New York federal prosecutors have charged two sons of former Panamanian President Ricardo Martinelli over their alleged roles in a massive bribery and money laundering scheme tied to Brazilian conglomerate Odebrecht SA.
The Financial Crimes Enforcement Network warned financial institutions Tuesday about two forms of consumer fraud that have proliferated during the COVID-19 pandemic, issuing an advisory with tips for detecting impostor scams and money mule schemes.
The United States has urged the Ninth Circuit to uphold a lower court's finding that a tract of disputed Washington state land is part of the Yakama Tribe's reservation, going against the position of Washington's Klickitat County.
The U.S. Securities and Exchange Commission on Monday announced a judgment against Rabbi Zvi Feiner and his two companies for allegedly conning at least 62 investors in Chicago's Orthodox Jewish community out of more than $10 million, including $1 million from an 86-year-old Holocaust survivor.
A federal judge in Massachusetts on Tuesday shot down a bid to invalidate the arrests of a Green Beret and his son who face extradition to Japan for allegedly helping Carlos Ghosn escape the country while on bail over criminal financial misconduct charges.
A former JPMorgan trader's conviction for scheming with the competition to fix prices in the foreign currency market remains intact after a Manhattan federal judge said the evidence at trial was more than enough to support the verdict.
New York state's financial regulator said Tuesday it fined Deutsche Bank $150 million for failing to appropriately manage its dealings with alleged bad actors including millionaire sex offender Jeffrey Epstein, who died in federal custody.
The Sixth Circuit on Monday said a Michigan federal judge can't require General Motors' CEO to negotiate an end to the automaker's claims that Fiat Chrysler bribed union officials in a scheme that disadvantaged rival carmakers, although the court also rejected GM's request to reassign the case to another judge.
Roger Stone told a D.C. federal appeals court on Monday that a lower court hadn't properly considered the longtime conservative operative's susceptibility to COVID-19 when ordering him to report to prison in a matter of weeks, rather than months, as he'd requested.
The former chief of the securities and commodities fraud task force at the Manhattan U.S. attorney's office has moved from Milbank to Akin Gump to continue her high-level white collar defense practice, Akin Gump said Monday.
Defendants in a U.S. Securities and Exchange Commission suit over an alleged $30 million Ponzi scheme told a Florida federal court Monday that a receiver for companies involved in the case is holding up their settlement with the government, but the receiver said he is just trying to do his job.
A conservative operative once linked to a Russian agent who made headlines for her high-profile arrest was sentenced Monday in South Dakota federal court to seven years in prison after he pleaded guilty to wire fraud and money laundering.
A California federal jury trial for a Russian man whom the U.S. government accuses of breaching LinkedIn and Dropbox resumed Monday in San Francisco after a nearly four-month hiatus prompted by COVID-19 concerns, making it the first jury trial in the Northern District of California since the pandemic began.
A New York federal court should toss a malpractice suit against an Empire State-based law firm, as its former client fails to establish that the attorneys botched an underlying case involving stolen artwork, the firm argued Monday.
A California federal judge on Monday narrowed an ERISA class action claiming a government contractor's workers were shorted through an unfair stock sale to an employee ownership plan, although she largely denied the bids for wins before a trial in the case.
Federal prosecutors in New Jersey, Virginia and Maryland on Monday charged 14 people with operating a bank fraud scheme over two years in six states, claiming they pilfered millions of dollars from fraudulent accounts created by sham businesses.
U.S. enforcement authorities' guide to the Foreign Corrupt Practices Act recently got a revamp for the first time in eight years to reflect a plethora of recent policies and changes in the law.
A former Cowen and Co. LLC banker said Monday that he was fired after raising concerns about the company's prospective business relationship with a Russian oligarch rumored to be involved in money laundering and arms dealing, according to a suit filed in New York federal court.
Georgia-based attorneys, accountants and appraisers conspired to defraud hundreds, if not thousands, of individual investors by marketing syndicated conservation easement schemes they knew wouldn't pass muster with the IRS, according to a lawsuit filed in federal court.
A convicted tax fraudster failed to convince the Sixth Circuit that a lower court wrongfully declared his illegal tax return scheme "sophisticated," according to a opinion on Monday that upheld his 13-year sentence.
"Varsity Blues" prosecutors won't have to answer why a FaceTime call between a parent charged in the case and the scheme's mastermind was not recorded or memorialized, a federal judge said Monday in an order that also denied the parent's request to reconsider his motion to dismiss.
The California federal judge overseeing Michael Avenatti's December embezzlement trial extended his temporary release from a Manhattan prison following his conviction for extorting Nike, giving him 60 more days of freedom Monday despite federal prosecutors' concerns that the embattled attorney violated bail conditions.
British socialite Ghislaine Maxwell awaited a bail hearing from a Brooklyn, New York, jail cell Monday after her arrest in New Hampshire on charges of helping deceased financier Jeffrey Epstein sexually abuse minor girls.
A New Jersey federal judge on Monday ordered the government to return nearly $25,000 in penalties to the admitted mastermind behind the notorious Bridgegate scheme after the jurist threw out his conviction in the wake of a U.S. Supreme Court ruling nixing the convictions of his alleged co-conspirators.
We're pleased to announce Law360's Rising Stars for 2020, our list of 176 attorneys under 40 whose legal accomplishments transcend their age.
Recent allegations that several U.S. senators traded on confidential COVID-19 briefings resemble traditional insider trading claims, but prosecuting violations under the Stop Trading on Congressional Knowledge Act presents at least two existential challenges due to the nature of legislative work, say attorneys at Covington.
Despite their informal nature, congressional inquiries regarding CARES Act implementation should not be taken lightly as these requests may be precursors to more formal and invasive investigations, say attorneys at Baker Donelson.
While few courts have addressed the attorney-client privilege or work-product doctrine in the context of online collaboration tools, existing case law supports five best practices as organizations increasingly use these tools in the COVID-19 era, say Christopher Campbell and Marcus Sandifer at DLA Piper.
Court decisions from the last few months suggest that failure to preserve or produce surveillance video does not automatically result in a negative inference or other sanction, but there are practice pointers that can be distilled, say Donna Fisher and Matthew Hamilton at Pepper Hamilton.
With expanded remote work practices, it is now more important than ever for companies to implement data retention policies that address ephemeral messaging platforms such as Snapchat and WhatsApp, as this technology may be used to facilitate unlawful conduct and spoliation of evidence, say attorneys at K&L Gates.
Even before the pandemic, troubling data about mental distress among lawyers pointed to a profession in crisis, but addressing the challenge requires a better understanding of the causes, says Jonathan Prokup at Cigna Corp.
SK Engineering & Construction's recent guilty plea, culminating the U.S. Department of Justice's investigation of a multimillion-dollar scheme to defraud the U.S. Army, signals the DOJ's renewed focus on prosecuting government procurement fraud through its Market Integrity and Major Frauds Unit, say attorneys at Quarles & Brady.
While many financial institutions are already stretched thin navigating the small business loan programs under the CARES Act, their compliance load has grown further as the Financial Crimes Enforcement Network essentially deputized banks to detect fraud schemes connected to the COVID-19 pandemic, say Jennifer Achilles and Alejo Cabranes at Reed Smith.
The U.S. Department of Justice's recently amended corporate compliance guidance is valuable because it elucidates enhanced access to data, resource allocation, improved training, corporate benchmarking and consideration of foreign laws, say John Cunningham and Kody Sparks at Buchanan Ingersoll.
The Ninth Circuit's certification order last week in Fast Trak v. Sax presents an important opportunity for the New York high court to affirm the consensus among courts — litigation finance transactions are not loans subject to usury laws, say Wendie Childress and William Marra at Validity Finance.
Trial attorneys who have a tough time preparing witnesses, especially for cross-examination, should think about the four stages of competence and how they apply to people called upon to testify under oath, says Jeff Dougherty at Litigation IQ.
Directors and officers of private companies — especially startups preparing for their initial public offering — should consider enhancing their D&O insurance coverage to confront the new regulatory and compliance risks they face, say attorneys at Freshfields and Burns Bowen.
The recently introduced Justice in Policing Act is an important step against police brutality, but without express accountability for federal agents, the bill fails to address a gaping hole in the law, says Cori Alonso-Yoder at the American University Washington College of Law.
The white, male power structure has eased the path for lawyers like me for far too long, and we should now be responsible for dismantling this systemic bias within the legal industry, says Scott McLaughlin at Eversheds Sutherland.
The U.S. government's charges against Michael Flynn for lying to federal agents shine a light on one of the most misused tools prosecutors deploy to salvage otherwise failed investigations and should generate skepticism from the U.S. Department of Justice and courts, says Simon Gaugush at Carlton Fields.