Brooklyn Boro

Eastern District U.S. Attorney’s office joins in collections of more than $5.3B in 2014

December 22, 2014 Brooklyn Daily Eagle
Lorertta Lynch, AP photo
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U.S. Attorney Loretta E. Lynch announced this month that the Eastern District of New York, working collaboratively with other offices as well as on its own, collected more than $5.3 billion in criminal and civil actions in fiscal year 2014. Of this total amount, $5,311,230,858.40 resulted from cases handled in conjunction with other U.S. attorneys’ offices and components of the Department of Justice. Collections from criminal and civil actions filed solely by the Eastern District of New York totaled $42,505,272.81.

Attorney General Eric Holder announced on Nov. 19 that the Justice Department collected $24.7 billion in civil and criminal actions in the fiscal year that ended on Sept. 30. The more than $24 billion in collections in FY 2014 represents nearly eight and a half times the appropriated $2.91 billion budget for the 94 U.S. attorneys’ offices and the main litigating divisions in that same period.

“The Eastern District of New York, in partnership with its colleagues in offices throughout the nation, is privileged to be part of a sweeping effort to address the harms caused by the financial crisis of 2008 and a multi-billion dollar resolution that includes provisions for relief to struggling and underwater homeowners as they seek to rebuild their lives and communities,” Lynch stated. 

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“We stand firm in our ongoing collection and asset forfeiture efforts to protecting the public and recovering funds for the federal treasury and victims of crime and financial frauds.” 

In the Eastern District of New York as well as nationwide, the largest civil collections were from affirmative civil enforcement cases, in which the United States recovered government money lost to fraud or other misconduct or collected fines imposed on individuals and/or corporations for violations of federal health, safety, civil rights or environmental laws. In addition, civil debts were collected on behalf of several federal agencies, including the U.S. Department of Housing and Urban Development, Health and Human Services, Internal Revenue Service, Small Business Administration and Department of Education.

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