White Collar

  • March 15, 2018

    Ex-Deutsche Bank Trader Pleads Guilty To Rigging Euribor

    Ex-Deutsche Bank AG trader Christian Bittar has pled guilty to rigging a key European interest rate benchmark ahead of a trial scheduled for April, Britain’s Serious Fraud Office said Thursday.

  • March 14, 2018

    Venezuela's Oil Co. Can't Copy Bribery Defendants' Docs

    The Florida federal judge overseeing Venezuela’s state-owned oil company PDVSA’s suit over an alleged bribery scheme said Wednesday he would modify a temporary restraining order to prohibit all defendants from destroying any records related to business with it, but stopped short of granting the oil company’s request to immediately access defendants’ servers and documents.

  • March 14, 2018

    Ex-Atty Thought Wife He Shot Had More Cash, Jury Told

    A former Fisher Phillips partner who prosecutors say shot and killed his wife to salvage a dire financial situation that included owing her hundreds of thousands of dollars was "surprised" there was only $400,000 in her checking accounts, the woman's longtime personal assistant testified Wednesday.

  • March 14, 2018

    Delaware Atty Disciplined Over Sexual, Religious Missives

    A Delaware defense attorney was publicly reprimanded Wednesday and ordered to take a course in professionalism by the state Supreme Court after he sent communications to prosecutors referencing him exposing his "thing" in a box, among other sexual comments, and his suspicions that one of the prosecutors was Jewish.

  • March 14, 2018

    Feds Fight Narrow Definition Of Extortion In City Hall Row

    Prosecutors trying to convict a pair of Boston City Hall aides accused of extortion told a Massachusetts federal judge Wednesday that his definition of the word is so narrow, it could make it tougher to prosecute cases against mafia soldiers or corrupt politicians under the Hobbs Act.

  • March 14, 2018

    GWB Figure Tells 3rd Circ. Revenge Plot Wasn't A Crime

    An alleged scheme to reduce local access lanes to the George Washington Bridge as a form of political revenge was not a crime, a former Port Authority of New York and New Jersey executive said Wednesday in urging the Third Circuit to throw out his conviction in the scandal.

  • March 14, 2018

    3rd Circ. Junks Bank Fraudster's 10-Year Prison Sentence

    The Third Circuit threw out the 10½-year prison sentence Wednesday of a convicted bank fraudster after rejecting a trial judge’s conclusion that the man had been on parole for an unrelated crime at the time he joined the conspiracy.

  • March 14, 2018

    Fed Orders ICBC To Tighten Anti-Money Laundering Checks

    The Federal Reserve has ordered the Industrial and Commercial Bank of China Ltd. to reform its anti-money laundering protections after finding “significant deficiencies” during its most recent examination of the bank’s New York branch, the regulator announced Tuesday.

  • March 14, 2018

    Rights Groups Say CLOUD Act Tramples Civil Liberties

    The National Association of Criminal Defense Lawyers, the American Civil Liberties Union and others are calling on Congress to block legislation meant to facilitate cross-border data requests by law enforcement, saying the measure would torpedo U.S. residents’ Fourth Amendment rights.

  • March 14, 2018

    Would-Be Arms Dealer Gets 25 Years For Iran Missile Ploy

    A former electrical engineer convicted of trying to sell surface-to-air missiles and military aircraft parts to the Iranian government was sentenced Wednesday to 25 years in prison, despite his claims he was actually trying to expose the regime as a violator of international law.

  • March 14, 2018

    Jay Peak Receiver Seeks OK On $1.5M Deal With Contractor

    The court-appointed receiver for the failed Jay Peak EB-5 project asked a Florida federal judge Tuesday to approve a $1.5 million settlement agreement with contractor PeakCM LLC, which represents a discount from the company's initial $2.75 million in claims.

  • March 14, 2018

    Consumer Advocates Urge Scrutiny Of Antitrust Exemptions

    U.S. lawmakers should seek ways to peel away exemptions from U.S. antitrust laws and apply a skeptical view toward future requests for such exemptions, said consumer advocates, attorneys, business associations and free market groups at a D.C. roundtable on Wednesday.

  • March 14, 2018

    Ex-NJ Federal Prosecutor Returns To Kramer Levin

    A former high-ranking New Jersey federal prosecutor and recent Mayer Brown LLP partner is returning to Kramer Levin Naftalis & Frankel LLP as a partner in its white collar defense and investigations practice, the firm announced Wednesday.

  • March 14, 2018

    Texas Atty Can Sue Defense Counsel Over Forged Will Case

    A Texas appellate court on Wednesday revived a legal malpractice claim brought by an attorney convicted for forging a client’s will, ruling a subsequent lifting of the criminal charge gave her the leeway to sue her former criminal defense attorney for ineffective assistance of counsel.

  • March 14, 2018

    CPA Claims Prosecutor Leaked Tax Data Seized In Raid

    A California CPA seeks $700,000 in punitive damages, alleging the Justice Department violated his privacy rights and those of hundreds of taxpayers by illegally copying a hard drive seized in a raid of a dietary supplement company and leaking its contents to the public, according to a complaint filed Wednesday.

  • March 14, 2018

    Ex-Samsung Exec Can't Shake Prison Over Atty Error Claims

    A former Samsung America Inc. executive lost his bid to escape a six-year-plus prison term for embezzling about $1.6 million from the company after a New Jersey federal judge on Tuesday rejected claims that his former attorney was ineffective for not consulting with him about a possible appeal.

  • March 14, 2018

    115 Face Felony Charges In $5M Fla. Food Stamp Investigation

    More than 100 individuals in the Jacksonville, Florida, area have been charged with felonies for their involvement in a $5 million food stamp trafficking scheme, state Attorney General Pam Bondi announced Tuesday.

  • March 14, 2018

    Former Equifax Exec Indicted For Insider Trading

    Civil and criminal charges have been filed against a former Equifax executive accused of selling off shares before the public was informed of the company’s massive data breach, the U.S. Securities and Exchange Commission and U.S. Department of Justice announced Wednesday.

  • March 13, 2018

    Ex-UAW Official Charged In Fiat Chrysler Payoff Scheme

    A former United Auto Workers official has been charged in Michigan federal court for participating in a scheme in which Fiat Chrysler Automotive US LLC executives allegedly diverted millions of dollars earmarked for a worker training center to pay off union executives in cash and gifts.

  • March 13, 2018

    NJ Hedge Fund Owner Aims To Sink $4M Fraud Convictions

    A hedge fund owner urged a New Jersey federal court Monday to toss his convictions last month on charges of duping two investors into giving him about $4 million, saying the trial evidence was insufficient to prove he acted with an intent to defraud.

Expert Analysis

  • Opinion

    From Cowboy Boots To Wingtips: Prosecutions Gone Awry

    John Banks Brooks

    What do a cattle rancher, an attorney, a financier and a professional sports bettor have in common? All have been subject to recent abuses of power by prosecutors and law enforcement officials. Violating defendants’ rights with shady tactics and leaks undermines our justice system, says communications consultant John Banks Brooks.

  • Why Machine Learning Should Matter To Lawyers

    Dan Puterbaugh

    Legal leaders who want to meet their clients' expanding expectations should start moving their documents to future-ready document management solutions now if they want to stay competitive in the next few years, says Dan Puterbaugh of Adobe Systems Inc.

  • Time To Re-Evaluate Anti-Money Laundering Compliance

    Richard Alexander

    With numerous criminal and regulatory penalties recently levied against financial institutions for deficiencies in their Bank Secrecy Act and anti-money laundering programs, the government has signaled that AML enforcement remains a top priority, say attorneys with Arnold & Porter.

  • March Madness: Universities Must Prepare For NCAA Inquiries

    Jodi L. Avergun

    With the NCAA Committee on Enforcement circling and preparing to swoop in as soon as the Southern District of New York concludes the fact-finding stage of its investigation, a proactive approach by universities and their general counsels can help calm a crisis in college basketball, say attorneys with Cadwalader Wickersham & Taft LLP.

  • What The DOJ Cyber Task Force Can Do

    Megan Brown

    While history is littered with reports and whitepapers that do not inspire change, there is an opportunity for the U.S. Department of Justice's new Cyber-Digital Task Force to have an impact, say attorneys with Wiley Rein LLP.

  • Cryptocurrencies: Money, Securities Or Other Property?

    Leland Jones

    While newer forms of commercial crime policies specifically address cryptocurrency losses, there may be debate whether cryptocurrencies are "money," "securities" or "other property" under traditional crime forms. The argument will possibly focus on the "security" definition, say attorneys with Wiley Rein LLP.

  • Nontraditional Health Care Programs Under The Microscope

    Paul Cirel

    Sponsored health care programs have expanded the scope of available services to include "providers" who do not offer direct medical care, but who facilitate or coordinate the provision of services by physicians and other more traditional caregivers. Difficulties in determining how to monitor these newer provider types may have kept them off the government's fraud and abuse radar for a while, but not anymore, says Paul Cirel of Todd & Weld LLP.

  • 5th Circ. Adds To Split On Review Of Jury Instruction Errors

    Andrew Goldsmith

    Several circuits have taken different approaches on how to assess the prejudice caused by erroneous jury instructions on a criminal defendant’s principal trial theory when the defendant challenges the instructions for the first time on appeal. The latest decision is from the Fifth Circuit, in U.S. v. Fairley, says Andrew Goldsmith of Kellogg Hansen Todd Figel & Frederick PLLC.

  • A Review Of Cross-Border Investigations In 2017: Part 2

    Sunil Gadhia

    Global authorities are taking an increasingly coordinated approach toward the investigation and prosecution of economic misconduct. Further significant developments in 2018 will likely refine the manner in which such investigations are approached, say attorneys with Cleary Gottlieb Steen & Hamilton LLP.

  • A Review Of Cross-Border Investigations In 2017: Part 1

    Sunil Gadhia

    A number of significant corporate resolutions were reached in 2017, which have provided guidance on the level of cooperation expected by criminal and civil authorities, primarily in Europe. Meanwhile, the divergent approaches to legal privilege taken by courts in different jurisdictions provide significant challenges to those conducting cross-border internal investigations, say attorneys with Cleary Gottlieb Steen & Hamilton LLP.