Why Manafort and Cohen Thought They’d Get Away With It
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Why Manafort and Cohen Thought They’d Get Away With It

Pro Publica |
August 24, 2018

It takes a special counsel to actually catch white-collar criminals.


Oh, the audacity of dopes. The crimes of Paul Manafort and Michael Cohen are notable not just for how blatant they were but also for their lack of sophistication. The two men did little to hide their lying to banks and the Internal Revenue Service. One can almost sympathize with them: If it wasn’t for their decision to attach themselves to the most unlikely president in modern history, there’s every reason to think they might be still working their frauds today.

But how anomalous are Mssrs. Manafort and Cohen? Are there legions of K Street big shots working for foreign despots and parking their riches in Cypriot bank accounts to avoid the IRS? Are many political campaigns walking felonies waiting to be exposed? What about the world of luxury residential building in which Cohen plied his trade with the Trump Organization?

The answer is more disturbing than the questions: We don’t know. We don’t know because the cops aren’t on the beat. Resources have been stripped from white-collar enforcement. The FBI shifted agents to work on international terror in the wake of 9/11. White-collar cases made up about one-tenth of the Justice Department’s cases in recent years, compared with one-fifth in the early 1990s. The IRS’ criminal enforcement capabilities have been decimated by years of budget cuts and attrition. The Federal Election Commission is a toothless organization that is widely flouted.

Credit by - Pro Publica

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