Prosecutors Say Budget Woes Imperil NY Criminal Recoveries

Law360, New York (December 2, 2013, 3:37 PM EST) -- A top New York federal prosecutor warned Monday that her district's outsized $902 million criminal recovery haul from 2013 — from fraud cases and other matters — will be put in jeopardy next year if Congress doesn't find a way to help courts and law enforcement pay for personnel.

So far, according to Loretta E. Lynch, the U.S. attorney for the Eastern District of New York, her office has tried to hold the line on personnel during sequestration by paying workers from other buckets of money...
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.