Daniel Kahn, acting chief of the Department of Justice’s Fraud Section, had a wealth of information to share with compliance officers during a panel discussion at Compliance Week’s “Financial Crimes Risks, Trends, and Proven Practices” virtual conference Tuesday.
To kick off the discussion, a question was posed to Kahn as to whether companies can expect a return of industry sweeps, which have waned in recent years. Unlike a typical government investigation, an industry sweep is an inquiry that develops out of alleged violations by one company that enforcement agencies suspect may reflect an industry-wide pattern of wrongdoing.
