Attorney General Eric Schneiderman has appointed a market veteran to lead New York’s newly formed Criminal Enforcement and Financial Crimes Bureau, which will focus on prosecuting complex and large-scale crimes.
Gary Fishman, a lawyer with 30 years of experience for the city, state and federal governments is tasked with oversight of not-for-profit corporations and charitable trusts under several New York State laws.
Fishman, who has decades of experience as financial crimes prosecutor, will serve as chief of the newly created Criminal Enforcement and Financial Crimes Bureau, which expands the former Criminal Prosecutions Bureau.
The bureau will focus on combating complex financial
In addition it is expected to establish a Financial Intelligence Section that will initiate investigations into illicit financial activities and track the flow of suspicious funds by reviewing banking, regulatory, law enforcement, and open-source data to identify trends that assist crime investigations.
The newly created Criminal Enforcement and Financial Crimes Bureau “will ferret out the bad actors in our critically important financial sector in order to protect our economy and investors,” Schneiderman said.
James Sheehan, another 30-year veteran, will be chief of the AG’s Charities Bureau.
As new chief, he says he is looking forward “to pushing for innovative ways to further strengthen New York’s not-for-profit industry.”
Sheehan will direct the bureau’s affirmative investigations and litigation, review sales, mergers and dissolutions of not-for-profits, and its representation of the interests of charitable beneficiaries in trusts and estates matters, the AG noted in a press release.
The Charities Bureau will continue to focus on the regulation and oversight of the nonprofit sector and further enhance enforcement and transparency efforts for nonprofits across the country.
