May 28, 2013 | Crains New York Business
Manhattan District Attorney Cyrus Vance Jr. formed a unit to investigate illegal financial activities and work with the Internal Revenue Service, the Federal Bureau of Investigation and the U.S. Secret Service.
Twenty analysts assigned to the Financial Intelligence Unit will track financial crimes by reviewing data from banking, regulatory, law enforcement and open-source data and refer potential cases to Vance’s Major Economic Crimes Bureau, under which the new unit operates, Vance said today in a statement. The unit will also specialize in coordinating with outside agencies.Crains New York Business
May 21, 2013 | Thomson Reuters
New York state's legislators must do more to strengthen the state's archaic fraud laws if prosecutors are to keep up with the evolving nature of white-collar crime, Manhattan District Attorney Cyrus Vance said on Monday.
Vance, president of the state's district attorneys association, said New York's financial crime laws were hopelessly outdated, even as their federal equivalents have been frequently revised by congressional legislation in the wake of massive scandals like the savings and loan cases, the Enron Corp collapse and the housing market crisis.Thomson Reuters
May 8, 2013 | New York Post
The former janitor at an Upper West Side assisted living home is facing life without parole after a jury convicted him today of brutally beating and strangling a 95-year-old man who lived at the home.
Jurors were asked to literally connect the dots to convict crack-addled Wilfred Matthews of the slaying of WWII Coast Guard veteran Peter Lisi. Investigators had found drops of the victim's blood on the right sleeve of Matthews flannel jacket in his locker at the Williams Home on West End Avenue.New York Post
April 29, 2013 | Thomson Reuters
NEW YORK (Reuters) - Banks and credit card companies can play a crucial role in shutting down human traffickers by flagging the electronic fingerprints they leave behind, according to Manhattan District Attorney Cyrus Vance.
An estimated 14,000 to 17,000 people are smuggled into the United States each year and forced to work as domestic servants, laborers or in the sex trade, according to estimates from the DA's office.Thomson Reuters
April 21, 2013 | New York Amsterdam News
A major gang bust in East Harlem has taken 63 gang members off the street. Members from gangs including Air It Out, True Money Gang and Whoadey are responsible for 3 murders and more than 30 shootings, as well as assaults, firearms possession and gun trafficking, according to Manhattan District Attorney Cy Vance.New York Amsterdam News
April 14, 2013 | The Wall Street Journal
The millions of Americans who are rushing this weekend to file their tax returns to the Internal Revenue Service will be relieved to have beaten the April 15 deadline on Monday. But thousands of them, along with thousands of other taxpayers who have already filed, will be stunned when they learn in the coming weeks and months that their returns have been rejected.
Why would the IRS reject them? Because these taxpayers will turn out to have been the victims of identity-theft tax fraud. The increasingly common scam costs taxpayers $5 billion a year.The Wall Street Journal
April 14, 2013 | New York Daily News
Authorities dismantled a Manhattan coke ring that catered to the snow habits of the wealthy with door-to-door service — at $120 a gram — after a ringleader boasted on social media about living the high life.
Big-mouth accused kingpin Adrian (Ace) Rivera, 24, sparked the investigation when undercover cops began purchasing large amounts of cocaine from him in early 2011, NYPD Commissioner Raymond Kelly said Friday in announcing the takedown.New York Daily News
April 4, 2013 | CBS New York
NEW YORK (CBSNewYork/AP) – Authorities say 63 people have been indicted in a crackdown against three violent Manhattan street gangs.
Manhattan District Attorney Cy Vance Jr. and Police Commissioner Ray Kelly say the crimes date back to at least 2009. They include three murders and more than 30 shootings as well as assaults and gun trafficking.
The rival street gangs, known as Air It Out, True Money Gang and True Money Bosses, were battling for control over a section of East Harlem.CBS New York
February 19, 2013 | The Wall Street Journal
The successful prosecution last month of a California man in the killings of two young New York City women in the 1970s was the most dramatic sign that a revival in unsolved murder investigations was under way across the city.
The surge comes despite the decimation of the New York Police Department cold-case squad, a once-vaunted unit that lost resources as the department shifted money and personnel to fight terror.The Wall Street Journal
January 11, 2013 | New York Daily News
In his State of the State address on Wednesday, Gov. Cuomo pledged his support for important legislative measures to combat human trafficking — a crime that does not often make headlines, but whose victims are in desperate need of our support and protection.
Take the case of Lamont Brunson, recently prosecuted by my office for sex trafficking. To show his ownership over a 17-year-old victim — a girl who’d been forced into prostitution starting at age 12 — Brunson branded her body with a tattoo of his street name.New York Daily News