White Collar Crime Report: Index-Summary

BACKDATING STOCK OPTIONS

BANKING

– Automated teller machines, 2 defendants charged with operating Ponzi scheme to defraud investors (S.D.N.Y.), 660
– Bank fraud

– – Identity theft, phishing scheme used to obtain personal data of Bank of America and Wells Fargo customers, U.S. and Egyptian conspirators indicted (C.D. Cal.), 735
– – Loans

See LOANS

– – Mortgages

See MORTGAGE FRAUD

– – “Number of victims” sentence enhancement when persons are reimbursed by bank for economic loss, amended opinion issued (9th Cir.), 40; losses need not be permanent for enhancement to apply (1st Cir.), 491
– – “Production” of counterfeit access device, sentence enhancement may be applied to defendant who pricked air bubbles from fake driver's license (1st Cir.), 15
– – Proof of funds letters, bank workers charged with creating false documents (E.D.N.Y.), 242

– Consumer debt settlement firm owner jailed for ignoring court order to cease operations (Md. Cir. Ct.), 555
– Counterfeit checks, 18 charged in scheme to pay bank tellers for sharing customer data to make (N.Y. Sup. Ct.), 381
– Credit cards

See CREDIT CARDS

– Credit union soundness jeopardized by worker's embezzlement, enhanced sentence may be given despite indemnification by third party (8th Cir.), 105
– Currency

See CURRENCY

– Cybercrime, prepaid payroll debit cards and in-transit financial dealings targeted, DOJ officials say, 336
– Foreign Corrupt Practices Act, Siemens settles with World Bank over bank-funded transportation project, 497
– Insider trading, investment banker indicted for tipping brother about confidential corporate transactions (N.D. Cal.), 312
– Merger of Bank of America and Merrill Lynch

See MERGERS AND ACQUISITIONS

– Money laundering

See MONEY LAUNDERING

– Money-transmitting operation lacked license, “value of funds” for sentence enhancement does not require funds be obtained unlawfully (D.C. Cir.), 104
– Privacy, FDIC worker indicted for disclosing confidential information about agency and bank customer (D. Kan.), 736
– TARP

See TROUBLED ASSET RELIEF PROGRAM (TARP)

– Tax evasion, foreign bank accounts

See INTERNATIONAL DEVELOPMENTS

BANKRUPTCY

– Concealment of property interests, debtor indicted for fraud (M.D. Tenn.), 699
– False statements at creditors' meetings, debtor may receive enhanced sentence for abusing position of trust (8th Cir.), 712

BID RIGGING

See ANTITRUST

BRIBERY

– Alaska, oil tax legislation

See ALASKA

– Blagojevich, Ill. governor “auctioning” Obama Senate seat

– – DOJ may seek to freeze campaign fund, 19
– – Ill. House votes to impeach, 41; state Senate convicts, 108
– – “Pay to play” scheme, governor and staff indicted (N.D. Ill.), 239; chief of staff pleads guilty, 476
– – Rep. Jackson (D-Ill) denies misconduct in ethics probe, 291
– – Sen. Burris (D-Ill) defends phone call with Blagojevich's brother about fundraising for governor, 393; prosecutor says Burris' statements to state legislature not perjury, 464

– Explicit quid pro quo not required for conviction under federal law (6th Cir.), 287
– Extortion

See EXTORTION

– FCPA

See FOREIGN CORRUPT PRACTICES ACT (FCPA)

– Forfeiture, civil suit filed against accounts of Bangladeshi officials (D.D.C.), 44
– Health care fraud, CEO of psychiatric center and physician convicted of paying for patient referrals (N.D. Ill.), 487
– IRS worker pleads guilty to preparing false audit report (D. Nev.), 633
– Jefferson (D-La) prosecution

– – Guilty verdict returned by jury (E.D. Va.), 543
– – Self-incrimination privilege does not shield records held by chief of staff (4th Cir.), 733
– – Speech or Debate Clause protection, Supreme Court will be asked to review (E.D. Va.), 43; (U.S., rev sought), 150; (rev den), 363

– Kickbacks

See KICKBACKS

– N.J. mayors and rabbis among 44 charged in money laundering and bribery scheme (D.N.J.), 515
– Prosecutorial resources, bill to increase

See LEGISLATION, FEDERAL, S 49

– Public contracts

See DEFENSE CONTRACTS; GOVERNMENT CONTRACTS

– Securities fraud, stock promoter pleads guilty to paying stock brokers in market-manipulation scheme (S.D.N.Y.), 481
– Union officials

– – Business manager sentenced (D.N.J.), 99
– – Carpenters Union officials indicted for scheme with contractors (S.D.N.Y.), 544
– – Electrical contractor charged (S.D.N.Y.), 243; guilty plea entered, 549

– U.S. Export-Import Bank employee pleads not guilty (D.D.C.), 173

BUILDING AND CONSTRUCTION

– Boston “Big Dig” highway project

– – Epoxy maker pleads guilty to false statement about adhesive linked to falling tunnel ceiling panel that killed motorist (D. Mass.), 665
– – Lying about work performed and wage rates paid, subcontractor pleads guilty (D. Mass.), 319
– – Overbilling for apprentice work and false statements about work quality, contracting firm pleads guilty (D. Mass.), 356
– – Supplying defective materials, concrete firm managers plead guilty (D. Mass.), 484; 4 managers convicted, 550

– Bribery, public official and contractor convicted for steering contracts in levee reconstruction project (E.D. La.), 284; sentencing, 636
– Embezzlement of union funds, construction contractor pleads guilty (D. Kan.), 668
– Fraudulent surety bonds for construction projects, defendant sentenced for selling (M.D. Fla.), 451
– Occupational safety

– – Roofing firm owner sentenced for workers' falls through unprotected skylights (Cal. Super. Ct.), 324
– – Safety monitors on construction sites, head of consulting firm pleads guilty to falsifying credentials of (S.D.N.Y.), 449

– Public corruption, state legislator sentenced for defrauding state during construction of courthouse (D.N.M.), 215