AMERICANS
BECOMING MORE CROOKED
By LARA JAKES
JORDAN, Associated Press Writer Thu Apr 17, 7:39 PM ET
WASHINGTON -
The FBI is grappling with growing numbers of public corruption cases and a surge in mortgage fraud investigations, FBI Director Robert Mueller said Thursday, wondering aloud whether
Americans are "becoming more crooked."
In a speech to
the American Bar Association, Mueller asked the assembled defense lawyers for
help in "creating a culture of integrity" by reporting evidence of
wrongdoing by politicians and corporate executives alike.
"Anyone
who follows the news these days and sees repeated references to corporate fraud
and public corruption might think the nation is in the midst of a moral
crisis," Mueller told the defense attorneys. "Have we as a society
become more corrupt? Or have we in the FBI simply become more adept at rooting
out fraud and corruption?"
Currently, the
FBI has 2,500 cases of public corruption under investigation, an increase of 50
percent from five years ago, Mueller said. He called public corruption the
FBI's top criminal priority.
At the same
time, corporate fraud cases have increased by
more than 80 percent, Mueller said, pointing to the recent surge in mortgage
fraud investigations. The FBI is investigating an estimated 1,300 mortgage fraud cases — including 19 into subprime
lending practices by U.S. financial institutions.
In his speech,
titled "Corporate Fraud and Public Corruption: Are We Becoming More
Crooked?" Mueller predicted that the surge is far from over.
"We
likely will see more corporate fraud cases in the months to come, because of
the ripple effect of the subprime crisis and its impact on the credit
market," he said.
During a
question-and-answer session after the speech, Mueller said he favored Justice
Department policy crediting firms that voluntarily waive their right to
withhold confidential communications between attorneys and their corporate
clients during investigations.
The ABA
opposes the policy, which Congress is considering overturning.