The Securities and Exchange Commission has been launching enforcement actions against various types of financial fraud schemes, with improper revenue recognition seen as the most common type of fraud, according to a new analysis.

Fraud is continuing to increase this year, in part due to the COVID-19 pandemic, according to a new survey by the Association of Certified Fraud Examiners.

Major providers will offer an option for MFA, and the IRS strongly encourages users to take advantage of this added security measure.

The IRS is working with tax professionals to warn the public about coronavirus scams.

The single-family house on Forestview Avenue in Euclid, Ohio, a suburb of Cleveland, shows no signs of farming activity. The only things growing on the one-eighth-acre plot are trees, shrubs and grass.

The Division of Enforcement's annual report also highlights non-pandemic-related issues that arose in fiscal year 2020 and strategic operational changes.

For a few months this year, a U.S. government aid program meant for struggling small-business owners was handing out $10,000 to just about anyone who asked. All it took was a five-minute online application. You just had to say you owned a business with at least 10 employees, and the grant usually arrived within a few days.

Grant Thornton has prevailed in an appeal by a former tax client who had sued after the firm failed to advise him of a tax strategy that potentially could have saved him over a million dollars and then allegedly tried to cover up the error.

The Anti-Fraud Collaboration has released a report on the importance of skepticism by auditors and finance professionals.

But the federal government has been able to correct some of its earlier missteps, like sending millions of stimulus checks to the deceased, according to the Government Accountability Office.

The COVID-19 pandemic is encouraging various forms of fraud, according to the Association of Certified Fraud Examiners.

COVID-19 has created new challenges and a remote work environment that heightens the risk of fraud at public companies.

Requiring so little from applicants and giving so little guidance to them is virtually begging for fraudulent loan applications to be submitted or for good faith errors to be made.

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.