DOJ

September 14, 2009 -- According to figures released today by the FBI, the estimated number of violent crimes in the nation declined for the second year in a row. Property crimes also declined in 2008, marking the sixth straight year the collective estimates for these offenses dropped below the previous year’s total.

The statistics show that the estimated volume of violent crimes declined 1.9 percent, and the estimated volume of property crimes decreased 0.8 percent in 2008 when compared with 2007 estimates. The 2008 violent crime rate was 454.5 offenses per 100,000 inhabitants (a 2.7 percent decrease from the 2007 rate), and the property crime rate was 3,212.5 per 100,000 persons (a 1.6 percent decrease from 2007).    » read more »

August 31, 2009 -- WASHINGTON - A federal court in Newark, N.J., denied Schering-Plough Corp. a $473 million refund in connection with two transactions in which Schering-Plough sought to avoid taxation on $690 million in profits it repatriated from offshore subsidiaries into the United States.

In 1991 and 1992, Schering-Plough entered into Strippable Increasing Principal Swaps (STRIPS) transactions created by its financial advisor, Merrill Lynch. These transactions involved interest rate swap agreements with most of the receive legs assigned to Schering-Plough's controlled Swiss subsidiaries. The transactions were designed to bring previously untaxed profits made by Schering-Plough's foreign subsidiaries into the United States without paying the tax owed on repatriation.    » read more »

August 25, 2009 -- Preet Bharara, the U.S. Attorney for the Southern District of New York, and Joseph M. Demarest, Jr., the Assistant Director-in-Charge of the New York Office of the FBI, announced the arrest this morning of Hassan Nemazee, the Chairman and Chief Executive Officer of Nemazee Capital Corporation, in connection with a scheme to defraud Citibank, N.A. (Citibank).    » read more »

August 25, 2009 -- WASHINGTON—Japanese electronics manufacturer Epson Imaging Devices Corporation (Epson) agreed to plead guilty and pay a $26 million criminal fine for its role in a conspiracy to fix prices in the sale of Thin Film Transistor-Liquid Crystal Display panels (TFT-LCD) sold to Motorola Inc., the Department of Justice announced today.    » read more »

Defendant Admits Role as Agent of the Russian Federation and in Money Laundering Conspiracy

August 27, 2009 -- WASHINGTON—Acting U.S. Attorney Kent S. Robinson and David Kris, Assistant Attorney General for National Security, announced today that Nathaniel James Nicholson, 25, of Eugene, Oregon, appeared before U.S. District Judge Anna J. Brown and pled guilty to the crimes of conspiracy to act as an agent of a foreign government and conspiracy to commit money laundering.

The maximum penalties for those crimes are five years in prison and a fine of $250,000, and 20 years in prison and a fine of $500,000, respectively. Judge Brown scheduled sentencing on January 25, 2010.    » read more »

August 24, 2009 -- ANCHORAGE, AK—United States Attorney Karen L. Loeffler announced that on August 21, 2009, lead defendant Lance Lockard was sentenced to 70 months in prison for his leadership of a large-scale mortgage fraud scheme.    » read more »

August 25, 2009 -- WASHINGTON—Lee William Dubois, a former Department of Defense (DoD) contractor, was sentenced today to three years in prison for his participation in a scheme to steal fuel worth approximately $39.6 million from the U.S. Army in Iraq, announced Assistant Attorney General of the Criminal Division Lanny A. Breuer and U.S. Attorney for the Eastern District of Virginia Dana J. Boente.    » read more »

August 27, 2009 -- WASHINGTON—James M. Davis, 60, the former chief financial officer of Houston-based Stanford Financial Group (SFG), pleaded guilty today to fraud and obstruction charges related to a $7 billion scheme to defraud investors, Lanny A. Breuer, Assistant Attorney General of the Criminal Division, and Tim Johnson, the U.S. Attorney for the Southern District of Texas, announced.

Davis was charged in a criminal information, filed on June 18, 2009, with conspiracy to commit mail, wire and securities fraud; mail fraud; and conspiracy to obstruct a U.S. Securities and Exchange Commission (SEC) investigation. The criminal information also seeks forfeiture of up to $1 billion in fraud proceeds.    » read more »

July 1, 2009 -- WASHINGTON – A retired U.S. military official pleaded guilty to bribery and conspiracy charges relating to Department of Defense (DOD) contracts in Afghanistan, the Department of Justice announced today.    » read more »

In Letter to Attorney General Holder, Brown Expresses Concerns Over Release of Economic Recovery Funds for Community Oriented Policing Services Hiring Recovery Program

June 23, 2009 -- WASHINGTON, D.C. – In a letter sent today to Attorney General Eric Holder, U.S. Senator Sherrod Brown (D-OH) expressed concern over the implementation of the Community Oriented Policing Services Hiring Recovery Program included in the economic recovery package. Brown emphasized how funding for the program is essential for hiring and rehiring law enforcement officers to keep communities safe. The full text of the letter can be found below.

June 17, 2009

Hon. Eric Holder
Attorney General
U.S. Department of Justice
950 Pennsylvania Avenue, NW
Washington, DC 20530-0001    » read more »

June 22, 2009 -- Five individuals pleaded guilty today in federal court in Detroit for their roles in a wide-ranging international stock fraud scheme involving the illegal use of bulk commercial e-mails, or "spamming."    » read more »

Stanford Financial Group Executives and Former Chairman of Antiguan Bank Regulator Indicted for Fraud and Obstruction; Charges Related to $7 Billion Dollar Scheme to Defraud Investors

June 19, 2009 -- Robert Allen Stanford, 59, chairman of the Houston-based Stanford Financial Group (SFG), three SFG executives and the former chief executive officer of the Antiguan bank regulatory agency have been indicted on fraud and obstruction charges related to a $7 billion scheme to defraud investors.    » read more »

Two Military Officials Plead Guilty to Bribery, Fraud and Conspiracy Related to Defense Contracts in Afghanistan; Third Military Official Pleads Guilty to Receiving Stolen Property

June 19, 2009 -- Four Contractors and Four Contracting Companies Also Charged with Related Crimes

Two U.S. military officials pleaded guilty to various bribery, fraud and conspiracy charges relating to Department of Defense (DOD) contracts in Afghanistan. A third military official pleaded guilty to receiving stolen property, which was obtained through the bribery conspiracy. In addition, four DOD contractors and four affiliated contracting companies were indicted for their roles in paying bribes to the military officials and otherwise defrauding the United States.    » read more »

June 17, 2009 -- "I welcome Attorney General Holder back to the Senate Judiciary Committee, as we continue our oversight of the Justice Department. I commend the Attorney General and his team for their hard work and commitment to the difficult task of once again making the Department of Justice an agency worthy of its name.    » read more »

Cardin Calls On Ag Holder To Aggressively Combat Predatory Lending Practices; Senator also announces July hearing on GTMO detainees

June 17, 2009 -- Washington, DC – U.S. Senator Benjamin L. Cardin (D-MD), a member of the Senate Judiciary Committee, participated today in the first oversight hearing with Attorney General Eric Holder. During the hearing, Senator Cardin called upon the Department of Justice (DOJ) to investigate allegations of predatory lending across the country.    » read more »