Thu, Jun 11, 2020

Bruce Dubinsky Discusses Potential White-Collar Crime Surge in Connection with Pandemic

In a recent The Crime Reporter article, Bruce Dubinsky, Managing Director in the Disputes Consulting practice, discusses how the COVID-19 economic shutdown is expected to lead to an upsurge in white-collar crimes. During a University of Maryland expert panel, the speakers identified a myriad of potential problems that can result from the pandemic, from price-gouging personal protective equipment to insider tradinto accounting fraud.

“Despite the market bounce back, seven months down the road, when earnings are released and companies can’t make their numbers, there are going to be issues,” Bruce indicated. He continued, “At the corporate level, the pressure is going to increase dramatically to cook the books. The wave is going to continue until first quarter and second-quarter 2021.”

Read more here.