In a lawsuit filed by not-for-profit corporations serving Latino immigrants against the U.S. Secretary of the Treasury and IRS, court filings have revealed that the IRS and U.S. Department of Homeland Security (DHS), acting...more
4/22/2025
/ Audits ,
Criminal Liability ,
Criminal Prosecution ,
Department of Homeland Security (DHS) ,
Employer Liability Issues ,
Enforcement Actions ,
Immigration Enforcement ,
Immigration Procedures ,
IRS ,
ITIN ,
Memorandum of Understanding ,
Payroll Records ,
Payroll Taxes ,
Popular ,
Undocumented Immigrants
Business email compromise (BEC) fraud, driven by technology and increasing sophistication by criminal organizations, has become a major issue for both consumers and financial institutions. According to a September 2024...more
4/3/2025
/ Appeals ,
Corporate Liability ,
Credit Unions ,
Electronic Communications ,
Email ,
Financial Crimes ,
Financial Institutions ,
Financial Services Industry ,
Fraud ,
Liability ,
Phishing Scams ,
Privity of Contract ,
Scams ,
Uniform Commercial Code (UCC)
In the latest development of the ongoing Corporate Transparency Act (CTA) saga, the U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) on March 21, 2025, issued an interim final rule that...more
3/25/2025
/ Beneficial Owner ,
Corporate Governance ,
Corporate Transparency Act ,
Domestic Corporations ,
Enforcement Priorities ,
Filing Deadlines ,
FinCEN ,
Foreign Corporations ,
Interim Final Rules (IFR) ,
Notice and Comment ,
Reporting Requirements
The U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) on March 11, 2025, issued a Geographic Targeting Order (the Southwest GTO) as part of a "whole-of-government approach" to leverage all...more
3/14/2025
/ Anti-Money Laundering ,
Bank Secrecy Act ,
BSA/AML ,
Cartels ,
Executive Orders ,
Financial Services Industry ,
FinCEN ,
Geographic Targeting Order ,
Human Trafficking ,
Money Laundering ,
Reporting Requirements ,
Significant Transnational Criminal Organization ,
Trump Administration ,
U.S. Treasury
On Feb. 18, 2025, in a case seeking declaratory and injunctive relief against the SEC, the U.S. Department of Justice (DOJ) filed a Notice of Change in Position indicating that the DOJ will no longer defend in litigation "the...more