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Join the Securities Litigation and Enforcement Group on LinkedInJustice Department Recruits AB InBev Data Expert to White-Collar Crime Force – WSJ
A former executive for the world’s largest brewer who championed the use of machine learning to help companies detect and prevent employee misconduct is joining the Justice Department to help fight white-collar crime. Matt Galvin, Anheuser-Busch InBev SA’s former global compliance chief, will join the Justice Department’s fraud section in Washington on Monday, a department […]
Hewlett Packard Enterprise Executive to Lead Justice Department’s Fraud Section – WSJ
The Justice Department has tapped Glenn Leon, the compliance chief of Hewlett Packard Enterprise Co. , to lead a team of prosecutors responsible for some of the department’s biggest investigations into white-collar fraud and corruption. Mr. Leon, a former federal prosecutor who has served as HP Enterprise’s chief ethics and compliance officer since 2015, will […]
Justice Department Sets Up National Cryptocurrency Enforcement Team – WSJ
The U.S. Justice Department is creating a national cryptocurrency enforcement team to tackle investigations and prosecutions of criminal misuses of cryptocurrency and to recover the illicit proceeds from these crimes, Deputy Attorney General Lisa Monaco said Wednesday. The creation of the National Cryptocurrency Enforcement Team, which would be under the supervision of Assistant Attorney General […]
Lisa Monaco Is Confirmed by Senate as Deputy Attorney General – WSJ
The Senate on Tuesday confirmed Lisa Monaco to be deputy attorney general, putting a seasoned national-security official in charge of the Justice Department’s day-to-day operations as it confronts a rise in domestic extremism and threats from abroad. Ms. Monaco, 53 years old, was confirmed in a 98-2 vote, with Democrats and Republicans alike praising her […]
The Chickenshit Club by Jesse Eisinger — what happened to the DoJ?
Eisinger, who borrows for his title Comey’s moderately profane appellation, details an unmistakable decline in the justice department’s willingness and ability to prosecute corporate crime. For the four years 2012-2015, white-collar cases made up just 10 per cent of the DoJ’s caseload — roughly one-half the share two decades earlier. “The justice system is broken,” […]
New Job Posting Indicates DOJ, U.K. Authorities to Further Collaborate on Fighting Cross-Border Fraud | Bloomberg BNA
The DOJ Dec. 9 announced a new attorney position in its Fraud Section in which the attorney will work two years in London. The attorney will spend the first year with the U.K. Financial Conduct Authority, and the second year with the U.K. Serious Fraud Office. After that, the attorney will return to Washington, D.C., […]
The FCPA Pipeline Is Bulging – FCPA Professor
Let’s take a trip way, way back in time. So far back you may hardly remember where you were or what you were doing. The year was 2007, April to be precise, and the DOJ and SEC announced (here and here) the “largest combined sanction ever imposed in an FCPA case.” The aggregate settlement amount? […]
Chesapeake receives DoJ subpoena on accounting for asset purchase | Reuters
Chesapeake Energy Corp said it received a subpoena from the U.S. Department of Justice seeking information on the accounting methodology for the acquisition and classification of oil and gas properties. via Chesapeake receives DoJ subpoena on accounting for asset purchase | Reuters
DOJ’s Patrick Stokes promoted, Daniel Kahn named acting head of FCPA unit | Compliance Week
The current head of the DOJ’s FCPA unit, Patrick Stokes, has been named Senior Deputy Chief of the Criminal Division’s Fraud Section. Daniel S. Kahn, Assistant Chief of the FCPA unit since 2013, will now serve as Acting Head of the FCPA unit. via DOJ’s Patrick Stokes promoted, Daniel Kahn named acting head of FCPA […]
Justice Department Reaches $470 Million Joint State-Federal Settlement with HSBC to Address Mortgage Loan Origination, Servicing and Foreclosure Abuses | DOJ
The Justice Department, the Department of Housing and Urban Development (HUD) and the Consumer Financial Protection Bureau, along with 49 state attorneys general and the District of Columbia’s attorney general, have reached a $470 million agreement with HSBC Bank USA NA and its affiliates (collectively, HSBC) to address mortgage origination, servicing and foreclosure abuses. via […]