Despite the Biden administration’s pledge to crack down on corporate crime, a new analysis of Justice Department data shows that business prosecutions fell to a record low in fiscal year 2022 even as there appeared to be no shortage of wrongdoing—from healthcare fraud to large-scale price gouging.
The Transactional Records Access Clearinghouse (TRAC), a nonprofit data-gathering outfit, noted Thursday that out of the more than 4,000 federal white-collar prosecutions last year, “under 1% or only 31 of these defendants were businesses or corporate entities.”
“This is the lowest number of criminal prosecutions of business entities for white-collar offenses since federal prosecutor tracking began for these in FY 2004,” TRAC observed. “The decision to criminally charge a business in contrast to an individual for engaging in white-collar criminal activity is exceedingly rare (just 1%).”
TRAC also found that “the prosecution of white-collar offenders in FY 2022 reached a new all-time low since tracking began during the Reagan administration.”
While vowing to break with its predecessor […]
Great judge—-100 to 0 in Senate confirmation. Terrible AG!!! He’s not a prosecutor, he’s a deliberator.
I sense this might be the case.
Cree Hardegree has explained quite succinctly why there have been no indictments of certain people. Google him or look at his Facebook posts.
The swamp protects its own.
We need to stop the “Military Industrial Complex” from STEALING so much money, just to be the most “non-defencive” military in the world. We should just have a defencive not an offencive military!