A law enforcement source says that in California, losses would need to exceed $50,000 for the U.S. Attorney’s office to prosecute, thus keeping the FBI from pursuing most of these cases.
Sounds an awful lot like an admission of guilt to me, I would bet my last nickel that Prosecutors, Lawyers and Cops are heavily involved in this.
Possibly, but more likely, it's just another example of the rich and well-connected being able to actually get the legal system to work for them as opposed to working against them.