The lead investigative agency to bring white-collar prosecutions from October 2017 through April 2018 was the Federal Bureau of Investigation, which accounted for 32.7 percent of cases, followed by the Secret Service with 10.8 percent, the Internal Revenue Service with 10.1 percent and the Postal Service with 8.7 percent.
So far in fiscal 2018, the federal prosecutor’s office in Manhattan continues to be the most active, bringing 76 white-collar cases per 1 million people. The office in south Florida ranks second with 59. There are 17.2 white-collar prosecutions per 1 million people in the U.S.
Jonathan Sack, a former federal prosecutor in Brooklyn, New York, said many white-collar cases are built on large volumes of electronic data, which tend to prolong investigations.
“I would hesitate to conclude too much from an apparent decline in the number of white-collar prosecutions,” he said. “The current numbers no doubt have many causes, including the length of time it now takes to investigate some white-collar offenses, not a decline in effort or interest on the part of law enforcement agencies.”
This article was provided by Bloomberg News.