DOJ Pledges a New Crackdown on White-Collar Crimes

Prosecutions of white-collar crimes have fallen in recent years. However, the Department of Justice recently signaled its intention to crack down on corporate offenses.

Deputy Attorney General Lisa Monaco revealed she intends to roll back the Trump administration’s apparent backpedaling on the prosecution of financial crimes such as fraud, in an interview in October. Recent figures point to a continued decline in prosecutions under the Biden administration.

White-collar investigations and prosecution fell markedly during the Trump administration to a new … Read the rest