Tag: money laundering
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…
White-collar crime investigations are often complex and defendants routinely receive tough sentences. Earlier this month, the former aide to ex-U.S. Rep. Steve Stockman was sentenced to 18 months in prison for helping the former Congressman carry out a campaign finance scam which prosecutors described as a “white-collar crime spree.” Jason Posey was also ordered to…
White collar crimes carry high sentences. In Travis County, a former director of the University of Texas faces up 99 years in prison after he was indicted on counts of theft, money laundering, and abusing his official capacity. Jason Shoumaker worked for the University of Texas in Austin for 10 years. He managed facilities for…