ABA Journal

White Collar Crime

2587 ABA Journal White Collar Crime articles.

Weekly Briefs: Appeals courts rule in lawyer restitution cases; tribes agree to opioid settlement

Ex-BigLaw partner must pay $537M in tax fraud scheme

Paul M. Daugerdas, a former Jenkens & Gilchrist partner, lost an appeal in his tax fraud case before the 2nd U.S.…

Defense attorney convicted in $1M federal money laundering case

A Baltimore defense attorney, who allegedly helped a longtime client and convicted drug trafficker funnel money through his law firm, has been found guilty of conspiracy to commit money laundering.

Jury finds Elizabeth Holmes, CEO of blood-testing company Theranos, guilty of fraud

A jury on Monday found Elizabeth Holmes, the former CEO and founder of failed blood-testing startup Theranos, guilty on four of 11 federal charges related to fraud and conspiracy.

As a slew of BigLaw firms match bonuses, some boutique firms join the pack

Some boutique law firms are matching or even surpassing BigLaw’s year-end associate bonus scale of up to $115,000 for the most senior associates.

Real estate lawyer will plead guilty in case accusing him of stealing millions in client escrow cash

New York City real estate lawyer Mitchell Kossoff is expected to plead guilty as soon as this week to allegations that he stole millions of dollars in clients’ escrow money.

NY lawyer receives nearly 5-year prison sentence for defrauding 9-year-old

A federal judge has sentenced a New York lawyer to 57 months in prison for his involvement in a scheme to commit mail and wire fraud against a 9-year-old girl.

Imposter lawyer who filed document in Cosby case wins reversal of his conviction

A federal appeals court has overturned the false statements conviction of a man who posed as a lawyer to file a document in civil litigation between actor Bill Cosby and sexual assault accuser Andrea Constand.

Nov. 30, 1920: Charlie Ponzi pleads guilty to larceny

By the time he reached his third stretch in prison, Carlo “Charlie” Ponzi was an American celebrity. In a single remarkable year, 1920, the smooth-talking Italian immigrant made money as fast as anyone, ever. In a matter of months, he took in more than $15 million ($200 million today); but by year’s end he had also been arrested, indicted and convicted for a scheme that came to bear his name.

Lawyer is charged with insurance fraud for allegedly hiring ex-client to kill him

Updated: Police say prominent South Carolina lawyer Alex Murdaugh, under investigation for law firm theft, plotted to have himself killed by a former client, so his son could collect a $10 million life insurance policy.

District attorney is accused of offering bribes to prosecutors, suborning perjury

A district attorney in Georgia was indicted Tuesday based on accusations that he offered $1,000 bribes to two prosecutors and tried to influence a police officer’s testimony.

Federal white-collar prosecutions continue a long-term decline

Projected numbers for white-collar prosecutions in 2021 show a continuing decline over the last 20 years, according to the Transactional Records Access Clearinghouse at Syracuse University.

Judge scrutinizes BigLaw firm in ruling on evidence from blood-testing company Theranos that may be ‘irretrievably’ lost

The founder of blood-testing company Theranos can’t exclude government evidence at her fraud trial on the basis of lost, purportedly exculpatory evidence because her company was responsible for the destruction, a federal judge in San Jose, California, has ruled.

US sells one-of-a-kind Wu-Tang Clan album to satisfy forfeiture judgment of ‘Pharma Bro’

Federal prosecutors in New York have sold a one-of-a-kind Wu-Tang Clan album to help satisfy a forfeiture judgment against “Pharma Bro” Martin Shkreli, a former drug company CEO convicted of securities fraud.

Afternoon Briefs: 7 federal death penalty requests withdrawn; ex-lawyer sentenced for advice on supplements

DOJ withdraws death penalty requests

The U.S. Department of Justice has withdrawn requests for the death penalty in seven cases, reversing the stance taken by the department during the Trump…

Former LeClairRyan general counsel pleads guilty to obstructing probe of financial misconduct

The former general counsel for the defunct law firm LeClairRyan has pleaded guilty to obstructing an official proceeding for trying to thwart an investigation into his misconduct as a bankruptcy trustee.

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