White-Collar Crime

Trump administration will not ignore white collar crime: Justice official

NEW YORK (Reuters) - The Trump administration will be persistent in prosecuting white collar crimes despite giving a higher profile to tackling violent crime, a senior Justice Department official said on Thursday.<p>Since taking office, U.S. Attorney General Jeff Sessions has repeatedly said federal …

Crime

Former U.S. Attorney Bharara Speaks Up on Trump Firing and White Collar Crime

Preet Bharara, the former U.S. Attorney known as the "Sheriff of Wall Street," spoke publicly for the first time since his surprise firing by …

Donald Trump

Is the Trump administration ignoring white-collar crime?

Will President Trump's Justice Department lay off prosecuting white-collar criminals?<p>Nothing like that has been formally announced. But <i>Yahoo …

Fraud

Nats senator to cross floor on banks probe

Days after revealing his battle with Parkinson's disease, John "Wacka" Williams has vowed not to bow out of federal parliament a hypocrite.<p>The …

Banking

Why white-collar crooks may be cheering this Jeff Sessions memo

Late last week, President Donald Trump’s budget blueprint was released. Among many other headline-grabbing cuts—the EPA, Meals on Wheels, climate …

Government

Walt Green last of all 3 U.S Attorneys in Louisiana to announce resignation

With Monday's announcement that Baton Rouge-based U.S. Attorney Walt Green has resigned, all three Louisiana-based U.S. Attorneys have announced …

New Orleans

US loses focus on white-collar crime, lawyers say

Donald Trump often promises to crack down on violent criminals. But he has not had much to say about the crooks who batter bank accounts rather than …

Fraud

Diversion for Recklessly Cause Injury and Assault

This is a case of applying for diversion for Recklessly Cause Injury and Unlawful Assault.<p>Our client was charged with Recklessly Cause Injury and …

Crime

Miami tax fraudsters collected $2.3 million then, prison time now

The trio of Moscova, Obin and Muller pulled in over $2.3 million in tax refunds. You wouldn’t want to go to them for tax advice, however.<p>For one …

Identity Theft

It's Not Greed That Drives White-Collar Crime, Author Says

Support the news<p>Why do people with plenty of power and money end up committing fraud, embezzlement and other white-collar crimes?<p>That was the …

Crime

Senate inquiry to discuss white collar crime

Fraud, bribery and insider trading will be discussed at a senate inquiry into white collar crime held in Melbourne.<p>Public hearings for the senate …

Fraud

'FIFA' hackers guilty of 'mining' $16 million from EA

We tend to think of 'wire fraud' as a white collar crime perpetrated against a banking institution, but in a world with virtual currencies and online marketplace, the reality can be a bit more complex. Take the case of Anthony Clark, a 24-year-old man from Whittier, CA, who was found guilty of a …

Fraud

How Letting Bankers Off the Hook May Have Tipped the Election

There are many facets to the populist, anti-establishment anger that swept Donald J. Trump into the White House in Tuesday’s election. A crucial element fueling the rage, in my view, was this: Not one high-ranking executive at a major financial firm was held to account for the crisis of 2008.<p>As …

Government

Kenya's escalating white-collar crime situation is 'untenable'

Kenya is facing an increased amount of white-collar crime, a situation that’s “untenable,” attorney-general Githu Muigai said.<p>“An unprecedented …

Kenya

White-Collar Crime on Increase in Kenya as Hundreds Indicted - Bloomberg

Kenya is facing an increased amount of white-collar crime, a situation that’s “untenable,” Attorney-General Githu Muigai said.<p>“An unprecedented …

Corruption

Kenya Says It’s Seeing More Incidents of White-Collar Crimes - Bloomberg

Kenya is witnessing an increase in the amount of white-collar crime, a situation that’s “untenable,” its Attorney-General Githu Muigai said.<p>“An …

Crime

The Annoying Truth About White-Collar Crime

Crime—particularly violent crime—may be our national obsession. It dominates the news, it’s the subject of popular novels, and it’s all over television, from FX’s The People v. O.J. Simpson to HBO’s The Night Of to Netflix’s Making a Murderer.<p>Our attitude toward white-collar crime is a little …

Fraud

A financial adviser left me $640,000 in debt. Who’s talking for me at the bank review?

Victims of banking scandals are faceless and often blamed. Had we been able to appear at the bank review, we could have told of the devastation these scandals have caused in the lives of thousands of Australians<p>I recall, as a child, accompanying my mother to the bank with its polished wooden …

Business (UK)

Stephen Colbert blasts disgraced Wells Fargo CEO John Stumpf’s $200 million payday: “That’s how you teach white-collar crime does not pay”

Sen. Elizabeth Warren gave Stumpf an earful on Capitol Hill for his "gutless leadership" amid sham account scandal<p>“Late Show” host Stephen Colbert on Wednesday detailed the fallout at San Francisco-based bank Wells Fargo, which accrued $185 million in regulatory fines earlier this month after …

The Late Show

The Weed Industry Now Has Its Own White-Collar Crime

The weed industry is getting to know a time-honored tradition of the American business world: corporate fraud.<p>Federal prosecutors in Colorado last …

Fraud

Data Will Help To Track Illegal Employee Activity | Articles | Big Data

When Enron went Bankrupt in 2001, it was found that the company was defrauding customers at almost every level. Subprime mortgage lenders …

Big Data

White Collar Crime, Prosecutorial Discretion, and the Supreme Court

Does the Supreme Court still believe in prosecutorial discretion? A string of cases over the past few years has to make you wonder.<p>Prosecutorial …

Fraud

Australia 'a soft touch for white collar crime': Labor moves to relaunch foreign bribery inquiry

Labor will move to re-establish a Senate inquiry into corporate bribery following the "shocking allegations" of a Fairfax Media/ABC investigation …

Australia

Why Aren’t Any Bankers in Prison for Causing the Financial Crisis?

Sam Buell, the government’s lead prosecutor in the Enron scandal, explains why convicting white-collar criminals isn’t as straightforward as most people think it should be.<p>If hotheaded online commenters ran the Justice Department, would America's prisons be full of traders responsible for the …

Justice

Quoted: The Comfort-Zone Edition

“The classroom has to be the space where everybody comes and is uncomfortable,” <i>—Tressie McMillan Cottom, a sociology professor</i><p>“We thought this would be a way to help them … try to avoid interactions with large whales,” <i>—Mark Baumgartner, a marine ecologist, on placing a whale-tracking buoy in a</i> …

Higher Education

3 Famous White Collar Criminals (And How They Changed Everything)

When I say "millions of dollars" what's the first thing you think of? Is it Scrooge McDuck, hanging out in his vault/pool of gold coins, is it movie stars making a third movie in a series nobody wanted, or is it a career filled with wealth and opportunity that eventually ends in a prison cell? If …

Fraud

Why White Collar Crime Is Here to Stay - Bloomberg

Many who follow the depredations of large corporations share a feeling that U.S. criminal law and its enforcers too often fail to hold these …

Crime

Obsessing About The “Thin Blue Lines” While Elite White-Collar Crime Runs Rampant

The <i>New York Times</i> published a book review entitled “Thin Blue Lines.” The two books reviewed were about street crimes. Based solely on reading the <i>NYT</i> …

Fraud

NZ egalitarian? That's a pretty little lie

OPINION: Recent news on fraud prosecutions has put a spotlight on the kind of landed-gentry society New Zealand has become.<p>Tax evasion is 33 times …

Social Justice

White collar crime does pay- latest research

21 Jun 2016<p>From Checkpoint, 5:45 pm on 21 June 2016<p>Tax evasion costs the New Zealand economy thirty times more than benefit fraud.<p>To embed this …

New Zealand