FBI pursuing fewer white-collar crime cases, group finds
http://www.mcclatchydc.com/2013/09/24/203100/fbi-pursuing-fewer-white-collar.html
FBI pursuing fewer white-collar crime cases, group finds
Posted on Tuesday, September 24, 2013
By WALTER HAMILTON | Los Angeles Times
The FBI has recommended only 2,001 white-collar cases for criminal prosecution so far this fiscal year, on pace for a nearly 7 percent drop from last year, according to a report Tuesday by a research group affiliated with Syracuse University.
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Typically, the FBI investigates potential wrongdoing and recommends cases to the Justice Department, where federal prosecutors make final decisions about whether to file cases.
Despite concerns about widespread wrongdoing on Wall Street, the number of white-collar prosecutions recommended by the FBI has plummeted 45.2 percent in the past decade, according to government data obtained by TRAC.
It's not for a lack of resources. The number of criminal investigators has risen, to 13,812 this year from 11,097 in 2001.