Financial crime

The IRS recently announced that it will offer certain employers an opportunity to withdraw Employee Retention Credit (ERC) claims if they are concerned about their accuracy. Qualifying employers may be

Continue Reading Amid Fraud Investigations, IRS Offers Employers an Opportunity to Withdraw Inaccurate Employee Retention Credit Claims

Last week, the Financial Crimes Enforcement Network (FinCEN) announced its first-ever civil penalty against a cryptocurrency exchanger for willful violations of the Bank Secrecy Act (BSA). According to the FinCEN
Continue Reading FinCEN Announces First-Ever Enforcement Action Against Bitcoin Trader for Violations of BSA

By Charles A. De Monaco, Matthew D. Lee and Jana Volante Walshak

Deputy Attorney General Rod Rosenstein unveiled a new Justice Department policy for resolving major corporate investigations last month 
Continue Reading The Justice Department’s New Corporate Resolution Policy: An End to ‘Piling On’?