The analysis released Tuesday by Syracuse University’s Transactional Records Access Clearinghouse (TRAC) found that the Justice Department prosecuted just 359 white-collar criminals in January, a decline of 25% from five years ago. TRAC has been recording data on white-collar prosecutions since 1986.
Federal white-collar prosecutions have fallen from their peak of over 1,000 in June 2010 and February 2011,” the study found. “During the Obama administration in [fiscal year] 2011, they reached over 10,000. If prosecutions continue at the same pace for the remainder of FY 2020, they are projected to fall to 5,175—almost half the level of their Obama-era peak.” Continue reading.