Credit Suisse Group AG is dealing with the fallout of a fraud at its international wealth management business, two years after it was criticized by a regulator in a similar case that rattled the bank and raised questions about controls.

The fraud that brought down tiny Commerzialbank Mattersburg im Burgenland AG raises questions for financial regulators and auditors that have uncomfortable echoes of the Wirecard AG debacle in neighboring Germany.

The firm is awaiting a ruling in a case involving a manufacturing company owner who sued the firm for fraud, negligence and other claims after the firm failed to advise him of a tax strategy.

President Donald Trump urged a judge to block a New York grand jury from reviewing his tax filings and disputed a suggestion by Manhattan District Attorney Cyrus Vance Jr. that the panel may be looking into bank and insurance fraud at the Trump Organization.

The speed and scale of the Paycheck Protection Program made it particularly susceptible to fraud, explains Juliette Gust, a forensic accountant and founder of Ethics Suite -- and that means businesses need to take steps to protect themselves.

The COVID-19 pandemic has infected the service’s annual list of top tax scams.

The committee’s suggestions for the IRS include collaborating with the FTC.

The Internal Revenue Service told nursing homes and other care facilities Tuesday that they shouldn’t be seizing their residents’ economic impact payments.

As hackers and fraudsters take advantage of the chaos of the pandemic, cyberattacks are skyrocketing, according to SC&H Group director Jeff Bathurst -- making cybersecurity all the more important for accounting firms.

As companies are evaluating continued operations, balancing profits with acceptable levels of loss, functioning with massively more remote work and trying to make up for economic disruptions, the first thought tends to be “How can we cut costs?”

Grant Thornton CEO Brad Preber and principal Linda Miller, who leads the firm's fraud and financial crimes practice, offer strategies to help businesses protect themselves from fraud amid the pandemic environment.

Grant Thornton CEO Brad Preber and principal Linda Miller, who leads the firm’s fraud and financial crimes practice, explain why the coronavirus pandemic and the government response to it have created unique opportunities for fraud.

In addition to resources and information on various pandemic-related frauds, taxpayers can email the services tips directly.

The typical case of fraud costs $8,300 per month, and the median duration of each fraud case was 14 months.

The Internal Revenue Service is bracing for another epidemic -- scammers trying to get their hands on the $1,200 payments being sent out to millions of Americans to bolster the economy.

Practitioners are working on education, prevention and remediation.

Two former Puerto Rico officials, along with the head of an accounting firm and three others, were indicted over allegations of theft, money laundering and wire fraud, escalating federal investigations that have been swirling around the bankrupt U.S. territory.

A new report recommends several approaches to help companies avoid malfeasance.

Criminal Investigation veteran Damon Rowe will launch the new effort to fight the unscrupulous.

CPA financial planners are noticing scams perpetrated against their elderly clients, according to a new survey by the American Institute of CPAs.