A recently announced SEC investigation into hedge fund fraud reads like a high-concept movie synopsis that is a cross between “The Wolf of Wall Street” and “The Producers.” Only this time it’s Wall Street investors who are allegedly being duped, not backers of a Broadway production. The regulator is charging that Moazzam “Mark” Malik has… Read More >>
Credit Suisse Defrauds IRS as EC Takes on Big Players
Not only is Credit Suisse admitting guilt and paying $2.6 billion in fines for helping U.S. taxpayers file false income tax returns with the IRS, the bank has also agreed to comply with the Foreign Account Tax Compliance Act (FATCA) and other tax treaties as part of a plea agreement with the U.S Department of… Read More >>
