QUOTES by Eric Schneiderman
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Daily fantasy sports is neither victimless nor harmless, and it is clear that DraftKings and FanDuel are the leaders of a massive, multi-billion-dollar scheme intended to evade the law and fleece sports fans across the country.
Quote by -Eric Schneiderman
Our investigation has found that, unlike traditional fantasy sports, daily fantasy sports companies are engaged in illegal gambling under New York law, causing the same kinds of social and economic harms as other forms of illegal gambling and misleading New York consumers.
Quote by -Eric Schneiderman
Our review concludes that DraftKings'/FanDuel's operations constitute illegal gambling under New York law.
Quote by -Eric Schneiderman
We're going after the possibilities of tax fraud, insurance fraud, securities fraud. We're going to look at this stuff very closely. We have the jurisdiction, we have the resources, and we have the will.
Quote by -Eric Schneiderman
The credit reporting system suffers from inaccuracy and often from outright injustice.
Quote by -Eric Schneiderman
The president and I had much more important stuff to talk about than Donald Trump. I've never discussed Mr. Trump with the president of the United States.
Quote by -Eric Schneiderman
High-frequency traders are firms all around the world. They're massive investments.
Quote by -Eric Schneiderman
Prosecutors are all used to persons who commit fraud making wild accusations when they're caught.
Quote by -Eric Schneiderman
Fraud is fraud. And consumers of any product - whether you want to buy a car, participate in fantasy football - our laws are very strong in New York and other states that you can't commit fraud.
Quote by -Eric Schneiderman
I have three very simple principles. I don't like conflicts of interest; they should be eliminated or disclosed. I believe in transparency, that people have to really not just know but understand what they're buying and selling. And that you have to have enough capital to back up your promises.
Quote by -Eric Schneiderman
I'm very interested in the more grass-roots consequences of the economic meltdown: issues related to mortgage foreclosures, debt collection, and the practices of credit card companies and others who hold a lot of consumer debt.
Quote by -Eric Schneiderman
I don't think it's any secret that the public has lost confidence in the state government, and there's a lot of work that needs to be done on issues related to public integrity.
Quote by -Eric Schneiderman
You're not allowed to lure people into spending their money or betting their money based on false representations.
Quote by -Eric Schneiderman
Obviously, Nevada doesn't prohibit all forms of gambling, but you have to submit yourself to a very rigorous regulatory process to run a gambling operation in Nevada.
Quote by -Eric Schneiderman
The 2006 federal Internet gaming statute is not ambiguous. It does not prohibit gambling on fantasy sports.
Quote by -Eric Schneiderman
In New York, we have laws against defrauding the public, defrauding consumers, defrauding shareholders.
Quote by -Eric Schneiderman
We're very interested in seeing what science Exxon has been using for its own purposes because they're tremendously active in offshore oil drilling in the Arctic, for example, where global warming is happening at a much more rapid rate than in more temperate zones.
Quote by -Eric Schneiderman
You wanna know people are held accountable if they engage in misconduct and that no one is above the law.
Quote by -Eric Schneiderman
I don't like conflicts of interest; they should be eliminated or disclosed. I believe in transparency: that people have to really not just know but understand what they're buying and selling.
Quote by -Eric Schneiderman
I'm going to go after crime and corruption wherever it is. But I did focus particularly on the need to restore public confidence in essential institutions of both the public and private sector.
Quote by -Eric Schneiderman
High-frequency traders are firms all around the world. They're massive investments. And there is an incredible race for speed now. People are paying hundreds of millions of dollars to shave milliseconds off.
Quote by -Eric Schneiderman
After the 1970s, when President Nixon's illegal campaign cash was used as a secret slush fund to pay for the Watergate burglary and cover-up, Americans have demanded to know where the money fueling our elections is coming from.
Quote by -Eric Schneiderman
We must use every tool at our disposal to lift the living standards of low-wage employees.
Quote by -Eric Schneiderman
We've got to do more to ensure that people who work full time are not living in poverty and that the massive gap between rich and poor - which is fundamentally un-American, as far as I'm concerned - is somehow dealt with.
Quote by -Eric Schneiderman
Abandoned homes become magnets for vandalism and crime. They drag down the property values of neighboring homes.
Quote by -Eric Schneiderman
Here in New York, we are already seeing how climate change contributes to increasingly violent and extreme weather that has cost us dearly, in both damage and in lives.
Quote by -Eric Schneiderman
We've sued out-of-state power plants that are polluting our air and led a coalition of attorneys general from Connecticut, Delaware, Maryland, and Massachusetts against efforts in the U.S. House of Representatives to remove critical environmental regulations that protect New York communities from toxic pollution.
Quote by -Eric Schneiderman
In the 1960s, the public demanded seat belts in cars, but automakers balked. Not until government intervened did seat belts become standard equipment. Now, no one would consider buying a vehicle without this basic safety feature.
Quote by -Eric Schneiderman
If the Treasury Department should not remove Hamilton from the $10 bill, what should they do? The answer is fairly simple: Replace Andrew Jackson on the $20 bill.
Quote by -Eric Schneiderman
The memory of the 146 people who lost their lives in the Triangle Shirtwaist fire stands as a reminder that legal protections and workplace safety standards were won through a long struggle for social justice and at great human cost.
Quote by -Eric Schneiderman
History teaches that the overwhelming majority of elected officials follow movement builders outside government when it comes to the new and risky... Once you recognize it, demand it and reward it, it will happen.
Quote by -Eric Schneiderman
Every New Yorker has the right to clean air, safe drinking water, and healthy communities to raise their children - and you can rest assured that I will aggressively protect that right, not just on Earth Day, but every day.
Quote by -Eric Schneiderman
New Yorkers have been fortunate to have Andrew Cuomo as our Attorney General - protecting working New Yorkers against the banks, insurance companies and big corporations.
Quote by -Eric Schneiderman
New Yorkers must be able to trust the men and women of the NYPD. They must come forward to report crimes. And they must come forward as witnesses.
Quote by -Eric Schneiderman
Exxon Mobil and JPMorgan Chase each made more in profits in the first quarter of 2012 alone than the entire state budget of Montana. Without a doubt, multinational corporations like these have the resources to overwhelm the voices of the people.
Quote by -Eric Schneiderman
We can prevent unfair advantage, and we can avoid the destabilizing effect that high frequency trading can have.
Quote by -Eric Schneiderman
My actual statement during the campaign was I want to be the sheriff of Wall Street, Albany and Main Street. I'm going to go after crime and corruption, wherever it is.
Quote by -Eric Schneiderman
Ninety-five percent of the work in the attorney general's office is civil litigation and regulatory work, and I think I certainly have a lot more experience in that than most of the folks who have served in the office.
Quote by -Eric Schneiderman
Unlike most traditional, season-long fantasy sports sites, which make most of their money from administrative fees and advertising, FanDuel and DraftKings take a cut of every bet. That is what bookies do, and it is illegal in New York.
Quote by -Eric Schneiderman
Daily fantasy sports is much closer to online poker than it is to traditional fantasy sports.
Quote by -Eric Schneiderman
Every day, in every city and town across the country, police officers are performing vital services that help make their communities safer.
Quote by -Eric Schneiderman