Whitecollar Crime Archives

The Long and Brawny Arm of the Foreign Corrupt Practices Act with Mark Bini and Tom Suddath
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The Long and Brawny Arm of the Foreign Corrupt Practices Act with Mark Bini and Tom Suddath

The Long and Brawny Arm of the Foreign Corrupt Practices Act with Mark Bini and Tom Suddath

September 25th, 2024|Categories: Corporate Compliance, ELP, Emerging Litigation & Risk, Law Firm Operations|Tags: corruption, FCPA, FEPA, government enforcement, Whitecollar Crime|

Hey! Corporate corruption costs $5 trillion a year! In this episode two former prosecutors talk about the Foreign Corrupt Practices Act, the government’s leading weapon in its global war on corporate crime. They also talk about the new statute on the block, the Foreign Extortion Prevention Act, and the many complexities of this fascinating area of the law. Check out our interview with Reed Smith attorneys Mark Bini and Tom Suddath. They know this area of the law inside and out.

Jury Selection in the Age of Conspiracy Theories and Distrust with Tara Trask

April 4th, 2024|Categories: Complex Business Litigation, ELP, News|Tags: complex litigation, Jury Selection, trial, Whitecollar Crime|

In this episode, we discuss picking juries in an age of misinformation, general distrust, tribalism, unleashed social media surfers, and unorthodox legal strategies unfolding on a daily basis with Tara Trask of Trask Consulting, jury and trial expert. "Jury service is an opportunity for everyday Americans to interact with an important institution, our courts, and play their part as citizens,"Trask says. "The court system could very well be our saving grace in trying to hang on to our democracy." Listen now.

Electronic Fund Transfer Fraud with Brad Rustin

April 26th, 2023|Categories: Complex Business Litigation, Corporate Compliance, ELP|Tags: compliance, emerging litigation, fintech, fraud, Whitecollar Crime|

Electronic Fund Transfer Fraud with Brad Rustin Grifters, scammers, con artists Sen. Elizabeth Warren, who championed the creation of Consumer Financial Protection Bureau (CFPB), calls the Zelle digital payments network a “preferred tool for grifters like romance scammers, cryptocurrency con artists, and those who prowl social media sites advertising concert tickets and purebred puppies — only to disappear with buyers’ cash after they pay.” 18 million Americans defrauded Scams and fraud committed via the Zelle platform and other peer-to-peer services are surging. According to one lawsuit 18 million Americans were defrauded by schemes perpetrated via apps like Zelle in 2020. Some 1,500 member banks and credit unions participate in the Zelle service. People sent $490 billion via the app in 2021. But Zelle owner, Early Warning, and its consortium comprising Bank of America, Truist, Capital One, JPMorgan Chase, PNC Bank, U.S. Bank, and Wells Fargo, have refused to refund customers for most of their losses. Sen. Warren issued a report that the claims for fraud received by just four banks will likely exceed $255 million by the end of 2022 – a $165 million increase over 2020. The senator and consumers say Zelle is violating federal consumer protection law. What is fraud? The heart of the problem is this: banks and consumers do not agree on the definition [...]