Department Of Justice Pledges To Focus On White-Collar Crime
The Department of Justice is cracking down on white-collar crime after years of criticism.By Karen Rodriguez | September 10, 2015
The Department of Justice is cracking down on white-collar crime after years of criticism. (Video via Department of Justice)
In a seven-page memo provided to The New York Times, Deputy Attorney General Sally Yates gave federal prosecutors new guidelines to use in white-collar cases. Investigators must now focus on individual employees, not just their companies, at the start of an investigation. And companies will have to hand over all "relevant facts" about an individual in order to get any "credit for cooperation."
This is the first major policy announcement since Loretta Lynch became the Attorney General in April. And even though the guidelines are effective immediately, they are just guidelines, meaning they aren't binding for federal prosecutors.