"If this is a war, we are not winning it"

Posted on 07 September 2016. Source: The New York Times

"If this is a war, we are not winning it"

Partner Alison Levitt QC, Head of the Business Crime Group, spoke at The International Symposium on Economic Crime on Monday 5 September. Her comments subsequently featured in a New York Times article, 'Law Enforcement ‘Not Winning’ War on White-Collar Crime'.

“If this is a war, we are not winning it,” said Alison Levitt, a partner at the London law firm Mishcon de Reya, speaking on a panel at the University of Cambridge’s Jesus College. She was not opining on drugs or terrorism, rather on the limited progress law enforcement has made in battling economic crimes like money laundering, fraud and insider trading.

Ms. Levitt, who heads Mishcon de Reya’s business crime group, was among the delegates this week from 90 countries attending the 34th international symposium on economic crime.

Ms. Levitt recommended that the same stigma that is associated with crimes like rape be attached to economic crime.

“We shouldn’t call it white-collar crime or economic crime,” she told the audience, which was gathered in a marquee on the manicured lawn of Jesus College. “We should call it stealing.”

Read the full article here