Financial crimes

Internal Revenue Service criminal investigators mainly pursued law-abiding citizens and businesses when seizing assets in civil forfeiture cases because they were easier to go after, according to a new government report.

The second-largest Swiss wealth manager faces a sweeping tax evasion and money laundering investigation spanning five countries and potentially involving thousands of account holders.

Repeat-offender preparer pleads guilty; false filing among many charges in $3 million fraud; Belize accounts; and other highlights of recent tax cases.

The British grocery company agrees to a 214 million pound penalty to resolve regulatory probes.

Inflating and stealing refunds, three sentenced for faking Scheduled C figures; and other highlights of recent tax cases.

No matter how small your firm is, your clients’ information is very tempting to hackers.

KPMG said it has been cooperating with authorities on an investigation of a former official at New York’s Metropolitan Transit Authority who has been accused of steering work to the Big Four firm.

More businesses are failing to remit payroll taxes, with 1.4 million employers owing approximately $45.6 billion in unpaid employment taxes, interest and penalties as of December 2015.

The Public Company Accounting Oversight Board has sanctioned a former partner of PricewaterhouseCoopers Auditores Independentes in Brazil for audit failures involving Sara Lee Corporation.

An ITS preparer sentenced, an injunction for ‘serial tax fraud,’ and other highlights of recent cases.

The Securities and Exchange Commission said Tuesday that an auditor in Silicon Valley has agreed to settle insider trading charges.

The Securities and Exchange Commission has charged two former executives at iPayment, a Westlake Village, California-based credit card processing company, with overseeing a scheme to steal millions of dollars via bogus expense reimbursements, inflated invoices and various accounting maneuvers.

With as much as $3 billion on the line, Jon Corzine is trying again to explain away a spectacular blot on his business legacy.

Tax attorneys who didn’t file, 19 suspended preparers in Maryland, and other highlights of recent tax fraud cases.

Medbox founder agrees to disgorge $12M and banning

PricewaterhouseCoopers LLP is putting the blame on MF Global Holdings Ltd.’s former chairman Jon Corzine for the New York brokerage’s collapse in 2011.

Homex allegedly falsified sales of over 100,000 homes to inflate revenue for three years in a row.

PricewaterhouseCoopers LLP’s epic screw-up at the Oscars could carry a high cost if jurors arrive at a malpractice trial next week suspecting the global accounting firm is error-prone.

A California tax prep office is robbed, plus our weekly roundup of tax fraud cases.

Caterpillar Inc., the bellwether U.S. equipment maker praised just last week by President Donald Trump, now finds itself a government target as federal tax and banking authorities raided its Illinois offices.