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Bringing good tidings to fraudsters, monopolists, identity thieves and for-profit arsonists, new data from the Department of Justice show white-collar prosecutions hit an all-time low in January.
Those are the bracing findings of Syracuse University’s Transactional Records Access Clearinghouse, which reported Wednesday a 35.7 percent dip in such cases from five years ago.
“White-collar prosecutions since President Trump assumed office generally have been lower than in previous administrations,” the researchers said, citing data obtained via the Freedom of Information Act.
Of the 337 new white-collar prosecutions brought in January by the U.S. Department of Justice, 42 went to magistrate courts.
“These courts handle less serious misdemeanor cases, including what are called ‘petty offenses,’” says the report from TRAC.
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