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Why White-Collar Crime Is a Growth Industry

In a new book, Michigan criminologist Gregg Barak warns that the failure to effectively regulate multinational corporations allows corporate chicanery to flourish on a global scale.

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The Real Lessons of Bernie Madoff’s Crimes

The jailed Wall Street financier has been a poster symbol for the corruption and fraud that many believe led to the 2008 financial meltdown. But a new book by sociologist Colleen Eren argues that the real problem is the economic culture that allowed him to flourish.

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White Collar Crime: Why Top Execs Escape Prosecution

Financial journalist Jesse Eisinger argues in a new book that federal agencies like the Department of Justice and the Securities and Exchange Commission are “broken” systems that allow corporate bosses to evade the criminal consequences of wrongdoing. He explains why in a conversation with TCR.

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LA Noir: The Strange Case of the Sheriffs’ Missing Helicopter Engines

Misconduct at the Los Angeles Sheriff’s Department has earned some of its top officers, including Sheriff Lee Baca, criminal convictions. Now, an investigation by WitnessLA into a fleet of Sea King helicopters loaned under a controversial Defense Department program raises questions of high-level fraud.

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Houston Grand Jury Indicts Videographers In Planned Parenthood Probe

A grand jury investigating whether a Houston Planned Parenthood clinic sold the organs of aborted fetuses cleared the clinic and instead indicted the undercover videographers behind the allegations, surprising the officials who called for the probe and delighting supporters of the women’s health organization, the Houston Chronicle reports. The Harris County grand jury indicted David Daleiden and Sandra Merritt, both of California, on charges of tampering with a governmental record, a felony with a possible sentence of up to 20 […]

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How Did Petraeus Avoid Prison In Case Of Leaking Government Secrets?

How did David Petraeus, the ­storied wartime general and former CIA director, avoid prison for lying to the FBI and violating the Espionage Act? The Washington Post tells the inside story. Not everyone at the U.S. Justice Department shared the prosecutors' confidence in the case, and lawyers for Petraeus and his mistress, Paula Broadwell, separately pushed back hard, saying they would fight and beat the charges being considered. With its mix of sex and government secrets, a trial promised to […]

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Koch Backing For Justice Reform Rooted In Environmental Case

The conservative Koch brothers’ financial investment in criminal justice reform is reviewed by New Yorker writer Jane Mayer, who has just published a book on the Kochs. Mark Holden of Koch Industries, who has overseen Koch Industries' criminal-justice-reform work, acknowledges that the brothers were motivated to give money to the National Association of Criminal Defense Lawyers in 2004 after being prosecuted for environmental crimes. A federal case against the company, says Holden, “was a huge overreach, a grave injustice,” adding, […]

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High Court To Hear Ex-Gov. McDonnell’s Case On Gifts To Politicians

The Supreme Court agreed to review former Virginia Gov. Robert McDonnell’s conviction of corruption for his efforts on behalf of a businessman who bestowed money and gifts on the governor and his family, the Washington Post reports. The case gives the justices a fresh opportunity to define what kind of political conduct crosses the line into criminal behavior. McDonnell's attorneys told the court that if his “routine political courtesies” to businessman Jonnie Williams Sr. could be construed as felonies, it […]

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Goldman Sachs To Pay $5 Billion In Mortgage-Backed Securities Case

Goldman Sachs will pay about $5 billion to resolve state and federal investigations into its handling of mortgage-backed securities in the years leading up to the 2008 financial crisis, NPR reports. The agreement will settle “actual and potential civil claims” by the U.S. Justice Department and the attorneys general of New York and Illinois, as well as the Federal Home Loan Banks of Chicago and Seattle and the National Credit Union Administration. The firm will pay a civil penalty of […]