by Brian Mahany (reprinted with permission from MahanyLaw.com)
Government tax authorities asking banks and credit card companies for information on foreign account holders is hardly news these days. The I.R.S. does it, so do Germany, Britain and many other countries. Officials want to know when their citizens transfer wealth overseas or open foreign accounts. Generally the …
How Stupid Can They Get? Plenty Stupid!
(A discussion of fraudulent conveyances)
by Brian Mahany
(Reprinted from our sister firm’s blog, MahanyLaw, www.mahanylaw.com)
It was inevitable - massive fraud in the government’s bailout program from 2008. The U.S. Troubled Assets Relief Program (or “TARP”) had it’s first major arrest. Charles Antonucci, former head of New York’s Park Avenue Bank, …
by Brian Mahany
The IRS has announced its Criminal Investigation Annual Business Plan for FY2010. This year’s plan is part of the IRS’ larger 5 year strategic plan for 2009 - 2013. Those of us who are baby boomers remember the then Soviet Union’s “5 year plans.” Like the IRS strategic plan, those plans were big …
by Brian Mahany
Just about everyone has an opinion on President Obama’s health care legislation. Some say it will bankrupt our nation. Others say the health care plan is badly needed. Whatever your opinion on the substance of the bill, I say that 99.9999% of Americans have not even read the bill. Unfortunately, the only …