In 2001, Fred Wilpon and Saul Katz, the owners of the New York Mets, decided to explore a fairly novel way of protecting the hundreds of millions of dollars they, their families and their businesses had invested with Bernard L. Madoff: they considered buying something called fraud insurance.The idea did not come out of nowhere.
The following excerpt from the US Department of Justice*'s Asset Forfeiture* US Attorney*'s Bulletin describes how civil forfeiture is governed for the benefit of asset recovery* practitioners.
Department of Justice on brink of releasing FCPA guidance David Quinones - Thursday, November 10, 2011 While it was just a brief comment during a lengthy speech, United States Assistant Attorney* General Lanny Breuer’s mention of impending guidance on... read more
