Incisive commentary from leading voices in the world of compliance

06 Mar 2017
Published in Article

Should we abolish cash?

Think back to that famous image from The Sopranos. The main character, Tony Soprano, is the head of a fictional Mafia organisation dominating organised crime in New Jersey – a multimillion pound outfit behind an array of financial crimes from bookmaking, to racketeering, to loan sharking. In the garden of his family home lie massive containers, stuffed full of gigantic wads of cash.

02 Mar 2017
Published in Article

United States v. Sheth: forfeiture and restitution

As part of the plea agreement, the Government agreed to credit any assets recovered under the forfeiture laws to Defendant’s restitution obligation. The Government did recover various assets and did credit them to the restitution order, but Defendant objected that he was not given credit for the assets’ full value.