Jeffrey Alberts co-heads Pryor Cashman's Financial Institutions Group and heads the firm’s White Collar Defense & Investigations practice. In this role, Jeffrey’s focus includes government investigations, prosecutions and related regulatory proceedings, asset-forfeiture litigation, victims’ rights representation and complex civil and commercial litigation. He is an experienced trial lawyer who has served as lead counsel in numerous civil and criminal jury and bench trials.
Before joining Pryor Cashman in 2013, Jeffrey spent six years with the U.S. Attorney’s Office for the Southern District of New York where he investigated and prosecuted a wide variety of white collar criminal offenses. Jeffrey’s cases included money laundering, securities fraud, bank fraud, mail and wire fraud, bankruptcy fraud and civil and criminal asset-forfeiture actions.
While in the U.S. Attorney’s Office, Jeffrey played an instrumental role in several high profile cases, including asset forfeiture proceedings involving proceeds of the securities fraud that Marc Dreier executed using the law firm Dreier LLP, the fraud scheme at the financial services company Refco, Inc. and the securities fraud committed by Samuel Israel at the hedge fund known as the Bayou Funds. Jeffrey also received international recognition for successfully litigating an asset forfeiture jury trial concerning stolen artwork created by the renowned artist Camille Pissarro and returning the artwork to the French Government.
Jeffrey is a recognized leader on cryptocurrency and blockchain legal issues. In 2018, the National Law Journal named him to its inaugural list of Cryptocurrency, Blockchain and FinTech Trailblazers. Additionally, Jeffrey is a participating attorney in the Digital Currency & Ledger Defense Coalition, an organization which protects individual constitutional rights and civil liberties in connection with regulatory and law enforcement scrutiny relating to digital currencies and ledgers.
Regulations governing BSA/AML compliance are often ambiguous, leading to disagreements with regulators about whether financial institutions are in compliance with those regulations. Federal and state banking regulators frequently cite to the FFIECs B...