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The Federal Bureau of Investigation (FBI) used to be the go-to federal law enforcement agency for cracking down on white-collar crime. But both recent and historical data reveals that the FBI is pursuing far fewer of these cases.
The Transactional Records Access Clearinghouse (TRAC), a nonpartisan government watchdog located at Syracuse University, found that FBI white-collar crime cases recommended for prosecution are down significantly so far this year, based on government records obtained from the U.S. Department of Justice.
If the FBI maintains its pace for the remainder of 2013, the bureau’s total will be down nearly 7% from the previous year, TRAC concluded.
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