White-Collar Crime Probes Likely to Intensify Under Biden’s DOJ

President-elect Joe Biden’s Justice Department is likely to ramp up white-collar crime enforcement, putting Wall Street firms and corporate executives under greater scrutiny.

Fines and prosecutions of white-collar crimes fell during the Donald Trump administration, but lawyers are anticipating a ramp up that would return the government to its past practice of scrutinizing corporate wrongdoing. Robert Anello, a defense lawyer in New York, said his white-collar practice like many others in Manhattan, ground to a halt during the Trump administration.

High on the agenda for federal prosecutors are likely to be tax cheats and foreign-bribery cases, Anello and ...