Ng Chong Hwa, better known as Roger Ng, is a Malaysian national who ran Goldman Sachs’ operations in Malaysia from 2012 to 2014. According to his former Goldman colleague Timothy Leissner’s trial testimony, between 2012 and...more
Can a court order a criminal defendant to forfeit property the defendant never actually obtained? - That was the central question facing the U.S. Court of Appeals for the Second Circuit in United States v. Elias, decided...more
On October 14, the DOJ announced the unsealing of an indictment charging a Cambodian national as the leader of a transnational criminal organization (TCO) that allegedly operated “forced-labor scam compounds” in Cambodia....more
Group of Major Global Banks Exploring Stablecoin Focused on G7 Currencies On Oct. 10, a major French multinational bank announced that a group of leading international banks is jointly exploring the potential issuance of...more
Dr. Seth Fishman was a veterinarian who developed, manufactured, and sold performance enhancing drugs (PEDs) for horses. Fishman and his salesperson (and codefendant) Lisa Giannelli sold the PEDs—which standard horse-racing...more
On May 5, 2025, the Christian Democratic Union of Germany (CDU) and the Christian Social Union (CSU) entered into a coalition agreement (Coalition Agreement) with the Social Democratic Party of Germany (SPD) (together with...more
On September 6, 2024, Wynn Las Vegas (“Wynn LV”) agreed to forfeit over $130 million to resolve a criminal investigation into the gaming giant’s suspected violated federal anti-money laundering (“AML”) laws. Daniel Silva, a...more
On March 7, 2024, Deputy Attorney General Lisa Monaco announced the Department of Justice (DOJ) would release a new whistleblower rewards program for civil and criminal forfeitures. On August 1, 2024, DOJ did just that—as the...more
The Ninth Circuit recently affirmed the denial of the United States’ second motion for preliminary order of forfeiture of the Mongol Nation’s trademarks. The Ninth Circuit held that the Racketeer Influenced and Corrupt...more
On 24 May 2022, Glencore International AG announced a series of coordinated resolutions with various international enforcements agencies including the Department of Justice (”DOJ”), the Commodity Futures Trading Commission...more
Last week, the Attorney General and a host of other Department of Justice (DOJ) officials announced the settlement of a massive Foreign Corrupt Practices Act (FCPA) and market manipulation case against Glencore plc...more
The Second Circuit (Pooler, Jacobs, Wesley) issued an opinion holding that a criminal forfeiture order in an insider trading case is not limited to the amount of funds acquired through illegal activity but may extend to the...more
There is a popular vintage Harley Davidson t-shirt that says “Tough Guys Finish First.” That may be true. But, sometimes, to finish first, one does not need more tough guys; one needs more lawyers, as a crime-related matter...more
On December 10, 2018, Olympus Medical Systems Corporation and a former quality manager at the company pleaded guilty to introducing misbranded medical devices into interstate commerce in violation of the Federal Food, Drug...more