White Collar Law360 provides breaking news and analysis on corporate crime and enforcement. Coverage includes criminal cases against companies, executives and employees, public officials, lawyers, and law firms, as well as related civil litigation and policy developments.
Attorney General Jeff Sessions fired former FBI Deputy Director Andrew McCabe late Friday night, roughly a day before McCabe was set to retire, because he said an internal report found the longtime Trump target made an unauthorized disclosure to the news media and lacked candor under oath multiple times.
A Massachusetts federal judge denied bids by two alleged former promoters of TelexFree LLC to escape a U.S. Securities and Exchange Commission lawsuit on Friday, saying the government had identified specific statements both had made to members of the state’s Dominican community urging them to invest in a company authorities have called a $340 million pyramid scheme.
A northern Virginia church member who admitted to helping her pastor and his wife run what federal prosecutors have alleged was an investment fraud disguised as an empowering, internationally oriented microlending firm was sentenced Friday in Alexandria federal court to serve 30 months in prison.
The owner of a company that helps employers provide legal services for their employees was charged with wire fraud in Pennsylvania federal court Friday for allegedly falsifying the company’s financial health to coax a $30 million line of credit out of potential lenders.
New York Gov. Andrew Cuomo’s former aide Joseph Percoco took a blow recently in one of the first trials to produce a bribery conviction post-McDonnell, but its impact on public corruption cases will depend on whether such jury verdicts can pass muster before more discerning appeals courts.