New York’s district attorneys have launched a White-Collar Crime Task Force in an effort to strengthen anti-fraud and anti-corruption laws they say have not kept up with the times.
Manhattan District Attorney Cyrus Vance, Jr., president of the state District Attorneys Association, said in a press release issued yesterday that the task force will be cochaired by Manhattan Chief Assistant District Attorney Daniel Alonso and Erie County District Attorney Frank Sedita III.
Vance wrote in an essay in yesterday’s Law Journal that the federal government has responded to financial scandals with new policies, laws and regulations designed to combat “ever changing scams that are limited only by human ingenuity.”
By contrast, he said, New York State has reacted with “near silence,” doing little to adopt its laws to “the modern problem white-collar crime presents.”
“From the corner bodega to the world’s biggest Fortune 100 corporations, local business in New York is our most important financial resource,” Vance said in the essay. “We need to bring our white-collar crime laws into the 21st century to protect that asset and our individual citizens.”
The task force includes district attorneys, assistant district attorneys, private practitioners and academics. It will recommend legislative and executive changes to modernize enforcement of the laws and make them more effective, Vance said in his press release.
Other members of the task force are David Anders, Wachtell, Lipton, Rosen & Katz; Catherine Christian, executive assistant district attorney, Office of the New York City Special Narcotics Prosecutor; Steven M. Cohen, Zuckerman Spaeder; Sandra Doorley, Monroe County District Attorney; Christina Dugger, chief assistant U.S. attorney, Eastern District; William Fitzpatrick, Onondaga County District Attorney; Daniel French, Bond, Schoeneck & King.
Barry Ginsberg, chief risk management officer, New York State Department of Taxation & Finance; Owen Heimer, Marsh; Nancy Hoppock, New York University School of Law; Mitra Hormozi, Kirkland & Ellis; Andrew Hruska, King & Spalding; Lawrence Iason, Morvillo, Abramowitz, Grand, Iason, Anello & Bohrer; Adam Kaufmann, executive assistant district attorney, Manhattan; Andrew Lankler, Lankler & Carragher; Maureen McCormack, chief, economic crimes bureau, Suffolk County District Attorney’s Office; John Moscow, Baker & Hostetler.
James Murphy, Saratoga County District Attorney; Daniel Richman, Columbia Law School; Albert Rosenblatt, former judge, New York Court of Appeals, NYU School of Law; John Ryan, chief assistant district attorney, Queens County; Karen Patton Seymour, Sullivan & Cromwell; David Szuchman, chief, cybercrime and identity theft bureau, Manhattan District Attorney’s Office; Toby Thacher, Thacher Associates.
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