White Collar Crime Prosecutions and Convictions in 2018

White Collar Crime Prosecutions and Convictions in 2018

Last year white collar prosecutions fell to the lowest in 20 years, according to the case-by-case information analyzed by the Transactional Records Access Clearinghouse (TRAC) at Syracuse University. The available records show a steady downward trend, but for three years early in the Obama Administration, that began during the Clinton Administration.

Fraud Convictions in Fiscal Year 2018

In Fiscal Year 2018 the Department of Justice reports 5,131 convictions for various fraud crimes. Certain fraud crimes were more heavily prosecuted and resulted in convictions more so than others. The breakdown of fraud convictions in FY 2018 are reported as follows:

  • 654 new fraud-identity theft-aggravated convictions.
  • 593 new fraud-financial institution convictions.
  • 593 new fraud-tax convictions.
  • 493 new fraud-federal program convictions.
  • 439 new fraud-health care convictions.
  • 302 new fraud-other business convictions.
  • 292 new fraud-identity theft-other convictions.
  • 132 new fraud-other investment convictions.
  • 121 new fraud-computer convictions.
  • 91 new fraud-securities convictions.
  • 85 new fraud-mortgage convictions.
  • 60 new fraud-consumer convictions.
  • 56 new fraud-corporate convictions.
  • 54 new fraud-federal procurement convictions.
  • 51 new fraud-bankruptcy convictions.
  • 46 new fraud-advance fee schemes convictions.
  • 44 new fraud-intellectual property violations convictions.
  • 24 new fraud-against ins. provider convictions.
  • 18 new fraud-telemarketing convictions.
  • 14 new fraud-commodities convictions.
  • 969 new fraud-other convictions.

These figures represent only convictions for fraud crimes, and do not represent the number of convictions for all white collar crimes. For example, the DOJ reports 192 convictions for money-laundering crimes in FY 2018.

Decline in Prosecution Rates for White Collar Crimes

A decline in prosecutions of white collar crime reflects a shift in enforcement polices at the federal level and across the various law enforcement agencies. Data from the Department of Justice reveals that in the final month of FY 2018 (September), the largest number of federal prosecutions were for “Immigration” crimes, accounting for 66.6% of prosecutions. Other leading case-types filed for prosecution in September included: “Drugs-Drug Trafficking” cases accounting for 7.1%, “Weapons-Operation Triggerlock Major” cases accounting for 4.6%, and “Drugs-Organized Crime Task Force” accounting for 2.7% of filed prosecutorial cases.

Defending Against White Collar Criminal Charges

Ashley D. Adams understands the federal and state laws behind fraud prosecutions and knows how to cast doubt on whether a crime was committed. As a former fraud prosecutor with the United States Attorney’s Office, she knows how prosecutors operate and the best tactics to use to get criminal charges dropped or dropped to lesser charges.

There is no white collar criminal case that is too complex or too challenging for us. No matter how difficult your case may appear, contact Ashley D. Adams, PLC for the legal protection you need.

Contact our Arizona fraud and criminal defense attorneys on the web or call (480) 219-1366 for a consultation and case evaluation. There is no substitute for the type of experience and diligent legal representation that a high-quality attorney can provide.

We practice excellence, one client at a time.

Our firm handles state criminal cases throughout Arizona including the cities of Phoenix, Scottsdale, Glendale, Mesa, Tempe, Ahwatukee, Maricopa, Gilbert, Peoria, Surprise, Goodyear, Litchfield Park, Avondale, Chandler, Casa Grande, Florence, Queen Creek, Deer Valley, North Pinal and Sun City as well as those living in and around Maricopa County, Pinal County, Pima County, Yuma County and Yavapai County.

We handle federal criminal cases throughout the United States, including Arizona, Oklahoma, Utah, and California.