White-Collar Crime

Bank Secrecy Act: Why Few Individuals Are Charged

, New York Law Journal


In their White-Collar Crime column, Elkan Abramowitz and Jonathan Sack write: In recent years white-collar criminal enforcement has been marked by a string of high-profile prosecutions of banks for violations of the Bank Secrecy Act. Notwithstanding a series of multi-billion dollar settlements, the government's enforcement efforts have met with criticism.

Originally appeared in print as Bank Secrecy Act Prosecutions: Why Few Individuals Are Charged

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