Overview
Event Details
Please join Steptoe on Tuesday, July 13, for an interactive discussion with Congressman Raja Krishnamoorthi, current and former assistant US attorneys, and in-house legal and government affairs professionals on congressional and DOJ investigations into fraud and waste related to the CARES Act and COVID-19 relief funds.
As of March 26, 2021, approximately one year after the CARES Act was signed into law, the DOJ has publicly charged 474 defendants with criminal offenses based on fraud schemes connected to the COVID-19 pandemic. Further, the Supreme Court recently held in AMG Capital Management, LLC v. Federal Trade Commission (FTC) that Section 13(b) of the FTC Act does not authorize the FTC to seek, and a court to award, monetary relief such as restitution or disgorgement. Using these developments, we’ll reflect on the past year and examine current trends in oversight and enforcement to help forecast your potential risk.
This panel will touch on these topics and more, including:
- Potential areas for most COVID-19 related fraud and waste
- The roles of the fintech industry and bank partners in connection with PPP loans being issued to fraudulent, non-existent, or otherwise ineligible businesses
- Anti-money laundering and what companies dealing in cryptocurrency should do in terms of checks and balances
- DOJ priorities and investigations related to COVID-19 fraud, waste, and abuse
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Date: Tuesday, July 13, 2021
Time: 10:00 a.m. - 11:00 a.m. ET
Speakers:
Congressman Raja Krishnamoorthi, represents the 8th District of Illinois, which includes Chicago’s west and northwest suburbs, and serves on the House Permanent Select Committee on Intelligence, the Select Subcommittee on the Coronavirus Crisis, and the Committee on Oversight and Reform
Tyler C. Murray, Chief of the Financial Crimes Section at the United States Attorney's Office for the Northern District of Illinois; and COVID-19 Fraud Coordinator for the Northern District of Illinois
Ari Redbord, Head of Legal & Government Affairs at TRM Labs; former Senior Advisor to the Under Secretary for Terrorism and Financial Intelligence, US Department of Treasury; and former assistant US attorney in the US Attorney's Office for the District of Columbia
Jason M. Weinstein, Partner in Steptoe's Investigations & White-Collar Defense group; former deputy assistant attorney general of the DOJ's Criminal Division; and former assistant US attorney in the US Attorney's Offices for the Southern District of New York and the District of Maryland
Moderator Reem Sadik, Associate in Steptoe's Investigations & White-Collar Defense group
