Laurel Loomis Rimon is a former federal prosecutor and experienced litigator who represents clients on a broad range of anti-money laundering and Fintech enforcement issues, as well as sensitive internal investigations and criminal and civil litigation.
Before coming to O’Melveny, Laurel served for more than 15 years as an Assistant United States Attorney and DOJ Trial Attorney, with a particular focus on litigating complex criminal and civil money laundering and other financial crimes involving some of the largest domestic and international corporations and financial institutions. As the head of Litigation for DOJ’s Asset Forfeiture and Money Laundering Section, she successfully coordinated numerous investigations of international financial institutions related to money laundering and sanctions violations, resulting in Deferred Prosecution Agreements coordinated with the Manhattan District Attorney’s Office and the Office of Foreign Assets Control. Laurel also served as Chief of the Special Prosecutions Unit at the US Attorney’s Office for the Eastern District of California, where she played a leading role in important mortgage fraud initiatives, including conducting jury trials.
While an Assistant US Attorney in the Fraud and Public Corruption Section of the US Attorney’s Office for the District of Columbia, in the earliest federal prosecution involving virtual currency, Laurel successfully handled the money laundering and money transmitting prosecution of the “e-gold” enterprise, a then-novel online digital currency service used to fund various criminal enterprises. As a result of her work on that groundbreaking prosecution and other internet-related cases, she received the Assistant Attorney General’s Award for Outstanding Advocacy in Protecting Citizens from Online Crime.
Laurel’s decades of high-level government experience also include serving as an Assistant Deputy Enforcement Director for the Office of Enforcement at the Consumer Financial Protection Bureau, leading complex and sensitive investigations of bank and non-bank subjects including large banks, private educational institutions, and mortgage loan companies. Laurel also recently served as the General Counsel for the Office of the Inspector General at the US Department of Homeland Security, where she managed and advised on high-stakes criminal and administrative investigations, audits, inspections, and congressional relations.