As the Justice Department ramps up its efforts to combat all forms of fraud, two of its top officials gave corporate compliance, legal, and risk professionals the straight dope on what they must do to keep their companies out of trouble.
In separate remarks at the Compliance Week 2010 conference last week, Acting Deputy Attorney General Gary Grindler and Criminal Division Assistant Attorney General Lanny Breuer made clear that the agency is moving full bore to prosecute financial fraud and corruption. That effort includes more resources for enforcement, a taskforce devoted to financial fraud, more aggressive tactics such as wiretaps and undercover agents, and increased cooperation and coordination with other law enforcement agencies both in the United States and abroad.
