ABA Publishes Article by Ben Tompkins on IRS Cryptocurrency Enforcement Efforts

ABA Publishes Article by Ben Tompkins on IRS Cryptocurrency Enforcement Efforts

Even during a global pandemic, prosecuting cryptocurrency tax crimes is still a priority. The Internal Revenue Service estimated back in 2018 that potentially unreported cryptocurrency tax liabilities represent about 2.5 percent of the more than $450 billion tax gap.  With the focus on tax fraud by the IRS’s new Fraud Enforcement Office, continued emphasis on

Braden Perry Featured in Kansas City Business Journal Article on Financial Fraud During COVID-19

Braden Perry Featured in Kansas City Business Journal Article on Financial Fraud During COVID-19

Kansas City Business Journal interviewed Braden Perry in the article “Businesses Beware: Financial Fraud is on the Rise“, discussing an upswing in financial fraud in Kansas City while more people are working from home. People’s home internet networks are likely not as secure as their office network. Frauds are being committing through email communication, and

CARES Act Enforcement under the Special Inspector General for Pandemic Recovery

CARES Act Enforcement under the Special Inspector General for Pandemic Recovery

Companies and individuals in the United States are confronting unprecedented challenges triggered by COVID-19, which has shuttered businesses, disrupted travel, supply chains, and the financial markets, and threatened global economic stability.  In response to the pandemic, the United States government has responded with the most significant economic stimulus package in history called the Coronavirus Aid,

Unregistered Commodity Pool Operator and It’s Principal Charged with Fraud in Missouri

Unregistered Commodity Pool Operator and It’s Principal Charged with Fraud in Missouri

A civil enforcement action was filed today in the U.S. District Court for the Eastern District of Missouri against Joshua Christian McDonald, and his company Perfection PR Firm LLC (PPR), by the Commodity Futures Trading Commission.  McDonald’s company, out of California and Tennessee, was charged for an off-exchange foreign currency trading scheme of fraud and

Five Big Name Technology Firms to be Examined by FTC

Five Big Name Technology Firms to be Examined by FTC

Alphabet Inc., Amazon.com, Inc., Apple, Inc., Facebook, Inc. and Microsoft Corp. were issued Special Orders from the Federal Trade Commission (FTC) demanding they make available information and documents on acquisitions unreported to antitrust agencies under the Hart-Scott-Rodino (HSR) Act.  The order requests documents discussing terms, scope, structure and reason for transactions from these big name