News & Analysis as of

White Collar Crimes Biden Administration

Skadden, Arps, Slate, Meagher & Flom LLP

In a New Memo, DOJ Outlines White Collar Crime Focus Areas and Prosecutorial Guidance

Key Points - - A new memo suggests DOJ will continue to prosecute white collar fraud and crimes. - DOJ identified 10 “high-impact” areas of focus, prioritizing crimes that cause harm to government programs, citizens, and...more

Benesch

Paycheck Protection Program (“PPP”) Loan Fraud: A Survey & Analysis of Recent Civil & Criminal Enforcement Outcomes

Benesch on

The Coronavirus Aid, Relief, and Economic Security (“CARES”) Act was a federal law enacted in or around March 2020 designed to provide emergency financial assistance to the millions of Americans who were suffering the...more

Zuckerman Spaeder LLP

As Priorities Change in Cross-border Criminal Investigations, Potential Targets Must Account for Possible Tolling of Limitations

Zuckerman Spaeder LLP on

As the new administration shifts some criminal enforcement priorities, particularly relating to activities abroad, potential targets of cross-border investigations are re-evaluating their strategies and exposure to...more

The Volkov Law Group

The FCPA Year in Review — More of the Same with Some Twists (Part I of III)

The Volkov Law Group on

With the end of the Biden Administration, it is hard to identify a consistent theme relating to FCPA enforcement.  On the one hand, the Biden Administration talked a big game, elevating the anti-corruption fight as a national...more

Vinson & Elkins LLP

White Collar and Corporate Criminal Enforcement in the Trump 2.0 Era

Vinson & Elkins LLP on

When President-Elect Donald J. Trump takes office on January 20, 2025, the U.S. Department of Justice (“DOJ” or the “Department”) is certain to be at the center of the action and conversation in Washington, D.C.—just as it...more

Womble Bond Dickinson

[Webinar] U.S. Anti-Corruption Enforcement in Latin America - November 19th, 12:00 pm - 1:15 pm ET

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Latin America has been the focus of considerable attention by the DOJ. Despite strong ties based on trade, shared values and democratic traditions, Latin America is being tested with new and precarious challenges from...more

Womble Bond Dickinson

[Webinar] U.S. Anti-Corruption Enforcement in Latin America - October 22nd, 12:00 pm - 1:15 pm ET

Womble Bond Dickinson on

Latin America has been the focus of considerable attention by the Biden Administration and the DOJ. Despite strong ties based on trade, shared values and democratic traditions, Latin America is being tested with new and...more

Cadwalader, Wickersham & Taft LLP

After Referral from CFIUS President Biden Prohibits the Purchase of Wyoming Real Estate and Cryptocurrency Facility

On May 13, 2024, President Biden, acting on a transaction referred to him from the Committee on Foreign Investment in the United States (“CFIUS”), took the unusual step of ordering the prohibition of a real estate acquisition...more

Snell & Wilmer

The Department of Justice Is Building a Data Security Protection and Enforcement Program

Snell & Wilmer on

In response to President Biden’s Executive Order authorizing increased data privacy measures, Assistant Attorney General (AAG) Matthew G. Olsen announced that the National Security Division of the Department of Justice (DOJ)...more

Benesch

White Collar Quarterly Report | Q1 2024

Benesch on

We are thrilled to introduce the inaugural issue of our quarterly White Collar newsletter, a dedicated resource from Benesch’s White Collar, Government Investigations & Regulatory Compliance Practice Group. Each issue...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

DOJ Official Cites Old West ‘WANTED’ Posters in Announcement of New Whistleblower Monetary Awards Program

On March 7, 2024, Deputy Attorney General Lisa Monaco said that the U.S. Department of Justice (DOJ) will test out a program to pay whistleblowers if they provide information on serious financial crimes and foreign and...more

Akerman LLP

Enactment of the Foreign Extortion Prevention Act Expands the U.S. Department of Justice’s Ability to Prosecute International...

Akerman LLP on

The breadth of the recently enacted FEPA presents pitfalls for U.S. companies dealing with foreign governments and state-owned entities requiring significant caution and effective compliance controls....more

Perkins Coie

A New National Security Frontier: Executive Order and Coming Regulations Restricting US Technology Investments in China

Perkins Coie on

President Biden issued a long-awaited executive order, “Addressing United States Investments in Certain National Security Technologies and Products in Countries of Concern” (the Executive Order or E.O.), on August 9, 2023,...more

The Volkov Law Group

Former Special Agent in Charge of the FBI New York Counterintelligence Division Charged with Violating Russia Sanctions

The Volkov Law Group on

In an ironic twist (or you just can’t make this up moment, whichever you prefer), the Justice Department announced the arrest of Charles McGonigal, the former Special Agent in Charge (“SAC”) of the FBI’s Counterintelligence...more

Latham & Watkins LLP

The International Investigations Review, 12th Edition - England & Wales

Latham & Watkins LLP on

In its second year, the Biden administration has made clear its prioritisation of white-collar prosecutions. This includes changes in policy and guidance, such as a renewed focus on individual accountability, an increased...more

Cadwalader, Wickersham & Taft LLP

In Depth: President Biden Proposes New Administrative Forfeiture Process and Other Legislative Changes to Address Ukraine Crisis

Alongside the slew of new sanctions imposed in response to Russia’s invasion of Ukraine, the Biden administration also has been laying the groundwork to maximize the impact of those sanctions. Just days after Russian military...more

The Volkov Law Group

Administration Proposes Legislative Changes to Enhance Asset Forfeiture, Sanctions Enforcement Against Russian Government and...

The Volkov Law Group on

As part of the United States governments effort to support Ukraine in its war against Russia, the Biden Administration sent to Congress a number of legislative proposals in addition to a supplemental request for an additional...more

Alston & Bird

Breaking Down Key Areas of Biden’s Executive Order on Ensuring Responsible Development of Digital Assets

Alston & Bird on

On March 9, 2022, President Biden issued his Executive Order on Ensuring Responsible Development of Digital Assets. The Executive Order (EO) establishes policy objectives related to digital assets and directs agencies and...more

Skadden, Arps, Slate, Meagher & Flom LLP

DOJ Reveals White Collar Crime Enforcement Priorities: Key Themes From the March 2022 ABA National Institute on White Collar Crime

Remarks made by U.S. Department of Justice (DOJ) officials at the March 2022 American Bar Association’s (ABA’s) National Institute on White Collar Crime (the White Collar Conference) reflect the DOJ’s prioritizing white...more

Foley & Lardner LLP

DOJ Warns White Collar Bar It Is Coming After Individuals

Foley & Lardner LLP on

On March 3, 2022, at the American Bar Association’s National Institute on White Collar Crime, Attorney General Merrick Garland emphasized in a keynote address the Biden Administration’s stated priority to increase corporate...more

McDermott Will & Emery

[Webinar] 2022 Enforcement Outlook Series - Foreign Corrupt Practices Act/Anti-Corruption - March 8th, 12:00 pm - 1:00 pm EST

McDermott Will & Emery on

As expected when a new administration takes office, 2021 saw a surge in white-collar enforcement activity. There was a 12% increase in white-collar prosecutions during US President Joe Biden’s first year in office, and that...more

Foley Hoag LLP - White Collar Law &...

Anti-Corruption in 2022: A Look Ahead

This is the second post in this year’s series examining important trends and new development in white collar law and investigations. Our previous post discussed health care enforcement. Up next: trends in tax enforcement. ...more

Womble Bond Dickinson

[Webinar] Corporate Enforcement Under the Biden Administration - March 11th, 12:00 pm - 1:00 pm EST

Womble Bond Dickinson on

At the 36th Annual American Bar Association National Institute on White Collar Conference on October 28, 2021, Deputy Attorney General Lisa Monaco announced significant changes to Department of Justice policies on corporate...more

Goodwin

2021 Year in Review: FCPA

Goodwin on

A. Basic Overview of Statute - The Foreign Corrupt Practices Act of 1977, as amended, 15 U.S.C. §§ 78dd-1, et seq. (FCPA), makes it unlawful for U.S. persons and entities and others who act within the jurisdiction of the...more

Jones Day

FCPA 2021 Year In Review

Jones Day on

The Biden administration took office in January 2021, announcing aggressive and sweeping anticorruption initiatives to tackle corruption around the world, labeling corruption a national security priority, and signaling a...more

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