FBI Reduces Time Spent on White Collar Crimes by 7%
Ever wonder why no one on Wall Street was charged in connection with the 2008 financial crisis?
The FBI will have even less time investigating Wall Street after the bureau reduced the amount of time its agents spend on white-collar crime, the Los Angeles Times reports.
The FBI has reduced its recommendation for white-collar criminal prosecution by 7%.
The new recommendation is 2,001, according to a report by the Transactional Records Access Clearance.
The reduction continues a years-long drop in white-collar crime investigations, the LA Times reported.
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