The article explains a legal split on whether the IRS can extend the tax assessment period based on a third party’s fraudulent intent. The Third Circuit in Murrin (2025) ruled it can, while the ...

An employee at a store in South Carolina used the company credit card to spend more than $60,000, according to the Lee County Sheriff's Office. Ashley Ardis, 42, is charged with breach of trust with ...

Federal Reserve Governor Lisa Cook’s defense argues she had no intent to defraud in a DOJ mortgage fraud investigation.

As we discussed a few weeks ago,[i] the IRS is charged with enforcing the U.S. federal tax laws; i.e., it is responsible for processing tax returns and for collecting taxes. As part of its collection ...

Most types of financial fraud are relatively straightforward: the fraudster uses creative accounting, inflated numbers, or out-and-out lies to trick their victim into handing over money or valuables ...

NCLAT Chennai held that suspended directors rightly directed to pay amount to liquidation estate of Corporate Debtor since evidence presented did substantiated the determination of fraudulent ...