Asset Freeze Bids Surge In Post-Madoff Era

Law360, New York (October 5, 2010, 5:53 PM EDT) -- With the recent rash of high-profile cases ramping up the pressure on the U.S. government to recover funds for duped investors, prosecutors are becoming increasingly aggressive in their efforts to freeze the assets of white collar defendants before going to trial, attorneys say, even if it means leaving the accused with no money to defend themselves.

The big-ticket white collar cases against Bernard L. Madoff and Allen Stanford — which put the government under intense public glare — have made prosecutors leery of criticism and eager...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.