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UK’s ThirdFort nabs $20M for tools to help with ID verification, and detect money laundering and payment fraud

Money laundering has been a hot topic of late in the UK, which is facing pressure to not just make tighter rules to track down the origins of money that’s […]




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Data Leak Exposes How a Swiss Bank Served Strongmen and Spies

The client rosters of Swiss banks are among the world’s most closely guarded secrets, protecting the identities of some of the planet’s richest people and clues into how they accumulated […]




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Vast Leak Exposes How Credit Suisse Served Strongmen and Spies

The client rosters of Swiss banks are among the world’s most closely guarded secrets, protecting the identities of some of the planet’s richest people and clues into how they accumulated […]




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Hedge Fund’s Insiders Agree to Pay as Much as $7 Billion to I.R.S.

A yearslong dispute between a pioneering hedge fund and the Internal Revenue Service ended Thursday with an enormous bill for taxes and penalties: as much as $7 billion.James Simons, a […]




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John McAfee Dies in Spanish Prison

By 2015, he was back in the United States and, after an arrest in Tennessee on gun and drunken-driving charges, ran for president as a Libertarian, with his campaign video […]




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How Private Equity Firms Avoid Taxes

There were two weeks left in the Trump administration when the Treasury Department handed down a set of rules governing an obscure corner of the tax code.Overseen by a senior […]







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Biden Seeks $80 Billion to Beef Up I.R.S. Audits of High-Earners

WASHINGTON — President Biden, in an effort to pay for his ambitious economic agenda, is expected to propose giving the Internal Revenue Service an extra $80 billion and more authority […]




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Whistle-Blower Says Credit Suisse Helped Clients Skip Taxes After Promising to Stop

The Swiss bank also hired Mr. Wray, then a partner at King & Spalding in Washington who had served as the head of the Justice Department’s criminal division and oversaw […]




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A Buyout Fund C.E.O. Got in Tax Evasion Trouble. Here’s Why Investors Shrugged.

Still, the low-key response to Mr. Smith’s tax violations stands in contrast to how a scandal played out involving Leon Black, a fellow private equity billionaire and a co-founder of […]