TRAC - The federal prosecution of individuals charged with white collar crimes is significantly lower than it was 20 years ago, according to thousands of case-by case records analyzed by Syracuse University's Transactional Records Access Clearinghouse.
Records obtained under the Freedom of Information Act show that the overall decline began under President Clinton, and indicate that for the full 2015 fiscal year under President Obama such prosecutions will be at their lowest level since 1995.
The records indicate that during the first nine months of FY 2015, the government brought 5,173 white collar crime prosecutions. If the monthly number of these kinds of cases continues at the same pace until the end of the current fiscal year on September 30, the total will be only 6,897 such matters, about one third (36.8%) fewer than twenty years ago.
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