New York Attorney General Eric Schneiderman has created a new bureau to prosecute large-scale financial crimes. The newly formed Criminal Enforcement and Financial Crimes Bureau will "ferret out the bad actors in our critically important financial sector in order to protect our economy and investors," Schneiderman said in a statement on Friday. The unit is a new push by the New York attorney general to criminally punish those behind complex financial crimes. It comes after repeated public criticism that few individuals have been held responsible for misconduct that led to the 2008 financial crisis. The bureau will tackle crimes in banks and other financial institutions, securities and investment schemes, money laundering, tax crimes, mortgage fraud, and insurance fraud, according to the office. "We're going to focus not just on institutions but on individuals," Gary Fishman, the newly appointed head of the unit, told Reuters. Fishman, a veteran prosecutor with more than 15 years
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