How does the Enforcement and Investigation Bureau resolve financial-services fraud referrals?
If EIB determines that there is not sufficient evidence that the alleged fraud was committed, you will receive a letter explaining why the bureau is closing the investigation. On the other hand, if EIB determines that there is sufficient evidence that the alleged fraud may have been committed, it will conduct a full investigation and then refer the case to the US Attorney’s Office for consideration for criminal prosecution; or to DISB’s Office of Legal Affairs; or to the appropriate DISB bureau or external regulatory agency for consideration to take administrative action, or both. Keep in mind that fraud is acting in violation of any of the DC insurance, securities or banking and financial institutions laws or regulations.
Related Questions
- Have you been arrested, or are you under investigation, for any crime involving theft - including credit card fraud, check fraud, shoplifting, or grand theft auto?
- How do I report an allegation of financial-services fraud to the Enforcement and Investigation Bureau?
- How does the Enforcement and Investigation Bureau resolve financial-services fraud referrals?
