Corporate crime surged in 2014

Dirt Diggers Digest - Corporate crime surged once again in 2014 as large corporations continued to pay hefty fines and settlements that seem to do little to deter misbehavior in the suites. Payouts in excess of $1 billion have become commonplace and some even reach into eleven figures, as seen in Bank of America's $16 billion settlement with the Justice Department.

Banks are not the only culprits. The year also saw major cases involving a variety of large corporations for offenses such as bribery, price-fixing, contracting fraud and, of course, widespread safety infractions by the auto industry. See The 2014 Corporate Rap Sheet.