London Daily

Focus on the big picture.
Thursday, Jul 10, 2025

US Department of Justice to Launch Crackdown on Corporate Crime 'in Weeks to Come'

US Department of Justice to Launch Crackdown on Corporate Crime 'in Weeks to Come'

The department took a more lenient stance towards private companies under the Trump administration, who preferred to reduce regulations for corporations and trim the taxes they pay.

Some of the largest corporations operating in the US are going to face a crackdown for their misconduct in the coming weeks, Department of Justice Principal Associate Deputy Attorney-General John Carlin has announced in an interview with the Financial Times.

"There are going to be serious consequences. You should expect in the days, months, years to come an unprecedented focus by attorney general [Merrick Garland] on corporate accountability. Now is the time to get the house in order, focus on compliance, because there [are] going to be tough enforcement actions coming out of the department if you do not do so".


One of the DOJ's focuses in this crackdown will be companies that violate the provisions of deferred prosecution agreements they've signed in the past to postpone criminal charges in exchange for a fine. Such agreements allowed the firms to correct their mistakes and eliminate their wrongdoings.

Yet, not all firms have used this properly. They will be getting notices from the DOJ very soon saying that the department will be taking action against them, according to Carlin.

Another point of interest for the DOJ is companies' compliance systems or rather lack thereof. Businesses' compliance departments and third-party observers monitor their activities so that they don't violate the laws of the country they operate in. Carlin said that the US government will now be taking action against those corporations that failed to put these systems in place.

New Normal for US-Based Companies?


The announced crackdown is another sign of a shift in US policies towards businesses and especially large corporations. Last month, Deputy Attorney General Lisa Monaco said that companies would have to identify all the people involved in misconduct when seeking deferred prosecution agreements with the DOJ. Previously, they only had to identify key individuals "substantially involved in the criminal conduct".

Monaco also said that the DOJ would be taking the firm's history of wrongdoing into account when it investigates its current activities for misconduct.

The change follows years of falling levels of corporate crime prosecutions, which hit a 25-year rock bottom in 2020 under the Trump administration. The latter was perceived by experts as taking a laissez-faire stance, where the government tries to stay away from getting too involved in how businesses operate.

The Biden administration, for its part, pledged to crack down on corporate crimes.

Newsletter

Related Articles

0:00
0:00
Close
Severe Heatwave Claims 2,300 Lives Across Europe
NVIDIA Achieves Historic Milestone as First Company Valued at $4 Trillion
Declining Beer Consumption Signals Cultural Shift in Germany
Linda Yaccarino Steps Down as CEO of X After Two Years
US Imposes New Tariffs on Brazilian Exports Amid Political Tensions
Azerbaijan and Armenia are on the brink of a historic peace deal.
Emails Leaked: How Passenger Luggage Became a Side Income for Airport Workers
Polish MEP: “Dear Leftists - China is laughing at you, Russia is laughing, India is laughing”
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Weinstein Victim’s Lawyer Says MeToo Movement Still Strong
U.S. Enacts Sweeping Tax and Spending Legislation Amid Trade Policy Shifts
Football Mourns as Diogo Jota and Brother André Silva Laid to Rest in Portugal
Labour Expected to Withdraw Support for Special Needs Funding Model
Leaked Audio Reveals Tory Aide Defending DEI Record
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
London Stock Exchange Faces Historic Low in Initial Public Offerings
A new online platform has emerged in the United Kingdom, specifically targeting Muslim men seeking virgin brides
Trump Celebrates Independence Day with B-2 Flyover and Signs Controversial Legislation
Boris Johnson Urges Conservatives to Ignore Farage
SNP Ordered to Update Single-Sex Space Guidance Within Days
Starmer Set to Reject Calls for Wealth Taxes
Stolen Century-Old Rolls-Royce Recovered After Hotel Theft
Macron Presses Starmer to Recognise Palestinian State
Labour Delayed Palestine Action Ban Over Riot Concerns
Swinney’s Tax Comments ‘Offensive to Scots’, Say Tories
High Street Retailers to Enforce Bans on Serial Shoplifters
Music Banned by Henry VIII to Be Performed After 500 Years
Steve Coogan Says Working Class Is Being ‘Ethnically Cleansed’
Home Office Admits Uncertainty Over Visa Overstayer Numbers
JD Vance Questions Mandelson Over Reform Party’s Rising Popularity
Macron to Receive Windsor Carriage Ride in Royal Gesture
Labour Accused of ‘Hammering’ Scots During First Year in Power
BBC Head of Music Stood Down Amid Bob Vylan Controversy
Corbyn Eyes Hard-Left Challenge to Starmer’s Leadership
London Tube Trains Suspended After Major Fire Erupts Nearby
Richard Kemp: I Felt Safer in Israel Under Attack Than in the UK
Cyclist Says Police Cited Human Rights Act for Riding No-Handed
China’s Central Bank Consults European Peers on Low-Rate Strategies
AI Raises Alarms Over Long-Term Job Security
Saudi Arabia Maintains Ties with Iran Despite Israel Conflict
Musk Battles to Protect Tesla Amid Trump Policy Threats
Air France-KLM Acquires Majority Stake in Scandinavian Airlines
UK Educators Sound Alarm on Declining Child Literacy
Shein Fined €40 Million in France Over Misleading Discounts
Brazil’s Lula Visits Kirchner During Argentina House Arrest
Trump Scores Legislative Win as House Passes Tax Reform Bill
Keir Starmer Faces Criticism After Rocky First Year in Power
DJI Launches Heavy-Duty Coaxial Quadcopter with 80 kg Lift Capacity
U.S. Senate Approves Major Legislation Dubbed the 'Big Beautiful Bill'
Largest Healthcare Fraud Takedown in U.S. History Announced by DOJ
×