When it comes to compensating crime victims, the sacred cow of untouchable pension funds now may be a cash cow for federal prosecutors wanting to tap white-collar defendants for substantial restitution.

A recent 9th U.S. Circuit Court of Appeals ruling is the first appellate decision in the nation to hold that the Mandatory Victims Restitution Act (MVRA) of 1996 trumps federal retirement law that bars confiscation of pensions to pay debts.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]