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White-collar prosecutions in general have been trending downward for years, according to TRAC. In August, it reported that such prosecutions have dropped by more than 50% over the last 10-year period, though that report doesn't include certain corruption-related and money laundering offenses.
During the first nine months of fiscal year 2021, the federal government reported 3,545 new white-collar crime prosecutions. If that trend continues, the group estimates a total of 4,727 for the end of the year.
The 2021 estimate is up 11% over the numbers for the past fiscal year — an uptick the group attributed to depressed prosecution levels in 2020 due to the pandemic — but overall, the data shows white-collar prosecutions continuing a long-term downward slide.
TRAC said the 2021 year-end estimate is also down 53.5% from 2011 levels and 50.3% compared to the 9,507 prosecutions reported in 2001.
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