The Crime Report (https://thecrimereport.org/category/white-collar-crime/)
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.
A federal lawsuit charged Armstrong with defrauding the U.S. Postal Service, which sponsored his athletic team, by using performance-enhancing drugs en route to his record victories at the Tour de France,
After Missouri’s attorney general accuses Gov. Eric Greitens of commiting a felony, leaders in Missouri’s GOP-controlled House issued a stinging rebuke of Greitens and called on the state’s chief executive to resign as scandals continue to consume his administration.
The president granted a pardon on Friday to Libby, former chief of staff to Vice President Dick Cheney, for lying to the FBI and obstruction of justice in the probe of the leak involving former CIA operative Valerie Plame. Libby already had his 30-month prison term commuted by President George W. Bush.
The president calls it a “disgraceful situation … I have this witch hunt constantly going on.” An expert called the search warrants requested by special counsel Robert Mueller “an incredibly aggressive move.”
The number of white collar crime prosecutions has fallen below 6,000 per year for the first time in two decades. The total is down 47 percent compared to 2011, the high mark during the Obama administration.
A Texas woman on probation said she had no idea that she was breaking the law by voting, and got a five-year prison term. Critics say that restrictions on felons’ voting rights keep away eligible voters.
John Schooley, a designer of a Kansas water park slide that decapitated a 10-year-old boy, has been arrested in Texas. A grand jury indicted Schooley and a co-defendant for ignoring industry standards when they built the world’s tallest water slide.
Former U.S. Department of Justice lawyer Jeffrey Wertkin is sentenced to 30 months in prison after pleading guilty to stealing sealed whistleblower lawsuits and attempting to sell them to defendants for cash. DOJ calls the crimes a “staggering abuse of his public position.”
Nashville Mayor Megan Barry resigned in a sex scandal with her former head of security. Barry pleaded guilty to felony theft over $10,000, while the former security chief, Rob Forrest, pleaded guilty to property theft. Both were put on probation for three years.