Re:Two Executives in Sam Bankman-Fried’s Crypto Empire Plead...
by HWR_14 on Thursday December 22, 2022 @01:45AM
(#34090555)
In 2018, Elizabeth Holmes has the misfortune of having multiple cabinet members, Presidental ally Rupert Murdoch and Republican stalwarts like Kissinger and former Senators among her defrauded investors. Other than Theranos there was little financial crime prosecution.
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Re:Two Executives in Sam Bankman-Fried’s Crypto Empire Plead...
by from on Thursday December 22, 2022 @02:29PM
(#34097429)
It is true that white collar prosecutions have declined but this is part of a long running trend (https://www.vox.com/2015/8/5/9099935/federal-white-collar-cr..., https://trac.syr.edu/tracreports/crim/514/). It is also true that the former president was on the record as against the FCPA but there were more enforcement actions in his term than most other presidents (https://www.gibsondunn.com/wp-content/uploads/2021/01/Chart2...). If there is any increase this year it's likely going to be due to a bunch of low hanging fruit PPP fraud cases.