Philip C Patterson

October 30, 2015 | New York Law Journal

In their International Criminal Law and Enforcement column, Nicholas M. De Feis and Philip C. Patterson write that although banks may lament the time and money spent on compliance with anti-money laundering measures—and the fact that such efforts do not guarantee success or at least protect banks from prosecution—two recent actions reveal just how serious the risks can be in failing to comply.

By Nicholas M. De Feis and Philip C. Patterson

12 minute read

October 29, 2015 | New York Law Journal

In their International Criminal Law and Enforcement column, Nicholas M. De Feis and Philip C. Patterson write that although banks may lament the time and money spent on compliance with anti-money laundering measures—and the fact that such efforts do not guarantee success or at least protect banks from prosecution—two recent actions reveal just how serious the risks can be in failing to comply.

By Nicholas M. De Feis and Philip C. Patterson

12 minute read

August 10, 2015 | New Jersey Law Journal

A discussion of "unlimited operations"—a narrow yet insidious form of cyber attack that poses a particular threat to financial institutions.

By Nicholas M. De Feis and Philip C. Patterson

8 minute read

August 04, 2015 | New Jersey Law Journal

A discussion of "unlimited operations"—a narrow yet insidious form of cyber attack that poses a particular threat to financial institutions.

By Nicholas M. De Feis and Philip C. Patterson

8 minute read

July 31, 2015 | New York Law Journal

In their International Criminal Law and Enforcement column, Nicholas M. De Feis and Philip C. Patterson discuss "Unlimited Operations," where hackers provide information on bank accounts they have increased the balances of to "cashing crews," who then make millions of withdrawals; and the case against a hacker charged with orchestrating a cyber attack that allegedly succeeded in stealing $55 million from a number of banks.

By Nicholas M. De Feis and Philip C. Patterson

9 minute read

July 30, 2015 | New York Law Journal

In their International Criminal Law and Enforcement column, Nicholas M. De Feis and Philip C. Patterson discuss "Unlimited Operations," where hackers provide information on bank accounts they have increased the balances of to "cashing crews," who then make millions of withdrawals; and the case against a hacker charged with orchestrating a cyber attack that allegedly succeeded in stealing $55 million from a number of banks.

By Nicholas M. De Feis and Philip C. Patterson

9 minute read

April 30, 2015 | New York Law Journal

In their International Criminal Law and Enforcement column, Nicholas M. De Feis and Philip C. Patterson write: Botnets, which are designed to spread to computers without revealing their existence, cause at least hundreds of millions of dollars in economic harm every year, not to mention the inestimable personal harm caused to individual victims of identity theft.

By Nicholas M. De Feis and Philip C. Patterson

13 minute read

January 30, 2015 | New York Law Journal

In their International Criminal Law and Enforcement column, Nicholas M. De Feis and Philip C. Patterson discuss the recent increase in international bribery enforcement. But apart from increasing global risks of investigations and prosecution, bribery imposes economic costs that further weigh in favor of anti-bribery vigilance.

By Nicholas M. De Feis and Philip C. Patterson

11 minute read

January 29, 2015 | New York Law Journal

In their International Criminal Law and Enforcement column, Nicholas M. De Feis and Philip C. Patterson discuss the recent increase in international bribery enforcement. But apart from increasing global risks of investigations and prosecution, bribery imposes economic costs that further weigh in favor of anti-bribery vigilance.

By Nicholas M. De Feis and Philip C. Patterson

11 minute read

October 30, 2014 | New York Law Journal

In their International Criminal Law and Enforcement column, Nicholas M. De Feis and Philip C. Patterson write: Historically, the United States was virtually alone in the world in treating anticompetitive conduct as a criminal offense. Increasingly, however, other countries are criminalizing such conduct and aggressively pursuing antitrust enforcement, indicating that antitrust offenses are on the way to being treated worldwide as seriously as any other international financial crime.

By Nicholas M. De Feis and Philip C. Patterson

12 minute read