Ex-SFO Chief Defends DPAs Despite Lack Of Convictions

Law360, London (May 13, 2021, 5:16 PM BST) -- Britain's former top fraud investigator has defended the Serious Fraud Office's use of deferred prosecution agreements to fine companies for criminal behavior, saying on Thursday that criticism of the U.S.-style settlements is unjustified despite the agency's continued failure to secure convictions.

Jet-engine maker Rolls-Royce is among the companies that have signed controversial deferred prosecution agreements with the Serious Fraud Office to avoid prosecution. (iStock) David Green said the white-collar crime agency, which he led from 2012 to 2018, "cannot be criticized" for using DPAs to resolve criminal allegations of complex fraud. The agreements, introduced in 2014, have generated £1.6 billion ($2.2...

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