Akin Snags Former Frauds and Cybercrime Federal Prosecutor

Sept. 21, 2021, 6:17 PM

Akin Gump has added former federal prosecutor Ian McGinley as a New York partner in its white-collar defense and government investigations practice.

McGinley is a former co-chief of the complex frauds and cybercrime unit in the U.S. Attorney’s Office for the Southern District of New York.

He joins three other former attorneys from the Southern District office. They include Katherine Goldstein, who joined Akin Gump last year and who was chief of the securities and commodities fraud task force while McGinley was one of its members.

Firms have been stocking their ranks with prosecutorial expertise to prepare for any uptick in white-collar investigations and prosecutions under the Biden administration.

“Our team is fortunate to be exceptionally busy, and we expect client demand to grow even further with increasing regulatory investigations and aggressive government enforcement,” Jim Benjamin, a leader of Akin Gump’s white-collar and government investigations practice, said in a statement.

Akin Gump Strauss Hauer & Feld is No. 32 on the 2021 AmLaw list of the largest 100 law firms, with some $1.2 billion in gross revenues. The firm has around 900 lawyers, with a contingent of former prosecutors from several federal districts.

During his stint on the fraud task force, McGinley supervised a team of about 20 senior prosecutors, overseeing the investigation and prosecution of a range of white-collar crimes including investment fraud, Foreign Corrupt Practices Act violations, and health care and tax fraud.

Among the cases he was involved in, according to Akin Gump, were a prosecution of a hedge fund manager charged with fraudulently inflating the fund’s portfolio valuation and the trial conviction of Abu Hamza al-Masri, a terrorist leader who supported al-Qaeda.

McGinley also oversaw pandemic-related cases in his role as coronavirus fraud coordinator. That included fraud involving the federal Paycheck Protection Program and other government stimulus programs.

Early in his career, McGinley as an associate at Gibson, Dunn & Crutcher.

To contact the reporter on this story: Elizabeth Olson at egolson1@gmail.com
To contact the editor on this story: Chris Opfer at copfer@bloombergindustry.com;
John Hughes at jhughes@bloombergindustry.com

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