Tagged with "IRS"

IRS Awarded $300 Million to Whistleblowers in 2018

Posted on February 12th, 2019 at 12:05 PM
IRS Awarded $300 Million to Whistleblowers in 2018

According to the Internal Revenue Service’s annual report for 2018, its whistleblower reward program has triggered collections of over $1.4 billion in sanctions from individuals and entities involved in tax fraud and other related violations.

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Connecticut Man Pleads Guilty in Securities Fraud Scheme

Posted on November 28th, 2016 at 9:14 AM
Connecticut Man Pleads Guilty in Securities Fraud Scheme

Christian Meissenn, also known as “Christian Nigohossian,” from Suffield, Connecticut pled guilty to one count of conspiracy to commit mail and wire fraud and one count of tax evasion before a U.S. District Court judge. 

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Wisconsin Business Man Under Investigation for Running A Ponzi Scheme

Posted on November 26th, 2014 at 12:00 PM
Wisconsin Business Man Under Investigation for Running A Ponzi Scheme

According to IRS criminal investigators, a business man from Wisconsin orchestrated a $7.5 million Ponzi scheme.

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LATEST NEWS AND ARTICLES

April 25, 2024
B. Riley Financial Clears Air Amid Allegations, Stock Surges

Amidst swirling speculation regarding its connections with a client linked to the Prophecy Asset Management collapse, B. Riley Financial Inc. has conducted an internal
review, concluding no affiliations with the defunct hedge fund.

April 24, 2024
RIA Insurance Claims Skyrocket

A recent analysis by Golsan Scruggs reveals a staggering 231 percent increase in errors-and-omissions (E&O) liability claims among registered investment advisor (RIA)
insurers.

April 23, 2024
Surge Predicted in Regulation Best Interest Cases

According to a recent analysis, Reg BI-related actions quickly have ascended to the top five issues for FINRA, with fines totaling $6 million in 2023.