US

IRS Criminal Investigation casework mainly focused on significant legal source tax investigations, with increasing numbers of high-quality, high-impact criminal investigations with international tax administration aspects.  The public may be surprised to know that IRS Special Agents have a significant impact in the area of public corruption.  

You’ve been told about the importance of social networks ad nauseum, but between casework, your personal life and actual in-person networking, finding the time to tend to these profiles can be demanding. However, any asset recovery^* and financial crime professional trying to build a name in the field – even if your position precludes you from being prominent – should know the basics.

Forensic accounting has been around for decades, but only in the last 10 years have people become aware of the profession on a wide scale. In this article, originally appearing in the Wisconsin Law Journal, IAAR expert speaker Tracy L. Coenen gives her best practices to tracing frauds. Download now...

While the News of the World phone hacking investigation is still in its early stages, the possibility of parent company News Corp. being forced to make restitution to victims, families, shareholders and even the UK and US governments through civil and criminal litigation, and the US Foreign Corrupt Practices Act, is very real.

Citigroup Inc. asked a bankruptcy judge to throw out a $430 million lawsuit brought by the Trustee in the Bernard Madoff bankruptcy^*. The trustee doesn’t allege and can’t claim that Citigroup defendants had actual knowledge of the insolvency^* of Madoff’s firm or that any transfer they received was made with a fraudulent purpose, the New York-based bank said in a filing yesterday in U.S. Bankruptcy^* Court in Manhattan.