In an article in the Thursday, May 22, 2014, issue of The New York Times entitled From Virginia, Chasing Down Credit Suisse, NAFUSA member Neil MacBride is featured for his former leadership of the Eastern District of Virginia. Credit Suisse is headquartered in Zurich and has an office in New York, but its only contact with MacBride’s district was the fact that a Credit Suisse client flew out of Dulles Airport on his way to Zurich. That fact justified the indictment which led this week to the bank pleading guilty to helping thousands of American clients hide their wealth overseas.
The Times article discusses how MacBride, now a partner at Davis Polk, and his colleagues in the ED of Virginia were aggressive in claiming jurisdiction in a number of other cases as well to bring financial investigations into their district.
“There was a huge financial crisis that rocked the world, and it didn’t matter to us if the frauds occurred within the four corners of our district or around the globe,” said Mr. MacBride, who left behind investigations involving 60 countries when he left office last September.