As U.S. Attorney, Mr. Bharara oversees the investigation and litigation of all criminal and civil cases brought on behalf of the United States in the Southern District of New York. He supervises an office of more than 210 Assistant U.S. Attorneys, who handle a high volume of cases that involve domestic and international terrorism, narcotics and arms trafficking, financial and healthcare fraud, public corruption, gang violence, organized crime, and civil rights violations.
As U.S. Attorney, Mr. Bharara has applied renewed focus on the prosecution of large-scale, sophisticated financial frauds by creating two units—the Complex Frauds Unit and the Civil Frauds Unit. The Civil Frauds Unit has brought a number of significant civil actions alleging financial and healthcare fraud, collected hundreds of millions of dollars in settlements (including from Deutsche Bank and CitiMortgage for fraud relating to faulty lending practices), and required institutions to make admissions as part of the settlements. The Complex Frauds Unit has charged some of the most important and cutting edge tax fraud, bank fraud, and cybercrime cases in the world, including against Swiss Bank Wegelin & Co., core members of the hacking groups LulzSec and Anonymous, and digital currency provider, Liberty Reserve.
Since Mr. Bharara’s appointment as U.S. Attorney, the office has successfully extradited and prosecuted one of the most notorious arms traffickers in the world, Viktor Bout; obtained a life sentence for the Times Square bomber; and convicted one of the Al Qaeda members responsible for plotting the 1998 bombings of two American embassies in East Africa. In addition, the office has convicted scores of insider trading defendants, including Galleon Group hedge fund founder Raj Rajaratnam and McKinsey managing director and Goldman Sachs board member, Rajat Gupta. Together with the Madoff trustee, the office also achieved the largest forfeiture in U.S. history—$7.2 billion from the estate of Jeffrey Picower.