White Collar

  • March 1, 2017

    Ex-PSU Admins Lose Appeal Bid In Sandusky Endangerment Row

    A trio of former Penn State University administrators will not be able to appeal child endangerment charges they’re facing stemming from the Jerry Sandusky sex scandal before going to trial later this month.

  • March 1, 2017

    BREAKING: Former NFL Player Gets 6 Years For Ponzi Scheme

    Former NFL player Will D. Allen was sentenced to six years in prison Wednesday for his role in a Ponzi scheme that targeted investors with bogus or oversubscribed loans to professional athletes.

  • February 28, 2017

    Feds Say UN Bribery Suspect Started 'Interrogation'

    Prosecutors on Tuesday told a New York federal judge in a bribery suit against billionaire real estate developer Ng Lap Seng that he should not grant Ng's motion to suppress statements he'd made to the FBI, saying Ng initiated the interview he is now calling an interrogation.

  • February 28, 2017

    HHS Asks Justices Not To Review Medicare Billing Suit

    The government has urged the U.S. Supreme Court to reject a bid for review of a determination that a Florida ophthalmology clinic connected to criminal charges against U.S. Sen. Robert Menendez, D-N.J., overbilled Medicare by nearly $9 million by extracting multiple doses of a macular degeneration drug from a single-dose vial.

  • February 28, 2017

    16 Texans Charged In $60M Medicare Fraud Scheme

    Sixteen Texas residents were charged with participating in a $60 million Medicare fraud scheme that involved improperly putting patients into hospice care and giving some of them unnecessary doses of morphine and other drugs, the U.S. Department of Justice announced Tuesday.

  • February 28, 2017

    Merrill Lynch Faces Class Claims Over Customer Cash Use

    Bank of America Corp.’s wealth management unit was hit Tuesday with a proposed class action over complex trades that allowed the firm to use customer money for its own trading, months after it paid $415 million and admitted to wrongdoing over the activities.

  • February 28, 2017

    Cos. Linked To $7.4M Chilean Fraud Need US Receiver: Judge

    A federal magistrate judge in Florida recommended on Tuesday that a group of companies linked to a Chilean fugitive that U.S. securities regulators say bilked investors out of $7.4 million should be put in the hands of a receiver, but one whose remit is limited to U.S. assets to avoid conflicts with a Chilean liquidator.

  • February 28, 2017

    BMO Released From Money Laundering Enforcement Action

    The Federal Reserve on Tuesday announced that it has concluded an enforcement action launched against the Bank of Montreal in 2013 over methods for detecting and preventing money laundering in the Canadian bank's Chicago branch.

  • February 28, 2017

    Dewey's DiCarmine Gets Star Witness's Plea Docs

    Lawyers for former Dewey & LeBoeuf LLP executive Stephen DiCarmine got their hands on documents surrounding the plea deal of the government's star witness, the firm's former finance director, as the second Dewey fraud trial remained paused Tuesday.

  • February 28, 2017

    Former Exec. Gets 11 Years For $50M Russia Export Scam

    A former director of the now-defunct Arc Electronics was sentenced Monday in New York federal court to more than 11 years in prison for his role in a conspiracy to covertly export more than $50 million worth of sensitive and regulated microelectronics to Russia for use by its military and intelligence agencies.

  • February 28, 2017

    Ex-Lawyer's $70M Liability To Citigroup Concerns 2nd Circ.

    The Second Circuit expressed frustration Tuesday over a $70 million restitution tab slapped on Ephraim Frenkel, the former lawyer who helped fraudster Mark Stern secure $126 million from Citigroup for a bogus mall deal, with one judge asking if saddling such a sum on a man who can never repay it makes the government look foolish.

  • February 28, 2017

    8th Circ. Affirms Subway Franchise Fraudster's Forfeiture

    The Eighth Circuit on Tuesday upheld a district court’s second shot at a forfeiture order against a man who pled guilty to soliciting investments in a nonexistent Subway sandwich franchise, finding that the lower court’s do-over properly linked money laundering charges to the taken properties.

  • February 28, 2017

    5th Circ. Upholds Conviction For $19.6M Disney Park Fraud

    The Fifth Circuit has affirmed the conviction of a man who duped investors out of $19.6 million with lies that Walt Disney Co. was building theme parks, hotels and more in Texas, saying evidence that he faked his relationship with an alleged information source was properly admitted.

  • February 28, 2017

    Samsung Heir, Others Charged In South Korea Bribes Probe

    Samsung Group head Lee Jae-yong and other executives within the conglomerate were charged Tuesday with bribery, media reports said, the latest turn in a sprawling corruption investigation with South Korea’s president at its center.

  • February 28, 2017

    Revolving-Door Roundup: Debevoise, Sidley, White & Case

    The expected post-inauguration exodus from government enforcement has begun, bringing U.S. Securities and Exchange Commission Chair Mary Jo White and the agency's enforcement chief back to Debevoise & Plimpton LLP and an influx of talent to more than a dozen other firms.

  • February 28, 2017

    Sessions Shrugs Off Concerns About Immigration Crackdown

    U.S. Attorney General Jeff Sessions on Tuesday refused to assuage concerns that the Trump administration’s immigration crackdown has discouraged law-abiding undocumented immigrants from cooperating with police for fear of being turned over to immigration authorities.

  • February 27, 2017

    Coin.mx Witness Tells Jury Pastor 'Wanted Out' Of Bank Biz

    A cooperating witness told Manhattan jurors Monday that he agreed to help Coin.mx operator Anthony Murgio take over a small New Jersey credit union after Murgio told him he had found a New Jersey pastor, defendant Trevon Gross, who was ready to exit the banking business for a price.

  • February 27, 2017

    Victim Negligence Is No Wire Fraud Defense, 9th Circ. Says

    The Ninth Circuit on Monday largely affirmed the conviction and sentence of a former mortgage loan officer and real estate broker for an elaborate mortgage fraud scheme, finding that a victim's negligence is not an allowable defense to wire fraud.

  • February 27, 2017

    FinCEN Says No Proof It Hid Report In Tanzanian Bank Row

    The Financial Crimes Enforcement Network pushed back in D.C. federal court Friday against a bid by a Tanzanian bank seeking to undo a rule effectively excluding it from the U.S. financial system over money laundering allegations, rejecting the bank’s claims that it relied on undisclosed information to make the rule.

  • February 27, 2017

    Ill. Court Employee Gets 3 Years' Probation For Lying

    A former Cook County Clerk employee indicted for lying to a federal grand jury received three years' probation in Illinois federal court on Monday — a much lighter sentence than both the government’s recommendation and sentencing guidelines for lying under oath about allegations of pay-to-play hiring.

Expert Analysis

  • How 401(k) Benefits Can Attract Millennial Legal Talent

    Nathan Fisher

    If today’s law firms are willing to rethink their perceptions of millennials, they may see greater success in attracting and retaining new talent by giving the younger generation the kind of retirement planning benefits they want and need, says Nathan Fisher of Fisher Investments.

  • GC Whistleblowing And Other Implications From Bio-Rad

    Matthew Solomon

    Many aspects of the whistleblower retaliation case against Bio-Rad Laboratories brought by former general counsel Sanford Wadler — including Wadler’s sizeable recovery and a series of plaintiff-friendly decisions — bring to the forefront significant issues relevant to public companies, directors and other corporate stakeholders, say attorneys with Cleary Gottlieb Steen & Hamilton LLP.

  • How The Courts Review Executive Orders

    Steven D. Gordon

    The cases challenging President Donald Trump’s executive orders fit within the established legal framework that limits, but does not preclude, judicial review of such orders, says Steven Gordon of Holland & Knight LLP.

  • What Lawyers Can Learn From Kellyanne Conway

    Michelle Samuels

    Presidential adviser Kellyanne Conway's TV appearances provide some examples of what lawyers should and shouldn't do when speaking to the media, says Michelle Samuels, a vice president of public relations at Jaffe.

  • Gorsuch's Judicial Tools For Fixing Overcriminalization

    John F. Lauro

    For those who are concerned about overcriminalization, President Donald Trump could not have selected a better U.S. Supreme Court nominee than Judge Neil Gorsuch. Three opinions reveal how he addresses this problem, says John Lauro, founder of the Lauro Law Firm and a former federal prosecutor.

  • Challenging Emoluments Clause Violations As A Conspiracy

    Randall Eliason

    I’m not confident that trying to hold the Trump Organization liable for President Donald Trump’s own constitutional violations will work. But there might be other legal theories under which a state attorney general could argue that Trump-owned companies act unlawfully when they receive emoluments. Consider a core white collar criminal statute — conspiracy to defraud the U.S., says Randall Eliason, a former federal prosecutor.

  • The Mistakes Lawyers Make When Copying And Pasting

    Robert D. Lang

    We all recognize that cutting or copying text from earlier works and pasting it into new documents saves attorneys time. However, with this increase in speed comes an increased risk of making, or not catching, errors, says Robert Lang of D’Amato & Lynch LLP.

  • DOJ Investigations: Is Sharing Unavoidably Hazardous?

    Andrew T. Wise

    The U.S. Department of Justice’s focus on individual culpability and accompanying benchmarks for corporate cooperation have changed considerations for companies exposed to prosecution due to acts of their employees. But companies can, and should, still ensure that their employees are properly protected and adequately advised in advance of interactions with enforcement officials, say Andrew Wise and Katherine Pappas with Miller & Chevalier Chtd.

  • Opinion

    Calif. Court Gets Automatic Funding Disclosure Right

    Matthew D. Harrison

    Detractors of litigation funding have strained to characterize a recent decision from a California federal court as significant headway in their crusade against the litigation funding industry. However, in truth, this is a victory for both the industry and those in need of capital to bring meritorious claims against wrongdoers in an often prohibitively expensive legal system, say Matthew Harrison and Priya G. Pai of Bentham IMF.

  • A Look At DOJ's New Guidance On Compliance Programs

    Alison Tanchyk

    New guidance from the U.S. Department of Justice's Fraud Section puts chief compliance officers on notice about how the adequacy of their companies’ compliance programs is evaluated by prosecutors, say attorneys with Morgan Lewis & Bockius LLP.