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Justice Department Gets Tougher on Corporate Crime

wall-streetBy Steve Neavling
ticklethewire.com

The Justice Department is turning up the heat on corporations.

On Monday, the Justice Department notified federal prosecutors that there is no immunity for corporations that don’t disclose all relevant facts about employees involved in an investigation, Reuters reports. 

“In the past, cooperation credit was a sliding scale of sorts and companies could still receive at least some credit for cooperation, even if they failed to fully disclose all facts about individuals,” Deputy Attorney General Sally Quillian Yates said in prepared remarks at an American Bar Association conference on money laundering.

“That’s changed now.”

The Justice Department appears to be bending to pressure by advocacy groups that have accused the federal government of going easy on corporations involved in wrongdoing.


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