White Collar Crime Prof Blog

In the News & Around the Blogosphere

Larry Ribstein, Ideoblog, Businesses as movie good guys

Martha Neil, ABA Jrl, Law News Now, Attorney in Federal Wire Fraud Case Allegedly Didn’t ID Buyers at Closings; Tim McGlone, The Virginian-Pilot, Lawyer charged in $1M mortgage fraud scheme (w/ a hat tip to Ivan Dominguez)

The Record, Bruno's sentence delayed until May

DOJ Press Release, Brookhaven Memorial Hospital Medical Center in New York to Pay U.S. $2.92 Million to Resolve Fraud Allegations

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Third Circuit Remands Brown (Rite-Aid) Case for Resentencing

An opinion issued by the Third Circuit Court of Appeals here affirmed the convictions of an individual who worked for the Rite Aid Corporation, on convictions for "conspiracy to commit accounting fraud, filing false statements with the SEC, conspiracy to obstruct justice, obstruction of grand jury proceedings, obstruction of government agency proceedings, and witness tampering."  Brown, age 76, received a sentence of ten years, but the sentencing was prior to Booker.  The court stated, "[l]acking this clairvoyance the Court failed to explain, in the manner now required, how it considered the factors listed in section 3553(a) in imposing Brown’s sentence."

See also Shannon P. Duffy, Legal Intelligencer, law.com, 3rd Circuit Upholds Conviction of Former Rite Aid General Counsel

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In the News & Around the Blogosphere

Fox News,NYC Concrete Test Company Convicted on Corruption Charges

John Hielscher & Michael Pollick, Sarasota Herald Tribune, Arthur Nadel pleads guilty to Ponzi scheme

Philadelphia Inquirer, AP, Lawyers fear deadline in Veon corruption trial

Mark Hamblett, NYLJ, law.com, 2nd Circuit Denies En Banc Review of Lynne Stewart's Sentence

Mike Scarcella, BLT Blog, In Miami, Fraud Task Force Examines Mortgage Schemes

Mike Scarcella, BLT Blog, Mistrial Declared in DOJ's Corruption Case Against American Samoa Officials

Star-Ledger, NJ.com, Former aide to Newark Mayor Cory Booker is indicted on extortion, corruption charges

Dan Eggen, Washington Post, Alleged Stanford fraud victims want money that was given to campaign committees

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Nadel Pleads Guilty

Michael Pollick & John Hielscher of the Sarasota Herald Tribune has the story here.

See also Thom Weidlich, Bloomberg, Florida Money Manager Nadel Pleads Guilty to Fraud

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In the News & Around the Blogosphere

Andy Owens, Charleston Regional Business Journal, Law school panelists: White collar crime hard to deter

DOJ Press Release, Cummins Inc. Agrees to Pay $2.1 Million Penalty for Diesel Engine Clean Air Act Violations

Ken Thomas & Dan Stumpf, Huffington Post. Toyota Recall: Feds Open Criminal Investigation, Issue Grand Jury Subpoena for Documents

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99 Year Sentence in State Case

We have seen some high sentences in white collar cases in federal court.  But it now looks like a high sentence is being given in a white collar state case.  Check out, press release, Texas State Securities Board,Jury Hands Down 99-Year Sentence for Architect of Multistate Securities Fraud.

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In the News & Around the Blogosphere

Johanna Decorse, AP, law.com, 12 Convicted in Pinot Noir Fraud Scheme

Tonya Alanez, Sun Sentinel, Is Broward's state attorney soft on corruption?

Jordana Mishory, Daily Business Review, law.com, Judge Dismisses 2 Counts Against Rothstein Firm's Former Accountants

AP, Washington Post, Federal prosecutors consider charges in probe of Hilton Hotels

Amir Efrati, WSJ Blog,Possible Madoff Effect: Triple-Digit White-Collar Prison Sentences

DOJ Press Release, Florida Businessman Pleads Guilty to Money Laundering in Foreign Bribery Scheme

DOJ Press Release, Shipping Firm Sentenced to Pay $10 Million for Causing Cosco Busan Oil Spill and Coverup

Paul Egan, Detroit News, Federal case builds against Kilpatrick, father

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Memorial Site for Jack T. Litman z"l

Benjamin and Sacha Litman have created a wonderful memorial website for Jack T. Litman here. 

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