Federal Prosecution for White Collar Crime Hits 20-Year Low
During the first nine months of FY 2015, the U.S. government brought 5,173 white collar crime prosecutions. If the year’s pace continues until the end of FY 2015 in September, the total will only be 6,897 – down by 36.8 percent from levels seen two decades ago, despite the rise in population and economic activity during this period, according to a report from Syracuse University’s Transactional Records Access Clearinghouse (TRAC).
The projected FY 2015 total is 12.3 percent less than FY 2014, and 29.1 percent down from five years ago.