Ask anyone who has been the victim of a financial crime how helpful regulators were.
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The big financial crime cases the government has won have mostly related to insider-trading.
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The summit in Edinburgh was organised by e-Crime Scotland, which was developed through the Scottish Financial Crime Group.
Whistleblowers are reporting that accounting and disclosure fraud is still occurring and probably happening more than any other financial crime.
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Compared with the glacial progress on initiatives to counter tax avoidance, international projects on financial crime and bank regulation have done rather well.
President Hollande also announced that he was creating a new agency to fight financial fraud, and appointing a special prosecutor to deal with financial crime.
It has been nearly two years since the Madoff Ponzi scheme was revealed, but much of they mystery remains around the biggest financial crime ever.
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In the past few years, Congress, the press and commentators have debated the wisdom of passing more federal criminal laws to deal with financial crime.
Nanning financial crime police began investigating the investment club last November.
There would be 4, 500 fewer federal grants at the Department of Justice and the FBI to combat violent crime, financial crime, and help secure our borders.
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When customers complain to their telephone carrier, some telephone companies are now warn that there might be a financial crime associated with these calls as well.
This study, by far the most thorough of its kind, makes sobering reading for anyone who worries about the link between financial crime and corporate secrecy.
The Feds going soft on financial crime makes absolutely no sense, if you take into account the big business of financial fraud over the past 12 years.
This is why there is no international standard on tax evasion or tax competition along the lines of international standards on bank regulation or fighting financial crime.
The past two weeks have seen plenty of big developments in the Madoff saga, showing that dealing with the aftermath of a massive financial crime can take years.
The Serious Fraud Office (SFO) acquired the nickname of the Serious Flawed Office in its early years of operation as a unit fighting big financial crime in the 1990s.
At the same time, it also appointed a former US official, Bob Werner, to work as its head of financial crime compliance, a new position the bank has created.
"Atlantic Law and Andrew Greystoke acted recklessly, without integrity and with a complete disregard of the risks to consumers, " said Margaret Cole, FSA director of enforcement and financial crime.
Other financial crime prosecutions that have gone badly: Former Credit Suisse banker Frank Quattrone beat back two attempts by the Justice Department to get him for obstruction of justice.
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But insiders say that reaching out beyond the law enforcement community to the private sector is a central plank of Soca's plans - in general, and for financial crime in particular.
The FSA's managing director of enforcement and financial crime, Margaret Cole, said BarCap had committed a "serious breach", because the deposits would have been a risk if the firm had gone bust.
"Alberto Micalizzi's conduct fell woefully short of the standards that investors should expect and behaviour like his has no place in the financial services industry, " said Tracey McDermott, the FSA's acting director of enforcement and financial crime.
Cafod, the overseas development agency of the Catholic Church, said: "it cannot make sense to weaken the fight against financial crime by absorbing fraud investigation in the National Crime Agency, where it will inevitably be treated as that Agency's lower priority".
Labour wants to bring clarity to what it says is the "grey and murky" area of financial crime - although its opponents say the party was responsible for introducing the "light touch" regulation of the City that allowed fraud to flourish.
In parallel to the consumers conducting millions of transactions online or via mobile applications, a new wave of financial crime and cyber threats have emerged in the banking sector to exploit these new access channels as part of a broader network based threat to banking security.
"These mistakes stemmed from the fact that Bank of Scotland had an inadequate mortgage records system meaning they could not identify which of those 250, 000 customers were subject to a cap on their standard variable rate, " said Tracey McDermott, the FSA's director of enforcement and financial crime.
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According to what his longtime doctor told the medical examiner, Picower had a history of depression because he had been "internalizing a lot, " and now he was also accused of being the largest beneficiary of the biggest financial crime in U.S. history and reportedly under government investigation.
Fueling the feud is the fact that the Justice Department and SFO are both under mounting pressure to prove their financial-crime-fighting mettle.
So, for example, competency for a complex white collar financial industry crime would require a much higher level of psychological functioning than, for example, the much clearer situation of taking an automatic weapon and opening fire at a public political event.
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