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Report N.Y. needs new laws to fight 21st-century crime

Sept. 24 (Bloomberg) -- New York needs to update state laws to help authorities prosecute white-collar criminals, according to a special task force report released by Manhattan District Attorney Cyrus Vance Jr.

The proposals in today’s report include expanding the definition of larceny to cover the theft of computer programs and personal identifying information, and eliminating the requirement that schemes to defraud target more than one victim.

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