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The number of white collar prosecutions brought in U.S. federal courts in January hit their lowest point in more than two decades, researchers said Wednesday, citing data obtained from the U.S. Department of Justice.
According to a report from the Transactional Records Access Clearinghouse at Syracuse University, the number of white collar prosecutions in January was a "historic low" since the group began tracking monthly totals in October 1998. Compared to five years ago, the amount of January white collar prosecutions were down by 35.7 percent, according to TRAC.
“White collar prosecutions since President [Donald] Trump assumed office generally have been lower than in previous administrations,” the report says.
In January, federal prosecutors filed 337 new white collar cases, down 20.3 percent from the prior month and part of a five-month-long decline in such prosecutions, according to the study.
TRAC says its report is based on case-by-case information obtained via the Freedom of Information Act from the Executive Office for U.S. Attorneys.
Read more at: https://www.law360.com/trials/articles/1139259/white-collar-prosecutions-hit-record-low-in-january?copied=1
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