The need for a revolutionary approach in fraud prevention is clear.

The 6-3 decision could reduce the commission's leverage to extract high-dollar settlements.

Card shark; the roof falls in; a dynamic duo; and other highlights of recent tax cases.

The Corporate Transparency Act, ostensibly meant to address scams and other crimes, has ironically opened the door to new kinds of scams directed at small-business owners.

In advance of World Elder Abuse Awareness Day, the Internal Revenue Service is highlighting how criminals target older citizens.

Ilit Raz, CEO and founder of now-shuttered Joonko, was charged with defrauding investors of at least $21 million by making false and misleading statements about the company.

The growing number of fraud victims who suffer staggering financial losses often find themselves having to pay Uncle Sam for their missing income, experts say.

An international coalition of tax authorities has released a list of possible risk indicators for cryptocurrency-related crimes, many of which have to do with privacy and anonymity.

The Ministry of Finance may announce the penalties on Big Four firm PwC as soon as this week.

Tax professionals will need to take extra steps to get access to certain systems and information.

Old IRS tech; lead, don't manage; an MP want-ad; and other highlights from our favorite tax bloggers.

The first step in identifying invoice fraud and stopping it is knowing what you're looking for.

Senior citizens often fall victim to elder financial abuse, even at the hands of their closest relatives, but accountants can help protect them.

Allen Weisselberg admitted to falsely testifying about his role in the valuation of assets the state proved at trial had been inflated for years to get favorable terms on loans.

Companies lose an estimated 5% of their revenue each year due to fraud, according to a report from the Association of Certified Fraud Examiners.

Mike Lynch's Autonomy Corp. used a number of accounting tricks to make its revenue growth appear better than it was, say prosectors.

Scale of the crime; a favorite client; with a bullet; and other highlights of recent tax cases.

Paul Pereira denied making false and misleading statements about his company's performance to boost its stock.

The Public Company Accounting Oversight Board is proposing a new rule to prevent auditing firms from making false or misleading statements about being registered or overseen by the PCAOB.

Data shows that people lost at least $1.56 billion in 2023 from cryptocurrency-related fraud schemes.