White Collar

  • June 26, 2025

    Md. Judge Won't Rush Abrego Garcia's Bid To Avoid Removal

    A federal judge declined Thursday to rule immediately on Kilmar Armando Abrego Garcia's emergency request to bar the government from quickly deporting him once he's released from detention in his criminal case in Tennessee, expressing concern about her jurisdiction.

  • June 26, 2025

    Judge Casts Doubt On Plea Deals In Blood Test Defect Case

    A set of plea agreements between Massachusetts federal prosecutors and former Magellan Diagnostics executives has been thrown into uncertainty amid a dispute over whether the executives admitted to fraud related to defective blood tests or merely an intent to mislead, a question a judge said Thursday might be "a very expensive rabbit hole."

  • June 26, 2025

    Ex-Mich. Coach Hires 'Real Housewives' Atty In Hacking Case

    A former University of Michigan assistant football coach accused of hacking college students' digital accounts enlisted a D.C. criminal defender who represented a former "Real Housewives" cast member convicted of luring people into fake investments and represented a man convicted of threatening a judge overseeing the criminal case of a former Trump adviser.

  • June 26, 2025

    Former Hoops Star Telfair Gets 6 Mos. For Violating Release

    A Manhattan federal judge sentenced former high school basketball star and ex-NBA player Sebastian Telfair to six months in prison Thursday for violating the terms of his supervised release, after sparing him prison last year for defrauding the league's health plan.

  • June 26, 2025

    '50 Cent' Liquor Biz Can Target Ex-Boss's Home In Ch. 7

    A Connecticut bankruptcy judge ruled that famous rapper Curtis "50 Cent" Jackson's liquor company Sire Spirits LLC can enforce its lien on its former brand manager Mitchell Green's home in Westport to get some recovery for a $7 million fraud judgment against him, even as Green goes through Chapter 7 proceedings.

  • June 26, 2025

    Air Force Contractor Agrees To Pay $1M To Settle FCA Claims

    A Massachusetts company will pay approximately $1 million to settle allegations it overcharged the government under a contract supporting Cannon Air Force Base in New Mexico, federal prosecutors have announced.

  • June 26, 2025

    Combs Used Business 'Kingdom' For Crime Spree, Feds Say

    Sean "Diddy" Combs used his power, wealth and a "small army" of employees to commit crimes including sex trafficking for 20 years, a prosecutor told a Manhattan federal jury Thursday as the hip-hop mogul's trial neared an end.

  • June 26, 2025

    2 Arrested In €66M 'Designer Fuel' VAT Fraud Scheme

    The European Public Prosecutor's Office arrested two people suspected of participating in a criminal scheme that traded in what are known as designer fuels to evade €66 million ($77.2 million) in value-added taxes, the office said.

  • June 26, 2025

    Ex-Asphalt Exec Gets 6 Months For $23M Bid-Rigging Scheme

    A co-founder and former executive of a Michigan asphalt paving company has been sentenced to six months in prison and fined $500,000 for his role in a bid-rigging conspiracy that earned his company more than $23 million in corrupted jobs, as a Michigan federal judge continued to emphasize the need to deter white collar crime. 

  • June 26, 2025

    Justices Expand Reach Of First Step Act In Resentencings

    The U.S. Supreme Court ruled Thursday that defendants can benefit from lighter sentences under the First Step Act if they were sentenced prior to the 2018 criminal justice reform law but later resentenced after their original sentences were tossed.

  • June 26, 2025

    Justices Say DHS Orders Final In Withholding-Removal Cases

    The U.S. Supreme Court held Thursday that the 30-day statutory deadline for challenging deportation orders in withholding of removal cases starts when the U.S. Department of Homeland Security issues a final administrative review order, not when Board of Immigration Appeals proceedings conclude.

  • June 25, 2025

    Ex-Venezuela Military Agency Head Cops To Narco-Terrorism

    A former Venezuela military intelligence director who was criminally charged alongside Venezuelan President Nicolás Maduro Moros for allegedly operating a drug cartel with a Colombian guerrilla group pled guilty Wednesday to conspiring to import cocaine into the U.S. and engaging in narco-terrorism for the group.

  • June 25, 2025

    Judge Rejects Feds' Bid To Thwart Abrego Garcia's Release

    A Tennessee federal judge Wednesday denied the Trump administration's bid to stay Kilmar Abrego Garcia's release from detention on certain conditions, saying the government's contention it would suffer irreparable injury should he be released "defies logic."

  • June 25, 2025

    Coinme Fined $300K In Landmark Calif. Enforcement Action

    Crypto kiosk operator Coinme Inc. has agreed to pay a $300,000 fine to resolve findings that it violated California's kiosk transaction limits and failed to include certain disclosures on receipts, the California Department of Financial Protection and Innovation announced Wednesday.

  • June 25, 2025

    11th Circ. Backs Conviction In Bank Reporting Evasion Case

    The Eleventh Circuit on Wednesday upheld the conviction of a man accused of trying to prevent regulators from learning about his large withdrawals from Wells Fargo accounts, rejecting his claims that prosecutors charged him with one offense but tried him for another.

  • June 25, 2025

    TD Bank Worker Cops To Taking Bribes To Open Accounts

    A former employee of TD Bank has pled guilty to accepting bribes for opening around 140 fraudulent bank accounts that led to checking account scams that cost the bank tens of thousands of dollars, the U.S. attorney's office in New Jersey announced Wednesday.

  • June 25, 2025

    SEC Says Banned Investment Adviser Ran Crypto Fund Fraud

    A San Diego man and his dissolved company face U.S. Securities and Exchange Commission allegations that they improperly raised $413,000 from at least 11 investors on the strength of promises they'd put the money into a pooled investment vehicle for crypto assets.

  • June 25, 2025

    10th Circ. Urged To Revive Post-Jarkesy FDIC Challenge

    A Kansas bank has urged the Tenth Circuit to revive its suit claiming the Federal Deposit Insurance Corp. violated the bank's right to a jury trial through an enforcement proceeding before an agency-appointed judge, arguing federal courts must be able to hear such constitutional claims.

  • June 25, 2025

    SEC Wins Jury Verdict In $10M Blood Bank Fraud Suit

    A California federal jury has found the former CEO of a blood bank business liable for securities fraud, agreeing with the U.S. Securities and Exchange Commission that the executive defrauded retirees out of more than $10 million by promising them returns he knew he could not deliver.

  • June 25, 2025

    PetroSaudi Slams Liquidators' Bid To Pause $380M Award Suit

    A PetroSaudi unit pursuing enforcement of a $380 million arbitral award has asked a California federal judge to deny a request by the company's liquidators to pause a federal government suit targeting the award over its alleged connection to funds embezzled from Malaysia.

  • June 25, 2025

    Michigan Man Gets 2 Years In 'Despicable' Pill, Fraud Scheme

    A Michigan resident was sentenced Wednesday to two years in prison by a Massachusetts federal judge who called the defendant's role in a prescription pill smuggling and pandemic aid fraud scheme "despicable."

  • June 25, 2025

    Citi Accused Of Complicity In $20M NFT 'Pig Butchering' Scam

    Citibank NA has been hit with a lawsuit in New York federal court by a Texas man accusing it of ignoring red flags that allowed scammers to use accounts at the bank to siphon nearly $4 million from his family trusts after he fell for a social media romance scam involving non-fungible tokens.

  • June 25, 2025

    Auto Lender's Ex-Exec Gets No Prison For Role In $67M Fraud

    An auto lender's former operations chief was sentenced Wednesday in Illinois federal court to one day of time served alongside a year of supervised release, three months of which served as home detention, for his role in a fraud that caused more than $60 million in losses.

  • June 25, 2025

    NC Woman Gets 5 Years For Federal Student Aid Scheme

    A North Carolina woman was sentenced Tuesday to five years in prison and ordered to pay $3.6 million to the U.S. Department of Education after pleading guilty to wire fraud charges alleging the theft of millions from the federal student loan aid program.

  • June 25, 2025

    Investor Wins $2.25M In Cannabis Shareholder Dispute

    The manager of a medical marijuana collective must fork over $2 million and a 50% stake in the entity to an investor, a Los Angeles state court judge ruled, hitting the defendant, previously accused of recklessly spending the dispensary money and found liable for fraud, with another judgment.

Expert Analysis

  • Why NY May Want To Reconsider Its LLC Transparency Law

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    Against the backdrop of the myriad challenges to the federal Corporate Transparency Act, it may be prudent for New York to reconsider its adoption of the LLC Transparency Act, since it's unclear whether the Empire State's "baby-CTA" statute is still necessary or was passed prematurely, say attorneys at Pillsbury.

  • Considerations As Trump Admin Continues To Curtail CFPB

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    Recent sweeping moves from the Consumer Financial Protection Bureau's new leadership have signaled a major shift in the agency's trajectory, and regulated entities should prepare for broader implications in both the near and long term, say attorneys at Pryor Cashman.

  • How Foreign Cos. Should Prep For New UK Fraud Law

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    As the U.K. prepares to hold companies criminally liable for failing to prevent fraudulent acts of their associates, U.S. and global companies should review their compliance measures against the broad language of this new offense, which could permit prosecution of acts committed entirely abroad, say attorneys at Latham & Watkins.

  • What's Potentially In Store For CFTC Under New Leadership

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    Under the leadership of acting U.S. Commodity Futures Trading Commission Chairman Caroline Pham, and with the nomination of former commissioner Brian Quintenz to serve as permanent chair, the commission is set to widely embrace digital assets and event contracts, say attorneys at Davis Wright.

  • Recent Cases Clarify FCA Kickback Pleading Standards

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    Two recently resolved cases involving pharmaceutical manufacturers may make it more difficult for False Claims Act defendants facing kickback scheme allegations to get claims dismissed for lack of evidence, say Li Yu at Bernstein Litowitz, Ellen London at London & Noar, and Gregg Shapiro at Gregg Shapiro Law.

  • 2 Practical Ways For Banks To Battle Elder Financial Abuse

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    Federal regulators' recent statement raising awareness of elder financial exploitation provides a useful catalog of techniques that banks can employ to fight fraud, particularly encouraging older account holders to establish trusted contacts and sharing timely warnings about the latest scams with customers, say attorneys at Nutter.

  • 3 Ways Civil Plaintiffs Could Fill An FCPA Enforcement Gap

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    While the Department of Justice recently announced it would deprioritize Foreign Corrupt Practices Act investigations into U.S. businesses without obvious ties to international crime, companies should stay alert to private plaintiffs, who could fill this enforcement void — and win significant civil damages — through several legal channels, says Eric Nitz at MoloLamken.

  • Examining Trump Meme Coin And SEC's Crypto Changes

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    While the previous U.S. Securities and Exchange Commission tended to view most crypto-assets as securities, the tide is rapidly changing, and hopefully the long-needed reevaluation of this regulatory framework is not tarnished by an arguable conflict of interest due to President Donald Trump's affiliation with the $Trump meme coin, say attorneys at Thompson Coburn.

  • Opinion

    State FCAs Should Cover Local Fund Misuse, State Tax Fraud

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    New Jersey and other states with similar False Claims Acts should amend them to cover misappropriated municipal funding, and state and local tax fraud, which would encourage more whistleblowers to come forward and increase their recoveries, says Kenneth Levine at Stone & Magnanini.

  • New Fla. Financial Abuse Law May See Limited Buy-In

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    Florida's newly effective financial protection law comes with compliance burdens and uncertainties that could discourage financial institutions from participating, even though the law aims to shield them from liability for delaying transactions when they suspect exploitation of elderly and vulnerable account holders, say attorneys at Shutts & Bowen.

  • 7 Tips For Associates To Thrive In Hybrid Work Environments

    Excerpt from Practical Guidance
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    As the vast majority of law firms have embraced some type of hybrid work policy, associates should consider a few strategies to get the most out of both their in-person and remote workdays, says James Argionis at Cozen O’Connor.

  • White Collar Archetypes: Wrangling The Shape-Shifter

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    In white collar criminal trials, certain pieces of evidence can shape-shift in the jury’s eyes, presenting both challenges and opportunities for defense counsel, says Jack Sharman at Lightfoot Franklin.

  • Series

    Playing Beach Volleyball Makes Me A Better Lawyer

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    My commitment to beach volleyball has become integral to my performance as an attorney, with the sport continually reminding me that teamwork, perseverance, professionalism and stress management are essential to both undertakings, says Amy Drushal at Trenam.

  • How GSA Lease Clauses May Affect DOGE Terminations

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    The Department of Government Efficiency has begun to cut the U.S. General Services Administration's enormous real estate portfolio, but some standard lease clauses include limits helpful to landlords that may slow progress toward the administration's cost-cutting goals, say attorneys at Pillsbury.

  • Managing Anti-Corporate Juror Views Revealed By CEO Killing

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    After the shooting of UnitedHealthcare CEO Brian Thompson laid bare deep-seated anti-corporate sentiments among the public, companies in numerous industries will have to navigate the influence of related juror biases on litigation dynamics, say Jorge Monroy and Keith Pounds at IMS Legal Strategies.

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