The Crime Report (https://thecrimereport.org/category/white-collar-crime/)
Federal prosecutions of importers for fraud increased by 900 percent between 2000 and 2016, according to a study in the Oregon Review of International Law. But the government has barely scratched the surface of criminal activity that has cost millions of dollars in lost revenue and endangered the health of Americans, say the authors.
The center, piloted by one of the nation’s leading police think tanks, will explore how police and other first responders can improve their ability to handle mass violence incidents like terror attacks and school shootings.
More than 1.3 million pieces of potential evidence seized from President Trump’s personal lawyer and fixer Michael Cohen earlier this year were turned over to federal prosecutors Monday. Cohen, in an interview with ABC News, appeared to distance himself from the president.
Among those charged, 162 defendants, including 76 doctors, were charged for their roles in prescribing and distributing opioids and dangerous narcotics. Those charged were accused of cheating federal health programs, including Medicare and Medicaid, through false billing practices.
Theranos Inc. founder Elizabeth Holmes and the blood-testing company’s former No. 2 executive, Ramesh “Sunny” Balwani, were chargedwith defrauding investors, doctors and patients. The Wall Street Journal exposed the crimes.
A sophisticated email scam has targeted U.S. businesses and cost them hundreds of millions of dollars this year alone. In a sweep called Operation Wire Wire, the FBI targeted an alleged West African organized crime ring.
With state legislators considering his impeachment, Missouri Gov. Eric Greitens said he would quit on Friday. A judge on Tuesday allowed subpoenas issued by lawmakers investigating Greitens to go forward.
A white-collar defense attorney explains how “pro-active” engagement with prosecutors has helped his clients avoid going to trial or at least present evidence that could change a case’s outcome. He calls it “trying a case in a prosecutor’s office.”
The indictment of Martin Winterkorn, who resigned shortly after the emissions scandal erupted in September 2015, significantly raises the stakes for Volkswagen. The charges contradict the German carmaker’s insistence that no members of its management were involved in the fraud.
The fine involving claims of misconduct in the firm’s auto and mortgage lending businesses is the largest against a bank so far in the Trump administration and a signal that while officials are working to ease regulatory rules, they won’t let companies off the hook for misconduct.