biological agent.
The Justice Department has contacted Republican North Carolina Sen. Richard Burr, who dumped up to $1.72 million in stocks before the market plunged, for further information. Other lawmakers who traded ahead of the market turmoil caused by the COVID-19 panic based on confidential briefings they received could face similar inquiries, according to media reports.
Attorneys for “Full House” star Lori Loughlin and her husband Mossimo Giannulli asked a federal judge to throw out their college admissions bribery case, alleging misconduct and entrapment.
“It’s time that Cohen accepts the consequences of his criminal convictions,” said a federal judge, in rejecting former Trump attorney Michael Cohen’s request for early release from his three-year prison term.
PG&E, which supplies electricity and natural gas to 16 million people, admitted that its failure to maintain equipment was criminally negligent and caused the deaths of more than 80 people.
The Justice Department took its first antifraud action during the pandemic, filing suit against a website called coronavirusmedicalkit.com.
Offering a fake test for coronavirus “can actually kill somebody,” said Alex Quilici of YouMail. “This isn’t an annoyance. It’s become really dangerous.”
A federal prosecutor says the former House member thought he was “above the law.” Hunter’s father, also a former congressman, calls the case “a political hit job.”
Iceland’s economy was as badly shattered by the 2008 financial meltdown as the U.S. The decision to appoint Ólafur Hauksson, who had no experience in white-collar crimes, as Special Investigator, helped put 26 bankers in jail and showed that effective law enforcement can deter corporate wrongdoing, says a new paper.
As of January 2020, the number of white-collar offenders prosecuted on federal charges had dropped eight percent from the previous year, continuing a slide that began five years ago. That’s the lowest figure recorded since tracking began during the Reagan Administration, says the Transactional Records Access Clearinghouse.