The FBI is becoming increasingly aggressive and sophisticated in its investigations of financial crime, noted Trace Schmeltz, an attorney at Chicago-based Barnes & Thornburg. Schmeltz, who has worked with prosecutors as well as defending clients in white collar cases, has watched investigators increasingly use “old mafia prosecution tactics” to break inside the veil of secrecy on Wall Street. He says the tactics are only going to get more aggressive and sophisticated. In the end even the most sophisticated Wall Street player won’t escape the law. FBI tactic in financial crime cases is to get insiders to cooperate Well known cases…
FBI Financial Crime Investigations Become Increasingly Sophisticated
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.