TRAC: White-collar crime prosecutions down

Monday, April 23, 2012, By News Staff

According to the (TRAC), the latest available data from the Justice Department show that in January 2012 the federal government prosecuted 546 individuals in white-collar crime cases, down 13 percent from the previous month and down more than 40 percent since August 2011, when there were 930 such prosecutions reported.

A significant portion of this drop can be attributed to the decreased usage of 18 USC 1028A-Aggravated Identity Theft, which in August was the lead charge in 154 white collar prosecutions. In January, this statute was cited as the lead charge only 25 times.

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TRAC is a data gathering, data research and data distribution organization at ºÚÁϲ»´òìÈ. The purpose of TRAC is to provide the American people—and institutions of oversight such as Congress, news organizations, public interest groups, businesses, scholars and lawyers—with comprehensive information about staffing, spending and enforcement activities of the federal government.