The Justice Department is providing more detail on when it will avoid prosecuting criminally-exposed individuals who report corporate misconduct, building out a Manhattan-specific initiative to the rest of the country.
A nationwide pilot program posted online Monday covers individuals who voluntarily disclose to DOJ’s Criminal Division money laundering violations, foreign or domestic bribery, health care fraud and other white collar schemes. They’ll be eligible for a non-prosecution agreement, provided they fully cooperate, return ill-gotten profits, and meet other conditions, the department said.
DOJ is messaging the program as a reminder to companies who may opt against self-reporting crimes if they ...
Learn more about Bloomberg Law or Log In to keep reading:
Learn About Bloomberg Law
AI-powered legal analytics, workflow tools and premium legal & business news.
Already a subscriber?
Log in to keep reading or access research tools.