Bar Admissions

  • District of Columbia
  • Maryland
  • Georgia

Education

  • J.D., George Washington University Law School, 2004
  • B.A., George Washington University, 1998
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Gerald S. (Gerry) Sachs

Partner

Gerry Sachs is a partner in Venable's Government Division where he assists consumer financial services companies with all aspects of state and federal consumer financial protection law. He routinely works with depository institutions and payments, FinTech, and block chain-related companies. Gerry has successfully assisted clients manage regulatory compliance, supervisory examinations, civil litigation, and enforcement investigations relating to consumer protection and anti-money laundering investigations. In addition, he assists clients with grand jury or white collar investigations. Gerry brings a unique perspective to issues by leveraging his experience as both a civil consumer protection prosecutor and federal criminal prosecutor.

As Senior Counsel for Enforcement Policy and Strategy at the Consumer Financial Protection Bureau, Gerry assisted the CFPB build its enforcement office. He assisted with strategic planning, drafted policies and procedures, coordinated with other regulators, conducted investigations, supported supervisory examinations, and worked on intra-agency payments systems and other initiatives. He also led a team of attorneys working on auto finance, credit cards, mobile payments, emerging payments (digital currency), and prepaid cards.

Gerry also served as an Assistant United States Attorney for the Northern District of Georgia, where he prosecuted both civil and criminal cases ranging from the False Claims Act to money laundering and forfeiture, economic crimes, and computer intrusion. He prosecuted a significant hack into a payroll card provider's systems in which millions of dollars were stolen and during the economic recession assisted with prosecutions of investment frauds, including a community bank failure. He also served as a member of the Hurricane Katrina Task Force and assisted with the Office of Overseas Prosecutorial, Development, Assistance, and Training conduct its Merida high-profile initiative to train Mexican federal prosecutors, agents, and expert witnesses.

Prior to the U.S. Attorney's office, Gerry prosecuted unfair and deceptive acts and practices in violation of federal consumer law as an attorney for the Federal Trade Commission's Southeast Region office. Gerry also worked in private practice prior to his government service.

Gerry is also a Returned Peace Corps Volunteer (Honduras 1998-2000).

Significant Matters

  • CFPB v. UniRush LLC d/b/a RushCard, represented a major prepaid card company in relation to a platform conversion issue and investigation.
  • U.S. v. TÅ¡urikov, Pleshchuk, Horohorin et al., assisted with the indictment, superseding indictments, and extradition of defendants related to an international hacking case of a payroll card company.