August 29, 2017 – Law360
Continue Reading DOJ Offshore Bank Resolution Offers Cooperation Road Map
Justice Department’s Latest Offshore Bank Resolution Confirms Value of Self-Disclosure and Voluntary Remediation by At-Risk Foreign Institutions
The Justice Department revealed its latest offshore bank resolution by announcing that it had entered into a non-prosecution agreement with a Swiss asset management firm called Prime Partners. This means
DOJ’s Prosecution of Health Care Exec Illustrates Unique Intersection of Securities & Employment Tax Fraud Schemes
In a recent criminal prosecution of a medical doctor/entrepreneur for defrauding his company’s shareholders, the government employed a novel theory of securities fraud premised, in part, upon the defendant’s failure
Continue Reading DOJ’s Prosecution of Health Care Exec Illustrates Unique Intersection of Securities & Employment Tax Fraud Schemes
In Securities Fraud Case, Prosecutors Allege Novel Money Laundering Scheme to Circumvent FATCA Reporting Obligations
The U.S. Attorney’s Office for the Eastern District of New York has charged four individuals with securities fraud conspiracy for their involvement in fraudulently manipulating the stock of a U.S.
Continue Reading In Securities Fraud Case, Prosecutors Allege Novel Money Laundering Scheme to Circumvent FATCA Reporting Obligations
On the Eve of Tax Day, Justice Department Warns That Tax Evaders Will Face Prison Time
With only four days remaining until “Tax Day,” the Justice Department’s well-publicized campaign to deter potential tax evaders continues with more stern warnings to taxpayers. In a bleak press release
Continue Reading On the Eve of Tax Day, Justice Department Warns That Tax Evaders Will Face Prison Time
As Tax Day Approaches, Justice Department and IRS Turn Up Heat on Potential Tax Cheats
With less than two weeks until the April 18 deadline for filing individual federal income tax returns, the Justice Department and Internal Revenue Service are issuing stern warnings to
Continue Reading As Tax Day Approaches, Justice Department and IRS Turn Up Heat on Potential Tax Cheats
Justice Department Sends Stern Warning to Employers With Continuing Crackdown on Employment Tax Fraud
Ensuring that employers collect and pay over to the Internal Revenue Service taxes withheld from their employees’ wages is one of the highest priorities of the Justice Department’s Tax Division.
Continue Reading Justice Department Sends Stern Warning to Employers With Continuing Crackdown on Employment Tax Fraud
A Federal Crackdown On Tax Zapper Software
In December, the Justice Department announced criminal charges against John Yin, a software salesman who worked for a Canadian company that sells point of sale (POS) software programs that enabled
Continue Reading A Federal Crackdown On Tax Zapper Software
Feds Crack Down on Use of “Tax Zapper” Software by Restaurants and Other Cash Businesses
In December, the Justice Department announced criminal charges against John Yin, a software salesman who worked for a Canadian company that sells “point of sale” software programs that enabled restaurants
Continue Reading Feds Crack Down on Use of “Tax Zapper” Software by Restaurants and Other Cash Businesses
DOJ Announces Final Resolutions Under Its Groundbreaking Swiss Bank Program As Program Enters “Legacy” Phase
Today the Justice Department’s Tax Division announced that it has reached final resolutions with the remaining “Category 3 and 4” Swiss banks who had enrolled in the Swiss Bank Program
Continue Reading DOJ Announces Final Resolutions Under Its Groundbreaking Swiss Bank Program As Program Enters “Legacy” Phase