Financial Fraud Law

Recent Posts

Prosecutors’ Rush to Join Private Law Firms Accelerates
Posted on 30 Jan 2014 by Steven A. Meyerowitz

The wave of financial fraud prosecutors joining private law firms is continuing – in fact, it appears to be accelerating. Consider that, in just the past couple of days, David Meister, who ran the enforcement unit at the Commodity Futures... Read More

Former Wilmington Trust Officer Charged with Bank Fraud, Bribery, and Money Laundering
Posted on 11 Feb 2014 by Steven A. Meyerowitz

Brian D. Bailey, a former officer for the Wilmington Trust Corporation, has been charged in a 14 count indictment with nine counts of bank fraud and one count each of conspiracy to commit bank fraud, conspiracy to commit bank bribery, corruptly receiving... Read More

A Clue About #8 in Financial Fraud Law for the Year: Look at Bryan Cave’s Next Firm-Wide Leader
Posted on 26 Dec 2013 by Steven A. Meyerowitz

As the Financial Fraud Law Blog continues its countdown of the Top 10 in Financial Fraud Law for the year, we are going to begin with a clue: Bryan Cave. Give up? The clue is relevant to our Top 10 list because the international law firm has just... Read More

Pharmacy Preyed On HIV Patients While Fraudulently Billing Medicaid for Millions, Prosecutors Assert
Posted on 11 Mar 2014 by Steven A. Meyerowitz

Three men have been arrested on charges that they defrauded government-funded health care programs by buying back prescriptions and billing Medicaid as if the medication had been dispensed. The two owners of 184th Street Pharmacy in the Bronx, along with... Read More

Lawyer Gone Bad: Sentenced to Prison for Laundering Purported Stock Fraud Proceeds
Posted on 31 Jan 2014 by Steven A. Meyerowitz

Michael J. Scaglione, an attorney in Coral Gables, Florida, has been sentenced in federal court in Brooklyn, New York, to six months in prison, to be followed by four months of home detention with electric monitoring to be served during a two-year term... Read More

Fuel for Crime, Corruption and Tax Evasion: US$68.9 Billion Flowed Illegally Into or Out of Emerging EU Economies
Posted on 3 Feb 2014 by Steven A. Meyerowitz

Nearly US$70 billion in illicit financial flows – the proceeds of crime, corruption, and tax evasion – flowed into or out of developing and emerging European Union member-states in 2011, according to newly released information from Global... Read More