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United States Attorney General Pledges Unprecedented DOJ Focus on Financial Fraud

In a January 8, 2010 speech in West Palm Beach, Florida — described in the speech as “ground zero” for Bernard Madoff ’s $65-billion Ponzi scheme — U.S. Attorney General Eric Holder labeled financial fraud “one of the most glaring threats” facing the U.S. economy. Attorney General Holder drew further on national security and terrorism themes to emphasize the priority the Department of Justice will give to investigating and prosecuting financial fraud.