U.S. Attorney General-designee Eric Holder may bolster resources dedicated to white collar crime cases, potentially reversing a decline seen in the Bush administration, say former prosecutors.
IPOC International Growth Fund Limited of Bermuda pleaded guilty Wednesday to perverting the course of justice and filing false and misleading information regarding the source of a $40 million security deposit given to court officials in 2004 as part of a lawsuit.
The Justice Department issued a memo on March 7 outlining principles that prosecutors should use when assigning monitors for deferred prosecution agreements. The department came under fire for awarding a $25 million monitoring contract to a firm run by former Attorney General John Ashcroft.
The FBI and IRS are referring fewer cases to the U.S. Justice Department for criminal prosecutions, partly because of a shift in focus toward terrorism and immigration violations, a study found.