United States Department of the Treasury & Crime
United States federal executive department
Massachusetts IRS agent charged with filing false tax returns for 3 years: Ndeye Amy Thioub, 67, was charged with filing false tax returns and filing false tax ...
usatoday.com/story/news/nation/2024/04/17/massachusetts-irs-agent-charged-tax-fraud/73363438007/
US expects to hit Iran with new sanctions ‘in the coming days’ — Yellen: Yellen said Iran’s oil exports “remain in focus as a possible area” ...
saudigazette.com.sa/article/642145
TSA agent charged with stealing $22K check mailed to NYC defense lawyer: TSA agent Diamondique Richardson and an accomplice, Cinque Lipscomb ...
nydailynews.com/2024/04/16/tsa-agent-charged-with-stealing-22k-check-mailed-to-nyc-defense-lawyer/
Retirees Face Significant Tax Bills Due to Fraud: A new report sheds light on how older adult scam victims end up with big tax bills and lost retirement savings.
kiplinger.com/taxes/retirees-face-tax-bills-due-to-theft-losses
IRS Cautions Tax Professionals About Increased Spearphishing Scams: As the IRS warns of increased spearphishing attacks targeting tax professionals ...
smallbiztrends.com/irs-cautions-tax-professionals-about-increased-spearphishing-scams/
The U.S. Department of the Treasury has recently imposed economic sanctions on Abu Ubaida, the spokesman for Al-Qassam Brigades, Hamas's military wing ... Show more #USA #USSanctions #AbuUbaida #USTreasury #Hamas #AlQassam #Property #Travel #Maldives #Media #Ridicule #EconomicBan #Zionism
IRS investigation chief expects uptick in crypto tax evasion this year: IRS criminal investigation chief Guy Ficco said his agency has grown more aggressive in ...
cointelegraph.com/news/irs-crypto-taxes-criminal-investigation-chief-tax-evasion
US sanctions target Hamas spokesperson, drone program leaders: The United States on Friday issued sanctions aimed at a Hamas spokesperson and leaders of the ...
reuters.com/world/middle-east/us-sanctions-target-hamas-spokesperson-drone-program-leaders-2024-04-12/
Regulators probe Morgan Stanley's vetting process for wealthy clients: One client includes a Russian-linked billionaire who was sanctioned by the UK ...
businessinsider.com/morgan-stanley-sec-probe-wealth-management-billionaire-russia-2024-4
New data shows IRS’s 10-year struggle to investigate tax crimes - ICIJ: The number of cases the wider U.S. tax agency refers to its criminal unit has plummeted.
icij.org/inside-icij/2024/03/new-data-shows-irss-10-year-struggle-to-investigate-tax-crimes/
Quick Glance: IRS's Struggle with Tax Crimes Over a Decade
- In the past fiscal year, the civil IRS referred only 157 tax cases for criminal investigation - from more than 200 million tax forms filed annually, as shown by new federal data.
- There has been a significant decrease in the possible tax crimes identified by civil investigators of the IRS over the past 10 years.
- In early 2022, Congress granted the IRS an additional $80 billion to staff up the agencies that audit millionaires, billionaires, and large corporations.
- Experts widely agree that the efforts to overhaul the IRS will take years, including the hiring and training of thousands of new officers and modernizing its sprawling data systems.
How to file your tax returns: 6 things you should know this year: For something that's legally required, taxes can be confusing. This guide covers the latest ...
npr.org/2023/02/22/1158816222/how-to-prepare-for-tax-season
Quick Glance: Gender Pay Gap in UK Supermarkets and Income Impact
- UK supermarkets are closing gender pay gap, with Morrisons experiencing a rise.
- Ocado and Lidl show the most improvements, while Morrisons has the largest gap.
- Hourly pay differences are reported by government service.
- Equality initiatives and workplace improvements at M&S and Co-op.
People are getting taxed for gig work they've never done: Uber and DoorDash have been sending tax forms to people who have never worked for the gig delivery ...
businessinsider.com/people-getting-taxed-for-gig-work-never-done-doordash-uber-2024-4
AI Is Making Financial Fraud Easier and More Sophisticated, US Treasury Warns: Artificial intelligence is making it easier for fraudsters to carry out more ...
bloomberg.com/news/articles/2024-03-27/impersonation-phishing-getting-trickier-with-ai-treasury-warns
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New U.S. Sanctions Target Syrian Captagon Traffickers: Organized Crime and Corruption Reporting Project
occrp.org/en/daily/18605-new-u-s-sanctions-target-syrian-captagon-traffickers
Tax refunds expected to be bigger this year: WASHINGTON — Refunds are looking a bit bigger for taxpayers this year.
postandcourier.com/tax-refunds-expected-to-be-bigger-this-year/article_f8d338da-fb6b-11ee-973d-d7fdea2637b0.html
Corporate Transparency Ruling Complicates Campaign to Register Business Owners: The Treasury Department says it will continue to collect ownership information as ...
wsj.com/articles/corporate-transparency-ruling-complicates-campaign-to-register-business-owners-87ade241
IRS investigating almost $9B in pandemic fraud: The agency has indicted almost 800 people for COVID fraud, and has a 98.5% conviction rate.
accountingtoday.com/news/irs-investigating-almost-9b-in-covid-pandemic-fraud
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Tax Season Is Underway. Here Are Some Tips to Navigate It: For many Americans, filing tax returns can be a daunting task. Here's everything you need to know.
time.com/6958307/tax-season-tips-us/
Treasury Secretary Janet Yellen arrives in China to talk trade, green technology tensions
pbs.org/newshour/politics/treasury-secretary-janet-yellen-arrives-in-china-to-talk-trade-green-technology-tensions
Arvind Kejriwal's wife and a former IRS officer, Sunita Kejriwal, today read out a message from the Delhi Chief Minister who has been arrested in a corruption ... Show more
Janet Yellen's China Talks Were Worthy Attempt at Detente: Although renewed US-China dialogue may look like talks for the sake of talking ...
bloomberg.com/opinion/articles/2024-04-08/janet-yellen-s-china-talks-were-worthy-attempt-at-detente
Uncertainty surrounds CTA — for accountants and small biz: Ongoing court cases and questions about whether accountants can actually work on BOI reporting make ...
accountingtoday.com/news/uncertainty-surrounds-the-corporate-transparency-act-for-accountants-and-small-biz
IRS Warns Taxpayers Over Online Accounts: Scammers frequently target taxpayers in the run up to the annual federal tax filing deadline.
newsweek.com/irs-warns-taxpayers-online-accounts-1885844
Ohtani's translator charged with stealing $16M for 19,000 bets: The alleged bookmaker is under criminal investigation by the IRS as well.
accountingtoday.com/articles/ohtani-translator-charged-with-stealing-millions-for-19-000-bets
Quick Glance: Ippei Mizuhara Remains Free Despite Bank Fraud Charges on $25,000 Bond
- Former interpreter for baseball star Shohei Ohtani from the Los Angeles Dodgers surrendered to authorities and later appeared before the U.S. District Court.
- Ippei Mizuhara turned himself in on Friday and was subsequently released on an unsecured $25,000 bond, commonly referred to as a signature bond. This arrangement allowed Mizuhara to secure his release without needing to provide any cash or collateral.
- United States Magistrate Judge Maria A. Audero also stipulated that Mizuhara must undergo treatment for his gambling addiction related to the sports betting scandal. Prosecutors alleged that he exploited his personal and professional connection with Ohtani to steal over $16 million from the player's bank account by occasionally posing as Ohtani to bankers to cover his gambling expenses.
- On Friday, Mizuhara only responded to the judge's inquiries by answering 'yes' when Audero asked him if he comprehended various aspects of the case and his bond conditions.
US Treasury's No. 2 urges South Africa to boost fight against corruption: U.S. Deputy Treasury Secretary Wally Adeyemo on Wednesday urged South Africa to step up ...
reuters.com/world/us-treasurys-no-2-urges-south-africa-boost-fight-against-corruption-2024-03-13/
OC bookie at center of gambling scandal thought link to Ohtani would help business
ocregister.com/2024/03/27/bookie-at-center-of-gambling-scandal-thought-link-to-ohtani-would-help-business/
AI is making life easier for financial fraudsters: A new Treasury Department warns of a gap in fraud prevention efforts between large and small financial firms
qz.com/ai-making-financial-fraud-easier-treasury-department-1851371263
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Graham: Will Direct File hold tax prep firms accountable?: Having Direct File in the marketplace could lead to lower costs and improved service across the ...
bostonherald.com/2024/03/23/graham-will-direct-file-hold-tax-prep-firms-accountable/
Judge Rules Against Corporate Transparency Act Disclosure Provision: An Alabama judge barred the government from collecting certain company ownership data to ...
nytimes.com/2024/03/03/us/politics/judge-ruling-corporate-transparenct-act.html
How billionaires and the ultra-wealthy avoid taxes and fight the IRS: How the very rich lose money, overvalue art, buy very expensive life insurance ...
vox.com/money/2024/3/13/24086102/billionaires-wealthy-tax-avoidance-loopholes
Quick Glance: Tax Filing 2023: Key Information
- The IRS hired over 7,000 taxpayer service representatives and plans to hire 6,500 more
- A free IRS filing service for taxpayers is being developed
- Massachusetts and New Hampshire are testing the free filing project 'Direct File'
- Helpful answers to questions about filing taxes for 2023
New Rules Will Force Buyout Firms to Flag Suspicious Investments: The Treasury Department is extending anti-money-laundering rules to private-equity ...
wsj.com/articles/new-rules-will-force-buyout-firms-to-flag-suspicious-investments-2c7d4449
A Guide to Tax Deductions for Charitable Donations: Here's how your philanthropic giving can lower your tax bill.
money.usnews.com/money/personal-finance/taxes/articles/a-guide-to-tax-deductions-for-charitable-contributions
Brazil Clamps Down on PCC’s Money Laundering Maze: On Tuesday, Brazil's IRS, the Receita Federal, launched 21 audits against those linked to laundering ...
riotimesonline.com/brazil-clamps-down-on-pccs-money-laundering-maze/
US takes aim at real estate money laundering - ICIJ: A new rule would close a loophole Treasury warns is exploited by bad actors using ill-gotten cash to ...
icij.org/investigations/pandora-papers/us-takes-aim-at-real-estate-money-laundering/
Brasileirão 2024: CBF publishes basic table for the Brazilian Championship; watch Bahia games. See more news from Esporte Clube Bahia
esporteclubebahia.com.br/brasileirao-2024/
US takes aim at real estate money laundering - ICIJ: A new rule would close a loophole Treasury warns is exploited by bad actors using ill-gotten cash to ...
icij.org/investigations/pandora-papers/us-takes-aim-at-real-estate-money-laundering/
Taylor Swift is now a billionaire! Get ready for an album about her on-again, off-again love affair with the tax code.#TaylorSwift #TheTorturedPoetsDepartment #Colbert
How to avoid common tax-season scams: In 2023, the IRS received 294,138 identity theft complaints.
oregonlive.com/business/2024/04/how-to-avoid-common-tax-season-scams.html
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AI is Uncle Sam’s new secret weapon to fight fraud: Uncle Sam has quietly deployed a new secret weapon designed to catch bad guys trying to steal from taxpayers: ...
cnn.com/2024/02/28/business/artificial-intelligence-fraud-treasury-ai/
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Here’s what you need to know about tax season scams: Tax refunds are often a financial boost for Americans, but they’ve increasingly become the target of ...
nbcnews.com/tech/security/s-need-know-tax-season-scams-rcna139839
Anambra drivers protest alleged multiple taxations, officials harassment: Some members of the Drivers Association of Anambra have protested what they termed ...
punchng.com/anambra-drivers-protest-alleged-multiple-taxations-officials-harassment/
Hospitality worker caught with $2.5B Bitcoin found guilty of money laundering: The Southwark Crown Court in the United Kingdom has reportedly found Jian Wen ...
cointelegraph.com/news/hospitality-worker-bitcoin-seizure-southwark-crown-court
US sanctions supporters of Syria’s al-Assad over drug trafficking: The US Treasury Department sanctioned 11 people and companies on Tuesday it said were involved ...
english.alarabiya.net/News/middle-east/2024/03/26/US-sanctions-supporters-of-Syria-s-al-Assad-over-drug-trafficking
8 of the biggest issues facing the banking industry today: A major shake-up in the payments world, a data breach that's opened up a debate on who is ultimately ...
americanbanker.com/list/8-of-the-biggest-issues-facing-the-banking-industry-today
U.S. Proposes Requiring Investment Advisers to Put in Place Anti-Money-Laundering Controls
wsj.com/articles/u-s-proposes-requiring-investment-advisers-to-put-in-place-anti-money-laundering-controls-1482ba25
Biden’s open border is a boon for human traffickers; we must stop them: Criminals thrive when federal and state law enforcement are both too overwhelmed to hold ...
thehill.com/opinion/immigration/4465411-bidens-open-border-is-a-boon-for-human-traffickers-we-must-stop-them/
Who are LockBit, the hackers threatening to release Trump court documents: LockBit is a notorious Russia-based ransomware group that has racked up over 2 ...
businessinsider.com/lockbit-russia-hackers-threatening-release-trump-court-documents-ransom-2024-2
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Woman admits she stole $136K from NC cancer organization she led for years, feds say
charlotteobserver.com/news/local/crime/article287015275.html
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Grosse Pointe Park man gets 3 years for money laundering, obstructing IRS: Matthew Adams, 37, was sentenced Monday in federal court, officials said.
detroitnews.com/story/news/local/wayne-county/2024/03/06/grosse-pointe-park-man-gets-3-years-for-money-laundering-obstructing-irs/72863778007/
Yellen warns Netanyahu of toll on West Bank economy; Israel counts on neighbours to rebuild Gaza
dailymaverick.co.za/article/2024-02-28-yellen-warns-netanyahu-of-toll-on-west-bank-economy-israel-counts-on-neighbours-to-rebuild-gaza/
Treasury proposes new anti-money laundering regulations for investment advisers: The Biden administration is rolling out new recordkeeping rules for U.S ...
apnews.com/article/investment-transparency-treasury-fincen-money-laundering-9d64b58bdb1ac0f9fd999dc36c14693e
Step up operations against terrorists, kidnappers, IG orders DIG: The Inspector-General of Police, Olukayode Egbetokun, on Wednesday, met with delegates of the ...
punchng.com/step-up-operations-against-terrorists-kidnappers-ig-orders-dig/
Banks face steep fines in terror financing war: Commercial banks and officials face steep fines for facilitating terrorism financiers.
nation.africa/kenya/business/banks-face-steep-fines-in-terror-financing-war--4560388
FinCEN Pressured to Implement Anti-Money-Laundering, Sanctions Whistleblower Program
wsj.com/articles/fincen-pressured-to-implement-anti-money-laundering-sanctions-whistleblower-program-84b2992f
Treasury rolls out residential real estate transparency rules to combat money laundering
apnews.com/article/treasury-regulation-money-laundering-real-estate-housing-7eaeb28e46caa570f00f6e986e9707a4
Doing Your Taxes? Steer Clear of These AI Scams: Tax season is stressful—and now you have to worry about cybercriminals using AI deepfakes ...
pcmag.com/articles/doing-your-taxes-steer-clear-of-these-ai-scams
Common tax scams to avoid: Scammers want your data and your money, and they know how to get it.
mashable.com/article/tax-scams-to-avoid
US Treasury Secretary Janet Yellen said she expects additional bank stress and financial losses from weakness in the commercial real estate market but believes ...
reut.rs/3way8lx
Quick Glance: Netanyahu Rejects Hamas Ceasefire, Pursues Total Victory
- Netanyahu says total victory in Gaza is within reach, rejecting the latest offer from Hamas for a ceasefire to ensure the return of hostages.
- He renews a pledge to destroy the Palestinian Islamist movement, insisting that total victory is the only solution to the Gaza war.
- Hamas had proposed a ceasefire of four-and-a-half months, during which all hostages would go free and Israel would withdraw its troops from the Gaza Strip.
- A Hamas delegation would travel to Cairo on Thursday to pursue ceasefire talks with the mediators Egypt and Qatar.
FinCEN Is Analyzing $165M in Transactions That May Tie Crypto and Hamas, Senior Official Says
coindesk.com/policy/2024/03/14/fincen-is-analyzing-165m-in-transactions-that-may-tie-crypto-and-hamas-senior-official-says/
When Is Tax Day 2024?: Here is what you need to know about the last day to file your taxes in 2024, and how to file an extension if you can’t meet the tax ...
wsj.com/buyside/personal-finance/tax-day-01668009397
Expensive Art at Stake as Venezuelan Banker Faces U.S. Bribery Charges: Organized Crime and Corruption Reporting Project
occrp.org/en/daily/18534-expensive-art-at-stake-as-venezuelan-banker-faces-u-s-bribery-charges
House Bill 2367 could block the public's right to know how Oklahoma's biggest agency impacts utility prices
oklahoman.com/story/opinion/2024/03/10/oklahoma-corporation-commission-utility-prices-bob-anthony-opinion/72898643007/
Former IRS contractor sentenced to 5 years in prison for leaking Trump tax records
nbcnews.com/politics/justice-department/former-irs-contractor-sentenced-5-years-prison-leaking-trump-tax-recor-rcna135908
Quick Glance: Trump's Tax Leaker Sentenced to Five Years
- 38-year-old man must spend three years under supervised release and pay a $5,000 fine.
- Stole tax data from thousands of wealthy Americans while working for the US-wide Internal Revenue Service.
- Allegedly acted out of moral conviction and desire for change.
- Government representatives describe the case as one of the 'most serious' crimes in IRS history.
24 Tax Scams to Watch Out For in 2024: Here are 24 tax scams to watch out for this year. They can involve criminals impersonating IRS agents, government agencies ...
smallbiztrends.com/2024/03/tax-scams-2.html
Banking Industry May Need to Spend Millions to Gain Access to Company Ownership Database
wsj.com/articles/preparing-to-access-beneficial-ownership-database-will-cost-banking-industry-millions-fincen-estimates-1f4e462d
US seeks to crack down on real estate money laundering with new rule
reuters.com/world/us/us-seeks-crack-down-real-estate-money-laundering-new-rule-2024-02-07/
Federal regulators are probing whether Cash App leaves door open to money launderers, terrorists
nbcnews.com/business/personal-finance/whistleblowers-cash-app-leaves-door-open-money-laundering-terror-rcna138958
Iranian Allegedly Used Encrypted App to Hire Contract Killers in US: While using the encrypted app Sky ECC, Iranian Naji Sharifi-Zindashti conspired with a Hells ...
pcmag.com/news/iranian-allegedly-used-encrypted-app-to-hire-contract-killers-in-us
The Even Better Guide to Tax Season: From doing your taxes for free to filing your first return, we've got you covered.
vox.com/even-better-guide-to-tax-season
The IRS got $80B to help people and chase rich tax avoiders. Here's how it's going
npr.org/2024/01/30/1227851166/tax-return-irs-danny-werfel
Quick Glance: New Tax Bill Expands Child Tax Credit and Business Breaks
- A comprehensive, bipartisan tax reform was passed by the House to expand the child tax credit for American families and reinstate tax breaks for businesses.
- The widespread support in the House was critical for the legislation, fast-tracked under a tactic known as 'suspension' by Republicans.
- The tax legislation passed would raise the refundable portion to $1,800 per child in 2023, $1,900 per child in 2024 and $2,000 per child in 2025.
- The bill would also create tax benefits for people impacted by natural disasters and strengthen the low-income housing tax credit.
Trump Fraud Case Finding Suggests 'Major Tax Evasion': Watchdog: A court-appointed monitor found that a $48 million loan Trump has long claimed he took out ...
commondreams.org/news/trump-tax-evasion
How Mesa police helped take down couple accused of stealing $12.5M in Medicaid fraud
azcentral.com/story/news/local/mesa/2024/03/04/mesa-organized-crime-team-key-to-irs-unraveling-ahcccs-fraud-case/72717280007/
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New Ownership Reporting Rules Target Cash Sales Of Residential Real Estate: The proposed regulations would require the reporting of information about ...
forbes.com/sites/kellyphillipserb/2024/02/09/new-ownership-reporting-rules-target-cash-sales-of-residential-real-estate/
Yellen presses Netanyahu to take steps to prevent collapse of West Bank economy: The Biden administration is concerned a collapse of the Palestinian Authority ...
axios.com/2024/02/27/yellen-netanyahu-palestinian-israel-economy
Iranian charged with hiring Canadian hitmen to kill exiles in Maryland: The Justice Department accused Iranian Naji Sharifi Zindashti of recruiting two Canadians ...
washingtonpost.com/nation/2024/01/30/maryland-murder-for-hire-iran-canada/
Quick Glance: Iranian, Canadians Charged in Murder Plot
- Naji Sharifi Zindashti, 49, in Iran, solicited Canadian Damion Ryan for an assassination.
- Ryan, a Hells Angels member, recruited Adam Pearson, currently in prison.
- Zindashti agreed to pay Ryan and Pearson $350,000 plus $20,000 in travel expenses for the murder-for-hire.
- US officials say Zindashti operates a criminal network targeting Iranian dissidents on behalf of the Iranian government.
Stealing is still stealing: Trump tax return thief learns that the law does matter
nydailynews.com/2024/01/30/stealing-is-still-stealing-trump-tax-return-thief-learns-that-the-law-does-matter/
North Korea-linked hackers attacked record number of crypto platforms: Report: North Korea-linked hackers attacked a record number of crypto platforms and stole ...
thehill.com/policy/technology/4426466-north-korea-hackers-record-crypto-platforms/
Why Didn’t Scot Peterson Try to Stop the Parkland Shooter?: Why would an armed officer stand by as a school shooting unfolds?
theatlantic.com/magazine/archive/2024/03/parkland-shooter-scot-peterson-coward-broward/677170/
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