In December 1991, Attorney General Barr announced that the [[Bank of Credit and Commerce International]] (BCCI) had entered a guilty plea to certain racketeering charges, in return for which the U.S. Justice Department agreed to drop all other federal and state charges that might be brought against BCCI entities in the future. In the plea-bargain arrangement, BCCI forfeited all of its estimated $550 million assets in the United States, and there were some minor jail sentences. | In December 1991, Attorney General Barr announced that the [[Bank of Credit and Commerce International]] (BCCI) had entered a guilty plea to certain racketeering charges, in return for which the U.S. Justice Department agreed to drop all other federal and state charges that might be brought against BCCI entities in the future. In the plea-bargain arrangement, BCCI forfeited all of its estimated $550 million assets in the United States, and there were some minor jail sentences. |