White Collar Crime Report: Index-Summary

SCHOOLS

– Asbestos removal training

– – Director of training sentenced for falsifying records (N.D. Cal.), 935
– – False certificates issued to students, school owner arrested, 770

– Construction contracts, bribery to obtain awards, indictment (M.D. Fla.), 882
– Medical schools offering Medicaid and Medicare compliance training, HHS inspector general report, 739
– School bus companies, transit union leader bribes, indictment (S.D.N.Y.), 171; guilty plea, 564

SEARCH AND SEIZURE

– Computer searches

– – Good-faith exception to exclusionary rule (8th Cir.), 852
– – Laptop computers, warrantless border searches challenged (E.D.N.Y.), 621
– – Plain-view doctrine (4th Cir., 7th Cir.), 107
– – Restrictions on search warrants, amended opinion issued (9th Cir., en banc), 649

– E-mail

– – Hacking into accounts, warrant for laptop, particularity (E.D. Tenn.), 280; guilty verdict, 351
– – Prosecutor's unlawful subpoena for records, expectation of privacy (11th Cir.), 537
– – Stored messages, subscriber expectation of privacy (6th Cir.), 878

– Electronic surveillance

See WIRETAPPING

– Exclusionary rule

– – Bad seizure affecting only possessory rights (Tex. Crim. App.), 220
– – Good-faith exception, computer searches (8th Cir.), 852

SECURITIES

– Accounting fraud

See ACCOUNTING FRAUD

– Advisory firm execs, scheme targeting elderly retirees, arrest (E.D.N.Y.), 276
– Attorney-client privilege in SEC investigations, 507
– Attorneys' fees, advancement to ClearOne CEO (10th Cir.), 669
– Auction-rate securities fraud, Credit Suisse broker sentencing (E.D.N.Y.), 72
– Backdating stock options

See STOCK OPTION BACKDATING

– Body armor supply firm fraud scheme, expert testimony re handwriting and corporate governance (E.D.N.Y.), 97; former directors' SEC testimony admissible, 465
– Bonds

– – Financial adviser pleads guilty to unauthorized trading (S.D.N.Y.), 928
– – Smith Barney adviser pleads guilty to fraudulent funds transfer (S.D.N.Y.), 887

– Civil frauds unit established by U.S. attorney in New York, Special Report, 709
– Commodities

– – Foreign currency trading scam, not guilty pleas (N.D. Cal.), 97
– – Pool operator pleads guilty to fraud (S.D.N.Y.), 525
– – Solicitation of clients, trading adviser principal charged for fraud (S.D.N.Y.), 920

– Contempt, noncompliance with injunction, case referred to DOJ (S.D. Cal.), 815
– Credit and debit card terminal leasing fraud scheme, sentencing (Tex. Dist. Ct.), 136
– Derivatives sales, leniency applicant communications with DOJ, FOIA exemption (D.D.C.), 252
– Enron

See ENRON

– Fiduciary duty breach, criminal liability

See LEGISLATION, FEDERAL, S 3217

– Financial crimes enforcement

– – Investigation and prosecution, 372
– – Self-reporting, companies given credit by DOJ, 812
– – Task force formed by U.S. Attorney in Va., 402; Va. federal court to handle more cases, 542

– Fixed-income securities scheme, purported investment advisers, sentencing (S.D.N.Y.), 137
– Fraud, SEC sanctions as bar to criminal prosecution (D. Utah), 320
– Hedge funds

See HEDGE FUNDS

– Insider trading

See INSIDER TRADING

– Investment adviser, charges re 5-year fraud scheme (N.D. Tex.), 348
– Kickbacks

See KICKBACKS

– Liability standard discussed at ABA meeting, 580
– Life settlement fraud scheme, indictments (E.D. Va.), 650; guilty plea, 802; lawyer pleads guilty, 887
– Madoff fraud scheme

See MADOFF FRAUD

– Market-manipulation schemes

– – Doral Financial vice president, guilty verdict (S.D.N.Y.), 318; sentencing, 806
– – Software firm CEO sentenced (S.D.N.Y.), 390

– Misappropriation of investor funds, investment adviser firm co-founder sentenced (S.D.N.Y.), 390
– Municipal securities, bid rigging, bond broker employee, guilty plea (S.D.N.Y.), 173; co-conspirator pleads guilty, 387; executives indicted, 520; CEO pleads guilty, 598; guilty pleas, 655; bank executive pleads guilty, 846; UBS bank executives indicted, 880; Bank of America settles charges, 898
– Offering scheme targeting elderly, managing director, guilty verdict (N.D. Tex.), 284
– Oil and gas, phony securities scheme, seller sentencing (E.D. Tex.), 215
– PIPE offerings, fraudulent trades, lawyer guilty plea (S.D.N.Y.), 212
– Ponzi schemes

See PONZI SCHEMES

– Private placement offerings scheme targeting Orthodox Jewish community, guilty plea (S.D.N.Y.), 285
– Promissory notes

– – Fake notes, sale to hedge funds, broker sentencing (S.D.N.Y.), 254
– – Issuing stock to repay fraudulent notes, sentencing (S.D. Fla.), 136

– Pump-and-dump schemes

– – Sentence enhancement for abuse of trust (9th Cir.), 440
– – Spongetech Delivery Systems, bogus press releases and SEC filings, criminal and civil charges (E.D.N.Y.), 315
– – Stock-registration violations, Dallas lawyer, guilty verdict (E.D. Va.), 100

– Real estate investment firm manager sentenced (S.D.N.Y.), 503
– Real estate investment trusts, financial adviser indicted for fraud (E.D. Cal.), 837
– Refco outside counsel, hiding ailing financial health of company, sentencing (S.D.N.Y.), 72; appeal filed, 228
– Reporting requirements, Goldman Sachs fined for U.K. violations, 674
– Restitution to fraud victims based on amount of sales commissions (2d Cir.), 811
– Sale of company, fraudulently seeking exemption from SEC requirements (D. Mass.), 597
– SEC/DOJ parallel proceedings, civil stay during pendency of criminal case, 362
– “Squawk box” scheme involving material, nonpublic information about client orders, post-conviction motion hearing (E.D.N.Y.), 301; nondisclosure of SEC deposition testimony did not undermine validity of convictions, 526
– Stock price manipulation

– – Bogus press releases, licensed broker guilty plea (N.D. Cal.), 253
– – Scheme using hackers, India resident, guilty plea (D. Neb.), 102; sentencing, 323
– – Thinly-traded public companies

– – – Bribes paid to undercover agent, charges filed (S.D. Fla.), 922
– – – Kickback scheme, civil and criminal charges filed (S.D. Fla.), 722; guilty pleas, 803; guilty plea, 847
– – – Lawyer guilty plea (N.D. Okla.), 249; second lawyer and codefendant, guilty verdicts, 319; sentencing, 761

– Stock promotion scheme, sentencing (D. Mass.), 140
– Tax evasion

See TAX EVASION

– Video game company, misrepresenting returns on equity interests, sentencing (S.D. Fla.), 137
– Wheat futures contracts, improper trades, commodity broker indictment (N.D. Ill.), 315

SECURITIES AND EXCHANGE COMMISSION (SEC)

– Cooperation measures, conferees discuss, 151
– FCPA enforcement

– – Expansion of theories and tools, 297
– – Focus, report, 260

– Inspector general, BNA interview, 948
– Light touch enforcement approach of Bush Admin., Schapiro criticizes, 813
– Resources to fight financial crime

See LEGISLATION, FEDERAL, HR 3995

– Sanctions for violations, study released, 611
– Whistleblower program authorized by Dodd-Frank Act

– – False statements submitted to program, DOJ will prosecute, 791
– – Proposed rules, 769

SELF-INCRIMINATION

– Act of production privilege, one-person corporations (2d Cir.), 109; guilty plea, 351
– Former corporate employee must produce records (Md.), 763

SENTENCING

– Accounting fraud, resentencing of Adelphia Communications defendants (U.S., rev den), 735
– Aggravated identity theft, offset of mandatory consecutive sentence (9th Cir.), 605
– Bookie, disgorgement of funds to satisfy client restitution obligation (7th Cir.), 149
– Boston “Big Dig” highway project fraud, probation criticized by prosecutor (D. Mass.), 391
– Drug marketed for off-label use, government calculation of loss (N.D. Cal.), 812
– Federal sentencing guidelines

– – Abuse-of-trust enhancement

– – – Imposters, actual relationship with victim (11th Cir.), 439
– – – Medicaid and Medicare billing fraud (5th Cir.), 393
– – – Nurse's theft of patient pain drugs (1st Cir.), 39
– – – Securities, pump-and-dump scheme (9th Cir.), 440

– – Bribery

– – – Government contractor, benefit received (3d Cir.), 257
– – – Police officer as public official in “sensitive position” (D.C. Cir.), 394

– – Cable television provider's loss from stolen signals (8th Cir.), 572
– – Charitable organization enhancement, expansive view (9th Cir.), 110
– – Corporations, compliance officer access to board, proposed changes, 81; hearing held, Special Report, 230; analysis, 335; Special Report, 678
– – Fraud defendant, below-guidelines probation sentence and restitution order (9th Cir.), 182
– – Lies during civil tax audit, obstruction of justice enhancement (9th Cir.), 76
– – Mortgage fraud, calculation of investor “loss” (2d Cir.), 893
– – “One book” rule, Ex Post Facto Clause (2d Cir.), 603
– – Resentencing

– – – Post-sentencing rehabilitation, consideration of (U.S., oral arg), 905
– – – Reduced sentence to reflect retroactive guidelines amendments cannot fall below minimum of amended guideline range (U.S., aff), 473

– – Tax loss calculation by extrapolation, unfairness of sample (4th Cir.), 147

– Insider trading, New Castle managing director denied “minor participant” sentence reduction (S.D.N.Y.), 432
– Jury trial right, determination of amount of fine (2d Cir.), 632
– Medicaid fraud, insurance broker receives record state sentence (Mo. Cir. Ct.), 433
– Plea bargains, defendant wrongly sentenced for felony instead of misdemeanor (10th Cir.), 937
– Pre-prepared written sentencing opinions, use discouraged (6th Cir.), 605
– Supervised release

– – Restitution as condition of (9th Cir.), 474
– – Revocation, due process rights (8th Cir.), 606

– Victim refusal of restitution, payment to Crime Victims Fund (10th Cir.), 143

SHIPS AND SHIPPING

– Pollution

– – Cargo ship fuel spill in San Francisco Bay, ship operator fine (N.D. Cal.), 138
– – Dumping of oil-tainted waste by cargo ship

– – – Engineer sentenced (E.D.N.C.), 602
– – – Panamanian firm pleads guilty (D. Md.), 500; company to pay fine, 661

– – Waste oil discharges, vessel firm pleads guilty (E.D. La.), 564; sentencing, 807

– Price fixing, marine hoses, Italian subsidiary, guilty plea (S.D. Tex.), 135

SOCIAL SECURITY

– Alteration of card to obtain driver's license (1st Cir.), 475
– Intentional use of fake SSN on IRS form, good-faith defense jury instruction (6th Cir.), 39

SOUTH CAROLINA

– Governor, fine and denial of ethics violations, 227

SPAM

– Va. law, limit to commercial messages, 154

STATE AND LOCAL GOVERNMENT

See specific states

STOCK OPTION BACKDATING

– Broadcom Corp., dismissal of suit against co-founder, DOJ appeal (C.D. Cal.), 32; DOJ drops appeals (9th Cir.), 396
– Brocade Communications CEO, guilty verdict (N.D. Cal.), 249; sentencing, 469
– KB Homes CEO, mixed verdict (C.D. Cal.), 273

STOCK PRICE MANIPULATION

See SECURITIES

SUPREME COURT, U.S.

– Designation of retired justice to hear cases

See LEGISLATION, FEDERAL, S 3871

– Honest services fraud

– – Alaska state legislator Weyhrauch, conviction vacated (vac), 459
– – Analysis of decisions, BNA Insights, 508
– – Enron CEO Skilling conviction (oral arg), 165; (aff in part and vac in part), 459; oral argument set on new trial motion (5th Cir.), 705
– – Fewer prosecutions likely after recent decisions, Special Report, 676
– – Impact of decisions on prosecutors, BNA Insights, 581
– – Intangible property theories in post-Skilling cases, BNA Insights, 741
– – Legislative response to recent decisions discussed at Senate hearing, 704
– – Media mogul Black, conviction vacated (vac), 459

– Insider trading, double jeopardy challenge by Enron Broadband executive (rev den), 767
– Mandatory Victims Restitution Act, missed statutory deadline does not bar entry of untimely order by court (aff), 436
– Natural gas transactions, accounting fraud, Dynegy exec conviction (rev den), 80
– Personnel

– – Kagan hearings, schedule, 366; reaction to nomination, 366; securities lawyers react, 366
– – Stevens retirement, 301

– Resentencing

– – Accounting fraud, Adelphia Communications defendants (rev den), 735
– – Post-sentencing rehabilitation, consideration of (oral arg), 905
– – Reduced sentence to reflect retroactive guidelines amendments cannot fall below minimum of amended guideline range (aff), 473

– Work product doctrine, Textron tax accrual papers, shield from IRS (rev sought), 23; (rev den), 407

SWITZERLAND

– Failure to disclose Swiss bank account, guilty plea (E.D. Va.), 135; attorney indicted for conspiracy, 521
– UBS bank accounts, tax evasion

See INTERNATIONAL DEVELOPMENTS