Washington, D.C. – U.S. Senators Olympia J. Snowe (R-Maine) and Sheldon Whitehouse (D-RI) in the present day launched laws to strengthen the Federal Bureau of Investigation’s (FBI) monetary crime investigation unit by hiring 1,000 new brokers devoted to white-collar crimes. The “FBI Priorities Act,” which authorizes $150 million in every of the subsequent 5 years for the enlargement, mirrors the steps taken by the FBI following the September eleventh terrorist assaults through which roughly 1,000 brokers had been re-directed to counter-terrorism and counter-intelligence actions.
“The corrupt abuses and greed of Wall Avenue that contributed to the worldwide monetary disaster and proceed to wreak havoc on our financial system and have to be totally investigated. The general public is rightfully outraged and so are we,” Senator Snowe mentioned. “We should be sure that the FBI has the satisfactory assets to deliver these culprits to justice and assure that hardworking People’ pocketbooks and pensions won’t ever be susceptible to such market and lending abuse once more.”
“Mortgage fraud and white collar crime have probably price many 1000’s of People their properties, and we need to see these crimes investigated and prosecuted totally,” mentioned Whitehouse, a former U.S. Legal professional and Legal professional Common for Rhode Island. “We’d like to verify the FBI has ample assets to do this.”
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