Podcasts about financial crimes enforcement network

‘As we start to piece this all together, we found that there were certain trends and typologies that were very similar in terms of how China was working with Russia, as well as how China was working with Iran, and then just kind of shaping out this broader network of actors.' In the latest episode of the Sanctions Space Podcast – recorded at the ACAMS Hollywood Assembly - Justine is joined by Kimberly Donovan, director of the Economic Statecraft Initiative within the Atlantic Council's GeoEconomics Center. They discuss geopolitical trends and the interrelation with sanctions compliance - including the emergence of an ‘axis of evasion' network utilizing techniques such as barter trade to circumvent sanctions restrictions - and how modern financial crime fighters need to increase their understanding of the evolving geopolitical environment in order to build it into their programs. Prior to joining the Atlantic Council, Kimberly served in the federal government for fifteen years, most recently as the acting associate director of the Financial Crimes Enforcement Network's (FinCEN) Intelligence Division and FinCEN's chief of staff and senior advisor to the director. Read Kimberly's full bio here. https://www.atlanticcouncil.org/expert/kimberly-donovan/

Farmers, ranchers, and other small businesses can breathe a sigh of relief: they no longer have to file ‘beneficial ownership information' with the Treasury Department's Financial Crimes Enforcement Network.

Millions of US companies are off the hook when it comes to disclosing their beneficial owners' identities to the federal government, after the Trump administration announced it wouldn't enforce penalties for domestic entities under the Corporate Transparency Act. The Treasury Department's previous regulations had required about 30 million businesses operating in the US to disclose who directly or indirectly controlled them in reports to the Financial Crimes Enforcement Network. But in a pivot from the previous administration, the Treasury now says all US entities are exempt from reporting requirements. The move was the latest twist in a wave of litigation against the law, which some companies argue oversteps Congress's authority to regulate interstate commerce. Following a nationwide injunction blocking the CTA's enforcement in December 2024, businesses across the country faced whiplash as the law and the previous version of its implementing regulations were successively enjoined past the original January 2025 compliance deadline. But now, facing a narrower scope of which companies are obliged to comply under new rules, appeals courts must now grapple with whether newly exempt domestic companies retain their standing to sue. On this episode of Talking Tax, Bloomberg Tax audio producer David Schultz talks with Bloomberg Law reporter John Woolley about the year-long legal drama around the Corporate Transparency Act, how the Trump administration disrupted that litigation, and how the Treasury's policy changes could impact the fight against international financial crime. Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.

Helping clients with these filings isn't just a responsibility—it's a chance to enhance your practice and grow your billable hours.Quick Tax TipWith Art WernerCPE TodayToday, tax professionals are navigating an increasingly complex landscape, where compliance extends beyond the familiar Internal Revenue Service (IRS), including FinCEN and the Financial Crimes Enforcement Network. A division of the U.S. Treasury Department, FinCEN gained prominence after 9/11 to combat organized crime, money laundering, drug trafficking, and terrorism. While tax professionals may already be familiar with FinCEN Form 114 for reporting foreign financial accounts, new requirements under the Corporate Transparency Act are reshaping the compliance responsibilities of tax advisors.Click here for more Art WernerEffective January 1, 2024, the Corporate Transparency Act (CTA) introduces new reporting requirements to increase corporate ownership transparency. Tax professionals must now help clients identify and report the beneficial owners of their companies. This information must be updated whenever there is a change in ownership, making ongoing compliance a critical concern.

The Corporate Transparency Act is the new law that requires certain “reporting companies” (corporations or LLCs of fewer than 20 employees and $5 million or less in revenue) to report beneficial ownership information to FinCEN, the Financial Crimes Enforcement Network, or else face daily fines and up to two years imprisonment! A federal court in Texas issued a nationwide preliminary injunction in early December 2024, preventing the federal government from enforcing the law for the time being. An appeals court then changed course later in December – only to vacate its own decision days later, again pausing the reporting requirements. The result is that reporting companies are not under obligation to report – for now – but this appeal is ongoing such that the duty to report could once again come into effect. Consult your lawyer and accountant for additional guidance and go to FinCEN.gov/boi for news alerts as the situation develops. ***** Note that the criteria for reporting companies overlaps quite closely with the profile of an independent oil and gas company as defined by the IPAA, citing the IRS Code (See IPAA.org). - - - - - This message is for informational purposes only and is not, nor is intended to be, legal advice. Contact your legal counsel and accountant for additional guidance and see FinCEN FAQs at FinCEN.gov/boi.

The Corporate Transparency Act introduces significant reporting requirements for many businesses in the United States. Most small businesses are now required to file a Beneficial Ownership Information Report with the Financial Crimes Enforcement Network. But the Better Business Bureau serving Connecticut says this new form can lead to an increase in scams. We spoke with Kristen Johnson with the BBB about the potential risks and what to look out for. The government form: Beneficial Ownership Information Reporting | FinCEN.gov Image Credit: Getty Images

This is an update for Profits with Pajak Episode #285  We cover the latest developments in the Beneficial Ownership Information (BOI) reporting requirements.  Learn about the new deadlines, recent legal challenges to the Corporate Transparency Act, and what these changes mean for your business.  Plus, I share my perspective on why this legislation could be unconstitutional and what you can do to prepare. Learn more for yourself at the official government website Fincen.gov/boi

Sources:As Nationwide Fraud Losses Top $10 Billion in 2023, FTC Steps Up Efforts to Protect the Public. (2024, February 9). Federal Trade Commission. https://www.ftc.gov/news-events/news/press-releases/2024/02/nationwide-fraud-losses-top-10-billion-2023-ftc-steps-efforts-protect-publicBBB Tip: 10 steps to avoid scams. (2024, June 21). Better Business Bureau. https://www.bbb.org/article/tips/8767-bbb-tips-10-steps-to-avoid-scamsThe Latest Scams You Need to Be Aware of in 2024, By DeNicola, L. (2023, December 30). https://www.experian.com/blogs/ask-experian/the-latest-scams-you-need-to-aware-of/​​Empowering Fraud Fighters. (n.d.). Financial Industry Regulatory Authority Foundation. https://www.finrafoundation.org/networks-we-strengthen/fighting-fraudInternet Crime Report 2023 by The Federal Bureau of Investigations. (2024). In Internet Crime Complaint Center. https://www.ic3.gov/Media/PDF/AnnualReport/2023_IC3Report.pdf National Center for Victims of Crime, Financial Crime Resource Center: https://victimsofcrime.org/financial-crime-resource-center/ Financial Crimes Enforcement Network, FinCEN Resource Center: https://www.fincen.gov/fincen-resource-centerFletcher, E. (2023, October 6). Social Media. Federal Trade Commission. https://www.ftc.gov/news-events/data-visualizations/data-spotlight/2023/10/social-media-golden-goose-scammersIdentity Fraud Cost Americans $43 Billion in 2023. (2024, April 10). American Association of Retired People. https://www.aarp.org/money/scams-fraud/info-2024/identity-fraud-report.htmlIs Fraud Always a Federal Crime? (2024, March 20). Stechschulte Nell. https://www.tpatrialattorneys.com/fraud-always-federal-crime/Criminal Consumer Fraud, Must the Goals of Deterrence and Compensation Be Mutually Exclusive? By The American Journal of Criminal Law, Kirschner, N. M. (1979). https://www.ojp.gov/ncjrs/virtual-library/abstracts/criminal-consumer-fraud-must-goals-deterrence-and-compensation-beRecovering From Online Fraud. National Crime Victim Law Institute: https://ncvli.org/recovering-from-financial-fraud-and-identity-theft-services-for-victims/#:~:text=%E2%80%93Identity%20Theft%20Resource%20Center%20What Are Some Common Types of Scams? (2024, March 13). Consumer Financial Protection Bureau. https://www.consumerfinance.gov/ask-cfpb/what-are-some-common-types-of-scams-en-2092/Resources:FBI Internet Complaint Center: https://www.ic3.gov/FBI Tip Center: http://tips.fbi.govBBB Scam Risk Calculator: https://www.bbb.org/all/scam-prevention/risk-calculatorCybercrime Support Network: https://fightcybercrime.org/Identity Theft Resource Center: https://www.idtheftcenter.org/Financial Industry Regulatory Authority: https://www.finra.org/Report Fraud to the Federal Trade Commission: https://reportfraud.ftc.gov/For additional resources and a list of related non-profit organizations, please visit http://www.somethingwaswrong.com/resourcesFollow Something Was Wrong:Website: somethingwaswrong.com IG: instagram.com/somethingwaswrongpodcastTikTok: tiktok.com/@somethingwaswrongpodcast Follow Tiffany Reese:Website: tiffanyreese.me IG: http://www.instagram.com/lookieboo The Data Points cover art is by the Amazing Sara Stewart. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

FF: CTA Injunction Thanks to a group of liberty loving citizens, an injunction has been issued for the Corporate Transparency Act. This would have required you to report yourself to the Financial Crimes Enforcement Network & created more hurdles to running a business. There are both 1st Amendment & 4th Amendment issues with this law. In Ohio HB93 is Moving toward passing. This also restores property rights & encourages personal responsibility. America & the world are moving toward more freedom. Help out by having the courage to say NO to the government. Making donations to the Non-Profit law firms who help protect our rights. Even just shopping at places that stand up for your rights helps. 1851 Center for Constitutional Law Pacific Legal Foundation www.RealPowerFamily.com

On Hacking Humans, Dave Bittner, Joe Carrigan, and Maria Varmazis (also host of N2K's daily space podcast, T-Minus), are once again sharing the latest in social engineering scams, phishing schemes, and criminal exploits that are making headlines to help our audience become aware of what is out there. This week, our hosts dive into some follow up from listener Will. who writes in about the Financial Crimes Enforcement Network. They also share after an anonymous listener writes in with a suggestion on filtering scam emails using the DocuSign API. Maria follows the story of how Black Friday is increasingly being dubbed "Black Fraud Day," as criminals exploit the festive shopping frenzy to scam eager bargain hunters, often using AI to create convincing fraud schemes. Joe has two stories this week. The first one is on scammers exploiting financially distressed individuals by posing as the "Bankruptcy Fraud Watchdog Group," threatening bankruptcy filers with false accusations and fines payable in Bitcoin, while warning them against contacting their attorneys. The second story explores the rise of deepfake scams in the U.S., with criminals using AI-generated videos of celebrities like Elon Musk to deceive victims into fraudulent cryptocurrency investments, contributing to over $12 billion in annual fraud losses. Finally, Dave share's a story on a new wave of deepfake scams, where AI-generated videos of Elon Musk trick unsuspecting victims into investing large sums, contributing to billions in fraud losses. Our catch of the day comes from Raul, who shares a scammy text message sent to his mother, sharing his efforts to educate her on spotting fraudulent messages. Resources and links to stories: Black Friday turning into Black Fraud Day, says UK cybersecurity chief U.S. Trustee Program Warns Consumers of Bankruptcy Fraud Alert Scam Deepfakes of Elon Musk are contributing to billions of dollars in fraud losses in the U.S. Inside the Mind of Thru-Hiking's Most Devious Con Man You can hear more from the T-Minus space daily show here. Have a Catch of the Day you'd like to share? Email it to us at hackinghumans@n2k.com.

Saved by the bell? Millions of American businesses faced a January 1 deadline to register their beneficial owners with the Financial Crimes Enforcement Network — until a federal judge issued a preliminary injunction yesterday stopping FinCEN from enforcing the deadline. On the latest episode of the ABA Banking Journal Podcast — sponsored by TransUnion — ABA experts Heather Trew and Jonathan Blum discuss: What bankers and their business clients need to know about the preliminary injunction and its provisions. How the preliminary injunction does not affect financial institutions' customer due diligence requirements — even if businesses are not required to report their beneficial ownership information to FinCEN, banks are still obliged to collect it from clients as part of CDD. Potential ramifications for AML/BSA activities if the Corporate Transparency Act that authorized the BOI registry is found to be unconstitutional. How this and other cases challenging the BOI registry may shake out, as well as the range of views on Capitol Hill on where to go from here. How ABA is engaging with both the current Congress and administration, and will advocate with the next Congress and incoming presidential administration, on these issues. This episode is presented by TransUnion.

Check fraud rose nearly 400% in the U.S. last year, according to a Financial Crimes Enforcement Network report. And scammers are now using social media to promote a low-tech check scheme and post tips for other fraudsters. Wall Street Journal reporters Oyin Adedoyin and Justin Baer join host J.R. Whalen to discuss how it works and what you can do to protect your money.  Sign up for the WSJ's free Markets A.M. newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices

The President-elect has been shocking allies and foes alike with his nominations for cabinet posts. While some will have more impact on the industry than others, the nomination of Robert F Kennedy, Jr will likely cause shock waves up and down the food supply as he goes after processed food, sodium, sugar and other additives. It's going to be a wild ride. And we are joined by David King, the Guidance and Outreach Director for the U.S. Treasury Department's Financial Crimes Enforcement Network to talk about pending regulations regarding Beneficial Ownership Information that all employers must submit to the agency to comply with the Corporate Transparancy Act. He will walk us through the origin of the law, why it's necessary, and the responsibility of all business owners to file the information. We'll talk about those issues and wrap it up with the legislative scorecard.

The Internal Revenue Service will sponsor a free one-hour webinar designed to help the many businesses that must report their beneficial ownership information to the Treasury Department's Financial Crimes Enforcement Network. Because this is not an IRS or tax-related requirement, FinCEN representatives will conduct the webinar on this new anti-money laundering provision. The webinar will take place on Tuesday, Nov. 19, 2025, beginning at 2 p.m. ET. Many companies created or registered to do business before Jan. 1, 2024, must e-file their initial beneficial ownership information (BOI) to FinCEN by Jan. 1, 2025. This means reporting the names and other... For the written story, read here >> https://www.signalsaz.com/articles/many-businesses-must-report-beneficial-ownership-information-to-treasury-by-jan-1/Check out the CAST11.com Website at: https://CAST11.com Follow the CAST11 Podcast Network on Facebook at: https://Facebook.com/CAST11AZFollow Cast11 Instagram at: https://www.instagram.com/cast11_podcast_network

In this episode of “Financial Crime Matters”, Kieran talks with ACAMS colleague, Craig Timm, Senior Director of AML at ACAMS. Craig and Kieran do a deep dive into the recent settlements by TD Bank with the US Department of Justice, the Federal Reserve Board, the Office of the Comptroller of the Currency, and the Financial Crimes Enforcement Network that resulted in more than $3 billion in monetary penalties, ongoing remediation and monitorships, as well as the prosecution of two bank insiders. With more individual prosecutions likely, Craig and Kieran layout the lessons for financial institutions from settlements and discuss how compliance professionals can protect themselves from culpability when their financial institutions go astray.

Today's episode is a little different. Lisa Whitman is joining us to help shed light on the Beneficial Ownership Information Report. You may not know about this report or that anyone that has an LLC or corporation needs to file it based on the requirements of the Federal Corporate Transparency Act. This law was enacted in 2021 but went into effect January 1st, 2024 under the Financial Crimes Enforcement Network. If you don't file this form for your LLC or corporation, you could be subject to a $10,000 fine.  Lisa is a Former Miss Rodeo USA, she grew up on a ranch and farm, and she's an attorney with over 25 years of experience practicing in Oklahoma and Texas. She also created Morgan Wyatt, a business service company that is currently helping businesses file their Beneficial Ownership Information Report form.  This form needs to be filed by December 31st, 2024, but don't panic! In this episode, Lisa helps us navigate where to file, who can help you file, reasons you might have to re-file, and what scams to avoid.    Resources & Links: Trello Join The Directory Of The West Get our FREE resource for Writing a Strong Job Description Get our FREE resource for Making the Most of Your Internship Email us at hello@ofthewest.co Join the Of The West Email List List your jobs on Of The West   Connect with Lisa Whitman Morgan Wyatt website   Connect with Jessie: Follow on Instagram @ofthewest.co and @mrsjjarv Follow on Facebook @jobsofthewest Check out the Of The West website Be sure to subscribe/follow the show so you never miss an episode!  Learn more about your ad choices. Visit megaphone.fm/adchoices

IRS tax attorney Steven A. Leahy of the Law Office of Steven A. Leahy, PC with Opem Tax Advocates, joins the program to discuss filing beneficial ownership information reports and how the federal Corporate Transparency Act affects condo board members. For more information, visit fightbacknow.com.

The bedrock of the legal profession is a commitment to upholding the rule of law. Unfortunately, as Stanford Law researchers discover in the complex world of international sanctions, lawyers can often facilitate non-compliance and evasion.It's been two years since Russia's illegal invasion of Ukraine. And yet, businesses are still skirting sanctions imposed on Russia. As Erik Jensen, director of the Rule of Law Program at Stanford Law School, and law students Sarah Manney and Kyrylo Korol explore in this episode of Stanford Legal, lawyers could be playing a critical role in enabling Russian Oligarchs' evasive maneuvers.With hosts Rich Ford and Pam Karlan, the three guests explore the intricate relationship between legal practice and international sanctions, discussing insights from their research, the ethical responsibilities of lawyers, and potential solutions for safeguarding the rule of law.Connect:Episode Transcripts >>> Stanford Legal Podcast WebsiteStanford Legal Podcast >>> LinkedIn PageRich Ford >>>  Twitter/XPam Karlan >>> Stanford Law School PageStanford Law School >>> Twitter/XStanford  Law Magazine >>> Twitter/XLinks:Erik Jensen >>> Stanford Law School Page(00:00:00) Chapter 1: Introduction and OverviewKyrylo Korol discusses the responsibility of lawyers to uphold democracy and the impact of their actions on the profession. Hosts Rich Ford and Pam Karlan introduce the topic of Russia's invasion of Ukraine and the international response.(00:01:33) Chapter 2: Genesis of the Policy LabErik Jensen explains the inception of the Policy Lab focusing on sanctions against Russia, including the motivation from an S-Term course and subsequent student enthusiasm.(00:03:16) Chapter 3: Kyrylo Korol's Personal MotivationKyrylo Korol shares his dual perspective as a Ukrainian and American lawyer, emphasizing the need to keep the discussion on Russia's war against Ukraine alive and his personal drive to support Ukraine.(00:05:32) Chapter 4: Focus of the Policy LabThe team discusses the main areas of their research, including the role of Russian oligarchs in the war and the involvement of legal professionals in facilitating sanctions evasion.(00:12:57) Chapter 5: Comparative Analysis and Legal FrameworksThe conversation shifts to the comparative study of how different countries regulate lawyers concerning sanctions and money laundering, and the ethical obligations of U.S. lawyers with Sarah Manney.(00:21:25) Chapter 6: Challenges and Implications for the Legal ProfessionThe team delves into the implications of their findings for the legal profession, discussing the balance between upholding legal privileges and preventing abuse, and addressing systemic risks and de-risking issues.

EPISODE 41 DETAILS Producers Need To Review The Corporate Transparency Act To Avoid Costly Penalties The Corporate Transparency Act, passed by Congress in 2021,  requires companies to report beneficial ownership information to the Financial Crimes Enforcement Network (FinCEN), a division of the U.S. Department of the Treasury. The goal of the legislation is to reduce financial crime, but the new mandate will impact farmers and ranchers whose operations have fewer than 20 employees and are structured as corporations such as limited liability companies (LLC) or companies that are registered with the secretary of state.   Farms and ranches that are structured as corporations, LLCs, or other entities that file with the secretary of state may be subject to the Corporate Transparency Act and required to file a “beneficial ownership” report with the Financial Crimes Enforcement Network, identifying the individuals who own or manage the operation. For companies registered and operating before January 1, 2024, the deadline to file this report is the end of 2024. Companies registered or created in 2024 have 90 days from the date of registration or creation to file their beneficial ownership report. In 2025, the reporting period will be reduced to 30 days.  Again call your tax professionals for further details.  To review the Small Entity Compliance Guide, click HERE.   Superior Livestock Auction's Video Royale Sale In other news Superior Livestock Auctions wrapped up their Superior Video Royal Sale at the end of last week.  Depending on the region, feeder steers were mostly $5.00 to $8.00 lower and feeder heifers were $2.00 to $6.00 lower when compared to Superior Livestocks Week in the Rockies Sale.  Full results click HERE.   SPONSORS Trans Ova Genetics https://transova.com/ @TransOvaGenetics American Gelbvieh Association https://gelbvieh.org/ @AmericanGelbvieh Allied Genetic Resources https://alliedgeneticresources.com/ @AlliedGeneticResources Ranch Channel https://ranchchannel.com/ @RanchChannel   Questions & Concerns From The Field? Call or Text your questions, or comments to 707-RANCH20 or 707-726-2420 Or email RanchItUpShow@gmail.com FOLLOW Facebook/Instagram: @RanchItUpShow SUBSCRIBE to the Ranch It Up YouTube Channel: @ranchitup Website: RanchItUpShow.com https://ranchitupshow.com/ The Ranch It Up Podcast is available on ALL podcasting apps. https://ranchitup.podbean.com/   Rural America is center-stage on this outfit. AND how is that? Because of Tigger & BEC... Live This Western Lifestyle. Tigger & BEC represent the Working Ranch world by providing the cowboys, cowgirls, beef cattle producers & successful farmers the knowledge and education needed to bring high-quality beef & meat to your table for dinner. Learn more about Jeff 'Tigger' Erhardt & Rebecca Wanner aka BEC here: TiggerandBEC.com https://tiggerandbec.com/ #RanchItUp #StayRanchy #TiggerApproved #tiggerandbec #rodeo #ranching #farming REFERENCES https://www.fincen.gov/sites/default/files/shared/BOI_Small_Compliance_Guide.v1.1-FINAL.pdf https://superiorlivestock.com/market-report/

1.) MSP Question of The Week Employee Compenstion--How much is too much or too little? --- 2.) Notes on The News  Amy blog article – Financial Crimes Enforcement Network article Linkedin: https://nsitsp.org/news/financial-crimes-enforcement-network/ --- 3. Strategies for Local Businesses in Local Market  Tip and tricks for Local Businesses looking to network in their local market.  We also talk the pros and cons of radio, billboards, and even local team sponsors.  — Our upcoming events and more: MASTERMIND LIVE – Tampa, FL – June 27-28th http://bit.ly/kernanmastermind Use “EARLYBIRD” as the coupon code to save $200! Check out Amy's weekly newsletter!  Sign up now: https://mailchi.mp/thirdtier/small-business-tech-news Kernan Consulting “Weekly Tips”!  Sign up now: https://kernanconsulting.com/  Our Social Links: https://www.linkedin.com/in/james-kernan-varcoach/ https://www.facebook.com/james.kernan https://www.facebook.com/karlpalachuk/ https://www.linkedin.com/in/karlpalachuk/ https://www.linkedin.com/in/amybabinchak/ https://www.facebook.com/amy.babinchak/ https://thirdtier.net https://www.youtube.com/@ThirdTierIT — Sponsor Memo: Huntress Today's SMB Community Podcast is brought to you by Huntress Managed Security. Cybersecurity is more than software—it's also the expertise needed to effectively fight against today's evolving threat landscape. Huntress Managed Security is custom-built to provide human expertise and save your clients from cyber threats. Huntress' suite of fully managed cybersecurity solutions is powered by a 24/7, human-led SOC dedicated to around-the-clock monitoring, expert investigation, and rapid response. While you focus on growing your business, we provide first response to hackers. Huntress has the #1 rated EDR for SMBs on G2 and a partner support Satisfaction score average of 99%. To start a trial today, visit https://huntress.com/karl

On today's episode of the podcast we're taking about the Corporate Transparency Act and why it comes with a Beneficial Ownership Information report. Spoiler alert: you'll need to fill out the BOI form this year if you haven't already. When Congress makes new laws, they set a day when the law becomes effective. It's a heads up that they're changing the rules and that starting on that day-you'll be expected to obey. That delay gives everyone time to • read the new law, • ask questions about what the new law means, and • organize resources in preparation for the new law. In 2021 Congress passed a bundle of laws as part of the annual defense budget which came into effect on January 1st of this year called the Corporate Transparency Act. The Corporate Transparency Act requires most businesses to disclose certain information to the federal government. We'll cover: • whether or not your business is exempt from reporting,• whose information gets reported, and • how to report that information if you're required to do so. The Corporate Transparency Act is for helping law enforcement agencies find, prevent, and prosecute financial crimes. Financial crimes can look like a lot of different things. A popular example you see in movies is money laundering, when people get money from illegitimate sources but can't just go deposit it in a bank or use it to buy a car or a new house with it so they disguise it as other assets and run it through their business. People have been doing this for a very long time and proving it can be difficult. Back in 1970 Congress gave us the Bank Secrecy Act, which said banks have to actually help law enforcement identify and prosecute financial crimes. The reason was because banks didn't care where the money was coming from, they were getting paid and it wasn't their job to ask whether money was coming from a legitimate or criminal enterprise. Congress said banks don't get to turn a blind eye and have to report suspicious activity or really huge transfers. While this helped a lot, there was still plenty they couldn't catch. In 1990, Congress gave us a sub-department of the United States Treasury called the Financial Crimes Enforcement Network, or FinCEN. FinCEN lets law enforcement agencies talk to each other about that information that banks have to report, like suspicious activity or huge transactions. They compare notes, so even if a single blip on the radar didn't raise any alarms at the FBI, they might talk to state law enforcement and compare notes and find out about criminal activity they couldn't see before. FinCEN even gives awards every year to different agencies that successfully use FinCEN's data to prevent or prosecute crimes. For example, in 2023- • The Drug Enforcement Administration used FinCEN data to find and seize 4.5 metric tons of cocaine• The Secret Service and U.S. Postal Inspections Service used FinCEN data to shut down a scheme to compromise emails• And the Department of Justice's Civil Rights Division used FinCEN data to protect hundreds of victims of a human trafficking ring. But there was a huge absence of information for FinCEN that still made it really hard to crack down on financial crimes. FinCEN knew what the banks were telling them about suspicious activity and big transactions and what other agencies noticed about that information but they didn't know who was behind these semi-legitimate businesses. That's what this new law, the Corporate Transparency Act is for. Businesses affected by the law will have to complete a Beneficial Ownership Information report to FinCEN. While it's not a ton of information they require from you, it's information from a ton of people, and that tells them more than you might think and helps them discover a lot more criminal activity that they couldn't know about just from the banks or by talking to each other. By collecting a small amount of information about a lot of people, you can make connections in their interests, and gain insight into their activities. Congress says we're now going to use that method of data interpretation to catch financial crimes and the people who benefit from them. To comply with the law and tell them you aren't commiting financial crimes, you need to file a Beneficial Ownership Information report on FinCEN's website. I really doubt you fall under an exception, because basically the only companies that don't have to file are businesses that already have to give FinCEN a bunch of information, like banks. If your business was formed by filing with a secretary of state, you've got to dish your deets. LLC's, Corporations, whatever. If you created it by sending a piece of paper to your Secretary of State, you gotta tell FinCEN who you are. If you have an ownership interest in a business, same deal, dish the deets. Important note here: It doesn't matter to them if you have a controlling interest in a business, like the majority of shares or whatever. You are a quote “Beneficial Owner” as long as you have an ownership interest that you benefit from. If your name is going to be on a form to create a business like an LLC or corporation either this year or in the future, then you're what they're calling a Company Applicant, and you need to fill out a report. Whatever reason you have for filing a report, whether you formed a business or you're a beneficial owner, or your name is going on the paperwork for a new business-we're all going to the same place for this report. You go to FinCEN's website and they have a big ol' button on the front page that'll take you to file at https://www.fincen.gov/boi I recommend taking a minute to gather your info before you start, like, the same papers you would if you were jumping on a tax strategy or business entity formation call with me. We need stuff both for your business and for you personally, since you're a beneficial owner. For your business, you'll need to report: • Your full legal name• Any Doing Business As (DBA) or trade names• Your complete current U.S. address The State, tribal, or foreign jurisdiction of formation (wherever you sent the papers to create your company)• If it was formed abroad: the State or Tribal jurisdiction of first registration• And your IRS Taxpayer Identification Number (including Employer Identification Number) For each beneficial owner or company applicant, you'll report: • Full legal name• Date of Birth• Complete current residential address (except if you filed on behalf of a business, like if you're a paralegal)• Unique identifying number, issuing jurisdiction AND image of one of the following documents:• U.S. Passport• State driver's license• Identification document issued by a state, local government, or tribe. Great. Love it. Let's talk due dates. If your business creation documents were filed prior to January 1, 2024 then you have until January 1, 2025. Amazing. That date feels pretty far off, but we want to treat it like a tax deadline and make sure we have all our information in so we can file ahead of schedule and spend Deadline Day relaxing at the pool. For new businesses being formed this year, you've got less time. If your business creation documents were filed/will be filed after January 1, 2024 then you have 90 days from the date of notice that the filing is effective. So you get an email from the secretary of state saying yes you can be a company, and you'll have 90 days to tell FinCEN that it's official. Starting January 1, 2025, they really pick up the pace. If your business creation documents are filed after January 1, 2025 then you will have 30 days from the date of notice that the filing is effective. I know this might sound scary but don't panic. Just follow rules and file your report. When they passed this law, Congress kind of interrogated FinCEN about how harsh they were going to be about the reports. FinCEN isn't looking for gotcha moments. They only want to prosecute willful violations. You are a pinpoint of data on a map of every business in America. They're looking to trace the path of money from point to point and see when it cycles back or if it's headed to something bad.

Guide on the Corporate Transparency Act (CTA), explaining its impact on business owners and real estate investors. It covers who is affected by the act, exemptions, compliance strategies, and the consequences of non-compliance, such as steep fines and potential criminal charges. The video also discusses the role of the Financial Crimes Enforcement Network in implementing the CTA, designed to combat financial crimes by requiring businesses to disclose ownership information. Additionally, it addresses concerns about privacy and the constitutional challenges the act has faced. For those looking to avoid the hassle of compliance, the video offers resources through 'the wealth elevator.com' and advises on consulting with a CPA or attorney.00:22 Understanding the Financial Crimes Enforcement Network00:45 The Impact of the Panama Papers on Corporate Transparency01:15 Navigating Compliance: Who's Affected and Exempt01:48 Delegating Compliance: A Business Owner's Perspective02:08 Exploring Exemptions and Compliance Requirements03:19 Penalties for Non-Compliance and Legal Battles04:11 The Debate Over Privacy and Legal Entities04:47 Final Thoughts on Compliance and Seeking Legal Advice Hosted on Acast. See acast.com/privacy for more information.

"We know the law is unconstitutional. FinCEN knows the law is unconstitutional. FinCEN knows we know the law is unconstitutional. And yet we're supposed to pretend like nothing happened and comply with an illegal law." ~ Jameson Lopp What do we do when a regulatory agency continues to enforce an illegal law against a judicial verdict? Jameson Lopp explores the Corporate Transparency Act (CTA), revealing how it mandates extensive reporting to the Financial Crimes Enforcement Network, compromising individual privacy and security under the guise of legal compliance. How does this act, despite being challenged for its constitutionality, reflect broader tensions between privacy rights and government surveillance in the digital age? Check out the original article at Congress is Unconstitutionally Criminalizing Privacy. (Link: https://tinyurl.com/46h3swp3) Guest Links Jameson Lopp on X (Link: https://twitter.com/lopp) Casa (Link: https://casa.io/) Jameson Loop Website (Link: https://tinyurl.com/5n863ah7) Host Links Guy on Nostr (Link: http://tinyurl.com/2xc96ney) Guy on X (Link: https://twitter.com/theguyswann) Guy on Instagram (Link: https://www.instagram.com/theguyswann/) Guy on TikTok (Link: https://www.tiktok.com/@theguyswann) Guy on YouTube (Link: https://www.youtube.com/@theguyswann) ⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible) Check out our awesome sponsors! Get 10% off the COLDCARD with code BITCOINAUDIBLE ⁠⁠⁠⁠⁠⁠(Link: bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠) Swan: The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com) “People have only as much liberty as they have the intelligence to want and the courage to take.” ~ Emma Goldman --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"We know the law is unconstitutional. FinCEN knows the law is unconstitutional. FinCEN knows we know the law is unconstitutional. And yet we're supposed to pretend like nothing happened and comply with an illegal law." ~ Jameson Lopp What do we do when a regulatory agency continues to enforce an illegal law against a judicial verdict? Jameson Lopp explores the Corporate Transparency Act (CTA), revealing how it mandates extensive reporting to the Financial Crimes Enforcement Network, compromising individual privacy and security under the guise of legal compliance. How does this act, despite being challenged for its constitutionality, reflect broader tensions between privacy rights and government surveillance in the digital age? Check out the original article at Congress is Unconstitutionally Criminalizing Privacy. (Link: https://tinyurl.com/46h3swp3) Guest Links Jameson Lopp on X (Link: https://twitter.com/lopp) Casa (Link: https://casa.io/) Jameson Loop Website (Link: https://tinyurl.com/5n863ah7) Host Links Guy on Nostr (Link: http://tinyurl.com/2xc96ney) Guy on X (Link: https://twitter.com/theguyswann) Guy on Instagram (Link: https://www.instagram.com/theguyswann/) Guy on TikTok (Link: https://www.tiktok.com/@theguyswann) Guy on YouTube (Link: https://www.youtube.com/@theguyswann) ⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible) Check out our awesome sponsors! Get 10% off the COLDCARD with code BITCOINAUDIBLE ⁠⁠⁠⁠⁠⁠(Link: bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠) Swan: The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com) “People have only as much liberty as they have the intelligence to want and the courage to take.” ~ Emma Goldman --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Mike Ferguson in the Morning 03-15-24 Tyler O'Neil, managing editor of The Daily Signal, talks about the Treasury Department targeting conservatives, especially conservative Christians. The Treasury Department's Financial Crimes Enforcement Network sent an email to leadership at major banks, highlighting a report from the Institute for Strategic Dialogue and Global Disinformation Index. Conservative Christians have seen their bank accounts canceled on flimsy pretexts. In 2022, JPMorgan Chase closed the account for former Kansas Gov. Sam Brownback's religious freedom organization. At least 20 state attorneys general have drawn attention to the threat of politically-motivated debanking. Check out Tyler's article here: https://www.dailysignal.com/2024/03/12/financial-crime-federal-agency-tells-banks-they-should-crack-christian-hate-groups/ Check out Tyler's book "Making Hate Pay: The Corruption of the Southern Poverty Law Center" here: https://www.amazon.com/Making-Hate-Pay-Corruption-Southern/dp/1642934399/ref=sr_1_1? (https://www.dailysignal.com/author/tyler-oneil/) (@Tyler2ONeil) MORNING NEWS DUMP: Sen. Chuck Schumer says Israel needs tp "course correct" and he calls for Netanyahu to be replaced.  Former Missouri Senator Jim Talent says Biden's comments on Israel and Gaza are leaving both supporters and detractors totally confused about U.S. policy. Former Riverfront Times publisher and longtime Donnybrook curmudgeon Ray Hartmann says he's entering the primary race. A proposal to make St. Louis City and County and St. Charles County pay each other for the costs of jailing their residents. Riley Gaines is at the forefront of a lawsuit against the NCAA. Story here: https://www.outsports.com/2024/3/14/24088465/ncaa-riley-gaines-lawsuit-transgender-athletes-lia-thomas-inclusion/ The UFL announced that St. Louis will host their first championship game at The Dome on Sunday, June 16. At spring training, the Cardinals and Mets played to a scoreless tie. They'll host the Marlins this afternoon at 5:05pm. Blues host the Minnesota Wild on Saturday night at Enterprise Center at 7pm. NewsTalkSTL website: https://newstalkstl.com/ Rumble: https://rumble.com/c/NewsTalkSTL Twitter/X: https://twitter.com/NewstalkSTL Livestream 24/7: http://bit.ly/newstalkstlstreamSee omnystudio.com/listener for privacy information.

Mike Ferguson in the Morning 03-14-24 Tyler O'Neil, managing editor of The Daily Signal, talks about the Treasury Department targeting conservatives, especially conservative Christians. The Treasury Department's Financial Crimes Enforcement Network sent an email to leadership at major banks, highlighting a report from the Institute for Strategic Dialogue and Global Disinformation Index. Conservative Christians have seen their bank accounts canceled on flimsy pretexts. In 2022, JPMorgan Chase closed the account for former Kansas Gov. Sam Brownback's religious freedom organization. At least 20 state attorneys general have drawn attention to the threat of politically-motivated debanking. Check out Tyler's article here: https://www.dailysignal.com/2024/03/12/financial-crime-federal-agency-tells-banks-they-should-crack-christian-hate-groups/ Check out Tyler's book "Making Hate Pay: The Corruption of the Southern Poverty Law Center" here: https://www.amazon.com/Making-Hate-Pay-Corruption-Southern/dp/1642934399/ref=sr_1_1? (https://www.dailysignal.com/author/tyler-oneil/) (@Tyler2ONeil) NewsTalkSTL website: https://newstalkstl.com/ Rumble: https://rumble.com/c/NewsTalkSTL Twitter/X: https://twitter.com/NewstalkSTL Livestream 24/7: http://bit.ly/newstalkstlstreamSee omnystudio.com/listener for privacy information.

Mike Ferguson in the Morning 03-14-24 Darrell Jones from the Herzog Foundation talks about the proposed expansion to the MOScholars program to help families get access to school choice. We also discuss the violent culture in many public school systems including here in the St. Louis area, and also the Biden administration proposing to spend hundreds of millions of taxpayer dollars to train school teachers in DEI and to "advance gender equity and equality worldwide."  Get your free subscription to The Lion newsletter here: https://readlion.com/ Darrell's info here: (https://herzogfoundation.com) (https://readlion.com) (@pastordrj)  O CANADA, WHAT'S HAPPENED TO YOU??? A proposed Canadian law will fine and punish anyone who MIGHT commit a speech crime, even to the point of lifetime imprisonment. Welcome to 1984. Story here: https://www.dailymail.co.uk/news/article-13196875/justin-trudeau-canada-orwellian-imprison-life-crime-bill.html Tyler O'Neil, managing editor of The Daily Signal, talks about the Treasury Department targeting conservatives, especially conservative Christians. The Treasury Department's Financial Crimes Enforcement Network sent an email to leadership at major banks, highlighting a report from the Institute for Strategic Dialogue and Global Disinformation Index. Conservative Christians have seen their bank accounts canceled on flimsy pretexts. In 2022, JPMorgan Chase closed the account for former Kansas Gov. Sam Brownback's religious freedom organization. At least 20 state attorneys general have drawn attention to the threat of politically-motivated debanking. Check out Tyler's article here: https://www.dailysignal.com/2024/03/12/financial-crime-federal-agency-tells-banks-they-should-crack-christian-hate-groups/ Check out Tyler's book "Making Hate Pay: The Corruption of the Southern Poverty Law Center" here: https://www.amazon.com/Making-Hate-Pay-Corruption-Southern/dp/1642934399/ref=sr_1_1? (https://www.dailysignal.com/author/tyler-oneil/) (@Tyler2ONeil) Signs that you're obsessed with someone! Story here:  https://nypost.com/2024/03/09/lifestyle/five-signs-youre-dangerously-obsessed-with-someone/ NewsTalkSTL website: https://newstalkstl.com/ Rumble: https://rumble.com/c/NewsTalkSTL Twitter/X: https://twitter.com/NewstalkSTL Livestream 24/7: http://bit.ly/newstalkstlstreamSee omnystudio.com/listener for privacy information.

Attorney Todd Marquardt talks about the many significant court cases happening right now on this bonus edition of Talk Law Radio! Today, there are four hidden legal issue blind spots. Firstly, there's uncertainty surrounding whether Texas can enforce Senate Bill 4, which is now part of the Texas Penal Code Chapter 51. Secondly, there's a question about whether states like Colorado have the authority to remove former President Trump from the primary election ballot under the terms of the "insurrection clause" in Section 3 of the 14th Amendment to the United States Constitution. Thirdly, despite a federal district court in Alabama ruling a regulation unconstitutional, there's ambiguity about whether one must report beneficial owner information to the Financial Crimes Enforcement Network. Lastly, the DC circuit court of appeals held that the sentencing of those convicted of crimes based on their actions on January 6 at the Capitol should undergo review and/or reduction. If you are an owner CEO, director, or member of a corporation, LLC, or other type of business entity, call Marquardt Law Firm, P.C. at 210-530-4278 or chat with us at www.MarquardtLawFirm.com to find out if you need to report beneficial information to FinCEN. The mission of Talk Law Radio is to help you discover your legal issue blind spots by listening to me talk about the law on the radio. The state bar of Texas is the state agency that governs attorney law licenses. The State Bar wants attorneys to inform the public about the law but does not want us to attempt to solve your individual legal problems upon the basis of general information. Instead, contact an attorney like Todd A. Marquardt at Marquardt Law Firm, P.C. to discuss your specific facts and circumstances of your unique situation. Like & Subscribe! https://www.youtube.com/@talklawradio3421 Listen here! www.TalkLawRadio.com Join attorney Todd Marquardt every week for exciting law talk on Talk Law Radio!See omnystudio.com/listener for privacy information.

The Rich Zeoli Show- Full Episode: 3:05pm- Republican presidential candidate Donald Trump dominated on Super Tuesday. Entering the contest, Trump had earned 273 delegates—he now has 1,004 delegates and is expected to reach the 1,215 delegates needed to officially win the party's nomination as soon as March 12th. Meanwhile, on Wednesday, Trump's primary rival Nikki Haley announced she was suspending her campaign after winning only one primary (Vermont) on Tuesday. 3:15pm- Shane Goldmacher and Adam Nagourney of The New York Times write of President Joe Biden's Super Tuesday performance, which saw him reach 1,506 delegates of the 1,968 needed to win the Democrat party's nomination: “But yet again there were flashing lights for a president who is struggling to rally the whole of his party behind him. Nearly 20 percent of Democrats in Minnesota voted for ‘Uncommitted,' in an apparent protest vote against Mr. Biden's support of the Israel military response to the Hamas terrorist attack of Oct 7. Mr. Biden won less than two-thirds of the vote in Hennepin County, home to Minneapolis. The protest was an extension of a campaign that started in Michigan last week, when 13 percent of Democrats voted uncommitted. The larger share in a state with fewer Arab American voters—but a large and active progressive wing—suggested that the movement of voters pressing Mr. Biden for a policy change was gaining traction. There were other signs, too. In Colorado, the noncommitted vote was 8 percent. The ‘no preference' vote in North Carolina hit nearly 13 percent; that is worth noting as Mr. Biden considers contesting a state that Mr. Trump won by a whisker in 2020. It is far from clear what those voters will do this November. But should they back Mr. Trump, support a third-party candidate or just stay home, they could cost Mr. Biden a close election. Minnesota wasn't the only state that cast a bit of a cloud over Mr. Biden's night. In a small indignity for the sitting president, Mr. Biden tied in the delegate race in American Samoa to Jason Palmer, an entrepreneur. (It's really OK if you had not heard of him before.) There are no Electoral College votes in American Samoa.” You can read the full article here: https://www.nytimes.com/2024/03/06/us/politics/super-tuesday-trump-biden-takeaways.html 3:25pm- While appearing on CNN with Wolf Blitzer, political analyst and former Obama Administration Advisor Van Jones predicted that if Donald Trump wins the presidency in 2024, Russia would invade European countries—resulting in American soldiers dying overseas. 3:40pm- During a House of Representatives hearing on monetary policy, Rep. Gregory Meeks (D-NY) suggested that sending an additional $60 billion in aid to Ukraine would, somehow, help ease domestic inflation. 4:05pm- Republican presidential candidate Donald Trump dominated on Super Tuesday. Entering the contest, Trump had earned 273 delegates—he now has 1,004 delegates and is expected to reach the 1,215 delegates needed to officially win the party's nomination as soon as March 12th. Meanwhile, on Wednesday, Trump's primary rival Nikki Haley announced she was suspending her campaign after winning only one primary (Vermont) on Tuesday. During his victory speech from Palm Beach, Florida, Trump said of the general election: “November 5th is going to go down as the single most important day in the history of our country.” 4:10pm- Wall Street Journal opinion columnist Jason L. Riley writes: “In November, the New York Times and Siena College released polling results in six swing states that are expected to determine the election: Arizona, Georgia, Michigan, Nevada, Pennsylvania and Wisconsin. The survey indicated that 22% of blacks would vote for Mr. Trump, along with 42% of Hispanics. In 2020 Mr. Biden won the black vote, 92% to 8% and the Hispanic vote 59% to 38%, according to the Pew Research Center. Black and Hispanic voters have been an important part of the Democratic base for decades, but these coalitions aren't everlasting. In 2016 Mr. Trump won by energizing people who hadn't been politically active. Now he's stealing voters from the other team. A follow-up Times/Siena poll of voters nationwide was released this week and showed black support for the former president ticking up to 23% and Mr. Trump leading Mr. Biden outright among Hispanics, 46% to 40%. The liberal press can't comprehend why nonwhites would back someone who has spread conspiracy theories about Barack Obama's birth certificate, smeared Mexican nationals and taunted his own former transportation secretary, Elaine Chao, for being Asian. But it's not that complicated. According to the survey, more than half of all black and Hispanic respondents rank current economic conditions as ‘poor,' while 26% of blacks and 37% of Hispanics say they will vote for Mr. Trump because his policies benefited them personally.” You can read Riley's full editorial here: https://www.wsj.com/articles/bidens-worst-nightmare-blacks-and-hispanics-for-trump-economy-2024-presidential-election-fbbe674c?mod=opinion_lead_pos6 4:15pm- During MSNBC's Super Tuesday panel discussion, Joy Reid baselessly claimed that Republican voters are only “voting on race.” However, as numerous polls are indicating, Republican presidential candidate Donald Trump may very well win the Hispanic vote outright while concurrently earning the support of a large percentage of Black voters. 4:30pm- The Biden Administration has finally started to police the U.S. Southern border…sort of. Ok, not really. The Department of Justice has charged a California man with smuggling greenhouse gases into the United States. Meanwhile, an undocumented migrant—who is wanted for rape in Oregon—was arrested in Florida, but Immigration and Customs Enforcement (ICE) refused to take him citing a lack of detention room. During a press conference, Governor Ron DeSantis (R-FL) explained that his administration pressured ICE until it did its job. 4:50pm- BREAKING NEWS: 6ABC Digital Staff writes: “At least eight people were shot at a SEPTA bus stop in Philadelphia's Burholme neighborhood, Action News has learned. The gunfire rang out around 3 p.m. Wednesday at Rising Sun and Cottman avenues. Sources tell Action News that at least four of the eight victims are juveniles. Three of the juveniles suffered a gunshot wound to the leg and the fourth was shot in the chest.” You can find more details about this developing story here: https://6abc.com/philadelphia-shooting-today-septa-bus-stop-rising-sun-cottman-burholme-st-vincent-street/14496671/ 5:05pm- On Wednesday, MSNBC host Joe Scarborough claimed that “this version” of President Joe Biden is the “best Biden ever”—suggesting that the president, at age 81, is as mentally sharp and observant as ever before. Similarly, a recently published New York Times article suggests that Biden's inner circle just needs to “let Joe be Joe” via TikTok posts, late-night talk show appearances, and chatting with reporters. How many 80-year-olds are posting on TikTok? Is this strategy really letting Joe be Joe? 5:15pm- Why did Fulton County District Attorney Fani Willis meet with Vice President Kamala Harris before indicting former President Donald Trump? A Georgia court is hearing testimony to determine if Willis should be disqualified from the Georgia election interference case she brought against Trump. According to allegations, Willis engaged in an improper, romantic relationship with the lead prosecutor of the case, Wade—paying him an estimated $650,000 in taxpayer money. Willis is also alleged to have directly derived financial benefit from the relationship with Wade in the form of several extravagant vacations. Last month, Robin Yeartie—a longtime friend of Willis—testified that Willis and Wade had a romantic relationship dating back to 2019. 5:30pm- Grace Ashford of The New York Times writes: “Former Gov. Andrew M. Cuomo of New York has been subpoenaed to appear before a House subcommittee to answer for his administration's handling of nursing homes during the coronavirus pandemic, reigniting a flashpoint that could further damage his chances at a political comeback… The Assembly investigation did not directly evaluate whether Mr. Cuomo's order had led to the deadly outbreaks in nursing homes. But it did find that the administration had selectively reported statistics from those facilities to avoid criticism. At issue was New York State's method of categorizing nursing home deaths. The state did not include in its tally nursing home residents who died in hospitals or other facilities from Covid, effectively reducing the reported mortality rates for nursing home residents.” You can read the full article here: https://www.nytimes.com/2024/03/05/nyregion/cuomo-covid-nursing-homes-subpoena.html 5:45pm- Leif Le Mahieu of The Daily Wire writes: “House Judiciary Chair Jim Jordan (R-OH) is looking into whether GoFundMe and Eventbrite cooperated with federal law enforcement during their investigation into the financial transactions of supporters of former President Donald Trump. Jordan wrote to executives at both companies on Monday, asking them to provide any communications with the FBI and the Financial Crimes Enforcement Network, a bureau of the Treasury Department. He noted that FinCEN emailed banks about flagging ‘MAGA' and ‘TRUMP' transactions.” You can read the full report here: https://www.dailywire.com/news/jim-jordan-investigating-whether-gofundme-and-eventbrite-helped-feds-snoop-on-trump-supporters 6:05pm- Daniel Chaitin of The Daily Wire writes: “Pennsylvania's senators, both Democrats, have withdrawn a request for $1 million in taxpayer money to support a renovation and expansion project for an LGBT center in Philadelphia after federal funds for the organization were blocked in the House last year. Sens. John Fetterman (D-PA) and Bob Casey (D-PA) wrote to the Senate Appropriations Committee on Tuesday to declare they no longer want an earmark for the William Way LGBT Community Center in spending legislation for the current fiscal year…Word of the $1 million earmark request getting pulled spread on social media on Tuesday evening. The popular Libs of TikTok account on X, run by Chaya Raichik, posted a screenshot of the letter signed by Fetterman. She noted that it followed the account's ‘Exposé' featuring screenshots of advertisements for adults-only events at the center that featured sexually explicit content.” You can read the full report here: https://www.dailywire.com/news/pa-senators-fetterman-and-casey-withdraw-request-for-1m-to-fund-lgbt-center 6:20pm- Republican presidential candidate Donald Trump dominated on Super Tuesday. Entering the contest, Trump had earned 273 delegates—he now has 1,004 delegates and is expected to reach the 1,215 delegates needed to officially win the party's nomination as soon as March 12th. Meanwhile, on Wednesday, Trump's primary rival Nikki Haley announced she was suspending her campaign after winning only one primary (Vermont) on Tuesday. Though she congratulated Trump on his win, she stopped short of endorsing him for president. 6:45pm- Shane Goldmacher and Adam Nagourney of The New York Times write of President Joe Biden's Super Tuesday performance, which saw him reach 1,506 delegates of the 1,968 needed to win the Democrat party's nomination: “But yet again there were flashing lights for a president who is struggling to rally the whole of his party behind him. Nearly 20 percent of Democrats in Minnesota voted for ‘Uncommitted,' in an apparent protest vote against Mr. Biden's support of the Israel military response to the Hamas terrorist attack of Oct 7. Mr. Biden won less than two-thirds of the vote in Hennepin County, home to Minneapolis. The protest was an extension of a campaign that started in Michigan last week, when 13 percent of Democrats voted uncommitted. The larger share in a state with fewer Arab American voters—but a large and active progressive wing—suggested that the movement of voters pressing Mr. Biden for a policy change was gaining traction. There were other signs, too. In Colorado, the noncommitted vote was 8 percent. The ‘no preference' vote in North Carolina hit nearly 13 percent; that is worth noting as Mr. Biden considers contesting a state that Mr. Trump won by a whisker in 2020. It is far from clear what those voters will do this November. But should they back Mr. Trump, support a third-party candidate or just stay home, they could cost Mr. Biden a close election. Minnesota wasn't the only state that cast a bit of a cloud over Mr. Biden's night. In a small indignity for the sitting president, Mr. Biden tied in the delegate race in American Samoa to Jason Palmer, an entrepreneur. (It's really OK if you had not heard of him before.) There are no Electoral College votes in American Samoa.” You can read the full article here: https://www.nytimes.com/2024/03/06/us/politics/super-tuesday-trump-biden-takeaways.html

The Rich Zeoli Show- Hour 3: On Wednesday, MSNBC host Joe Scarborough claimed that “this version” of President Joe Biden is the “best Biden ever”—suggesting that the president, at age 81, is as mentally sharp and observant as ever before. Similarly, a recently published New York Times article suggests that Biden's inner circle just needs to “let Joe be Joe” via TikTok posts, late-night talk show appearances, and chatting with reporters. How many 80-year-olds are posting on TikTok? Is this strategy really letting Joe be Joe? Why did Fulton County District Attorney Fani Willis meet with Vice President Kamala Harris before indicting former President Donald Trump? A Georgia court is hearing testimony to determine if Willis should be disqualified from the Georgia election interference case she brought against Trump. According to allegations, Willis engaged in an improper, romantic relationship with the lead prosecutor of the case, Wade—paying him an estimated $650,000 in taxpayer money. Willis is also alleged to have directly derived financial benefit from the relationship with Wade in the form of several extravagant vacations. Last month, Robin Yeartie—a longtime friend of Willis—testified that Willis and Wade had a romantic relationship dating back to 2019. Grace Ashford of The New York Times writes: “Former Gov. Andrew M. Cuomo of New York has been subpoenaed to appear before a House subcommittee to answer for his administration's handling of nursing homes during the coronavirus pandemic, reigniting a flashpoint that could further damage his chances at a political comeback… The Assembly investigation did not directly evaluate whether Mr. Cuomo's order had led to the deadly outbreaks in nursing homes. But it did find that the administration had selectively reported statistics from those facilities to avoid criticism. At issue was New York State's method of categorizing nursing home deaths. The state did not include in its tally nursing home residents who died in hospitals or other facilities from Covid, effectively reducing the reported mortality rates for nursing home residents.” You can read the full article here: https://www.nytimes.com/2024/03/05/nyregion/cuomo-covid-nursing-homes-subpoena.html Leif Le Mahieu of The Daily Wire writes: “House Judiciary Chair Jim Jordan (R-OH) is looking into whether GoFundMe and Eventbrite cooperated with federal law enforcement during their investigation into the financial transactions of supporters of former President Donald Trump. Jordan wrote to executives at both companies on Monday, asking them to provide any communications with the FBI and the Financial Crimes Enforcement Network, a bureau of the Treasury Department. He noted that FinCEN emailed banks about flagging ‘MAGA' and ‘TRUMP' transactions.” You can read the full report here: https://www.dailywire.com/news/jim-jordan-investigating-whether-gofundme-and-eventbrite-helped-feds-snoop-on-trump-supporters

The Corporate Transparency Act (which was enacted in January of 2021) has taken effect as of January 2024. Under the new law, small businesses have new disclosure and reporting requirements with the Financial Crimes Enforcement Network. This law is retroactive and includes businesses that were already in existence BEFORE the CTA went into effect. Along with the new requirements, there are significant fines/penalties for being in violation of the law. Listen in as we talk about what you need to know!   Contact:   513-463-6789   info@CincinnatiEstatePlan.com https://cincinnatiestateplan.com/contact/ 

Everyone recognizes sanctions as one of the United States' most powerful tools of economic statecraft. But few realize that much of the information behind sanctions designations comes from another office within the Treasury Department: specifically, the Financial Crimes Enforcement Network (or FinCEN). And over the past few years, as sanctions and other economic tools have become more and more important, FinCEN has been evolving its operations and activities as well.To discuss the current state of FinCEN and what its future holds, Lawfare Contributing Editor Brandon Van Grack and Lawfare Senior Editor Scott R. Anderson had a conversation with its current Director, Andrea Gacki, for the latest installment of their “The Regulators” series, focusing on the policymakers at the frontlines of national security and economic statecraft. They discussed FinCEN's involvement in the historic Binance settlement, what new policies FinCEN is rolling out to tackle everything from beneficial ownership to residential real estate, and how it is working with similar organizations around the globe.Support this show http://supporter.acast.com/lawfare. Hosted on Acast. See acast.com/privacy for more information.

The Corporate Transparency Act passed the House four years ago, and it became effective Jan 1, 2024. This bill generally addresses the disclosure of corporate ownership and the prevention of money laundering and the financing of terrorism. This division requires certain new and existing small corporations and limited liability companies to disclose information about their beneficial owners. That information is uploaded to FinCEN, which is the Department of the Treasury's Financial Crimes Enforcement Network. If you are not compliant with the rules and regulations, the fines are so severe, that it is not conceivable that all small to medium businesses could ever comply with it, because the CTA is so intolerant for any business to adhere to its rules and regulations. This new law seems similar in scope to asset forfeiture laws already in place. If the paperwork is not done in a timely manner, assets can be frozen, seized, or all together confiscated through non-compliance. 

A new reporting requirement affecting LLCs and s-corps — small and independent businesses legally registered with their secretary of state — is coming your way in 2024. The Corporate Transparency Act establishes a federal database of beneficial owners of small businesses with under 20 employees, including microbusinesses and freelancers. The database is overseen by the Financial Crimes Enforcement Network of the Department of the Treasury. My goal in this episode is to educate you regarding this new law, why it was implemented, and the information you need to supply if you're an LLC or corporation.

Pajak is broadcasting a crucial update that every business owner needs to know: the U.S. Treasury's Financial Crimes Enforcement Network's new regulations, which are set to come into effect on January 1, 2024. This can be detrimental for many, so let's break down what it means for your business. Please note that the views and opinions shared by John Pajak in this podcast are his own and do not necessarily represent those of our sponsors or affiliated parties. Comments and Questions are welcome.  Send to ProfitswithPajak@gmail.com Episode Links: Apple Podcast Listeners- Copy and paste the links below into your browser. Financial Crimes Enforcement Network (FinCEN) – Beneficial Ownership Information ·        https://www.fincen.gov/boi   LCR SUMMIT 2024 Save 20% with code PAJAK ·        https://www.LCRSUMMIT.com   Budgets, Breakevens, and Bottom Lines™ Workshop ·        The System designed to help you achieve your business' financial goals. ·        https://www.johnpajak.com/offers/qvgvV8m3/checkout   Yardbook Training Workshops can streamline your business and make you more money. Click to sign up now.   https://www.johnpajak.com/offers/aJ9YX7aB/checkout   Connect with Mr. Producer on Instagram https://www.instagram.com/mrproducerusa/ Show Partners: Simplify your business and be more profitable.  Please visit www.Yardbook.com  Click here to upgrade your Yardbook account to a Premium Plan and get 30 days FREE with promo code PAJAK   Green Frog Web Design: “GET YOUR 1ST MONTH FOR ONLY $1 WHEN YOU USE THE CODE (PAJAK) AND HAVE YOUR WEBSITE LIVE IN 3 WEEKS FROM THE PROJECTED START DATE OR IT'S FREE FOR A YEAR.” https://www.greenfrogwebdesign.com/johnpajak

In today's episode, schools and commuters descended into chaos after more than 500 buses were taken out of service amid fears they were not safe for use.  In other news, a team of US experts from the United States Federal Bureau of Investigation and the Financial Crimes Enforcement Network has arrived in Cyprus to investigate sanctions violations, government spokesman Konstantinos Letymbiotis confirmed. And the government has confirmed having received a request by US energy giant Chevron seeking an extension to the completion of a key engineering study for the Aphrodite natural gas project.  All these stories and more in your Daily News Briefing, brought to you by the Cyprus Mail. For more news updates, visit www.cyprus-mail.com

14th Nov: Crypto & Coffee at 8❌ FAKE NEWS- Ishares XRP Trust by BlackRock 

The new Corporate Transparency Act requires that millions of businesses, including many farms and agribusinesses report their ownership to the Department of Treasury's Financial Crimes Enforcement Network and could provide a burdensome reporting requirement. Ryan Conklin and Jonathan Cottingim from Wright and Moore have the details on who needs to file. Plus, Ohio Farm Bureau's Leah Curtis has quality information that will help landowners manage their property, particularly when it comes to zoning and trespassing.

In the latest episode of the Empire Policy Series, Santi hosts Rebecca Rettig and Jake Chervinsky to delve into recent allegations of Hamas leveraging cryptocurrency for terrorism funding, FinCEN's upcoming rules concerning crypto mixers, and the IRS's evolving crypto tax regulations. The trio also dissect the the forthcoming 3-6 months of crypto regulation and discuss recent bipartisan legislative triumphs in the stablecoin domain. To close out both Rebecca and Jake highlight the need for industry-wide collaboration to ensure regulations both foster innovation and effectively mitigate inherent risks. - - Timestamps: (0:00) Introduction (1:31) Is Crypto Financing Terrorism? (11:37) Policy Maker Responses to Crypto Terrorism (18:34) Chainalysis Ad (19:38) Mixer Rule by Financial Crimes Enforcement Network (31:49) Defining the Mixer Use Case (45:22) Tax Provision for Crypto (51:59) Regulatory Outlook - - Follow Rebecca: https://twitter.com/RebeccaRettig1 Follow Jake: https://twitter.com/jchervinsky Follow Jason: https://twitter.com/JasonYanowitz Follow Santi: https://twitter.com/santiagoroel Follow Empire: https://twitter.com/theempirepod Subscribe on YouTube: https://tinyurl.com/4fdhhb2j Subscribe on Apple: https://tinyurl.com/mv4frfv7 Subscribe on Spotify: https://tinyurl.com/wbaypprw Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ - - This episode is brought to you by Chainalysis. Chainalysis is the blockchain data platform. We provide data, software, services, and research to government agencies, web3 companies, financial institutions, and insurance and cybersecurity companies. Our data powers investigation, compliance, and business intelligence software that has been used to solve some of the world's most high-profile criminal cases. For more information, visit www.Chainalysis.com/empire. - - Resources Submit a comment on regulation https://www.protectdefi.org/ DeFi Education Fund https://www.defieducationfund.org/ The Blockchain Association https://theblockchainassociation.org/ https://twitter.com/BlockchainAssn - - Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

Compliance Clarified's second episode of season 9 brings together Rachel Wolcott, senior editor and Brett Wolf, senior anti-money laundering editor for the Americas to discuss the state of the Financial Crimes Enforcement Network's (FINCEN) beneficial ownership register. The register has been years in the making as the United States has slowly come around to implementing the Financial Action Taskforce's (FATF) recommendations 24 and 25. Those address transparency and beneficial ownership of legal persons and legal arrangements. That includes ensuring that accurate and up-to-date basic and beneficial ownership information is available to competent authorities in a timely fashion.The U.S., like other countries, has resisted complying with these requirements. Lawmakers and special interest groups have lobbied against the register, but reporting beneficial ownership will become a requirement as 1 January, 2024. Companies formed in 2024 will have a little extra time.There are still questions to be answered in terms of how compliance will be achieved and what kind of access FINCEN will provide to the register.LinksU.S. Treasury 'going all out' to inform firms about beneficial ownership reporting requirement -officialOutside paywall: https://regintel-content.thomsonreuters.com/document/IFA40F5D0622411EEA33AE89A432BD9D5U.S. Treasury proposes extended beneficial ownership reporting deadline for companies formed in 2024: http://go-ri.tr.com/6crkwfOutside paywall: https://regintel-content.thomsonreuters.com/document/I432105405D6D11EEA33AE89A432BD9D5U.S. Treasury bureau releases beneficial ownership reporting guide, industry displeased: http://go-ri.tr.com/RVuobmU.S. Treasury's 'beneficial ownership' rulemaking harshly criticized during House hearing: http://go-ri.tr.com/GgTKOqContact us!Brett.Wolf@thomsonreuters.comRachel.Wolcott@thomsonreuters.comFor more information about Regulatory Intelligence head to: https://legal.thomsonreuters.com/en/products/regulatory-intelligence Compliance Clarified is a podcast from Thomson Reuters Regulatory Intelligence.Listen to wide-ranging, insightful discussions on all things compliance for financial services firms. We delve into the hot topics of the day, the challenges faced and offer up practical ideas for emerging good practice. We de-mystify regulation and explore the art, as well as the science, of the ever-expanding role of the compliance officer.  Enforcements, digital transformation, regulatory change, governance, culture, conduct risk – anything and everything impacting the compliance function is up for discussion.

Join Troutman Pepper Partner Chris Willis and fellow Partner Matthew Orso as they discuss the Bank Secrecy Act, anti-money laundering, and countering the financing of terrorism rules, as they pertain to financial institutions defined by FinCEN. The discussion includes topics such as which companies are subject to the rules, compliance issues financial institutions may face, and what financial institutions can do to avoid potential issues.

Are you navigating the complex realm of security and compliance in payments? Brace yourself for an insightful journey with our guest, Kathryn McCall, Chief Legal and Compliance Officer for Trustly Inc. We promise an engaging discussion on how Trustly, a leading global player in open banking payments, is reshaping the field with a cost-effective alternative to traditional payment methods. Learn about Trustly's unique approach to fighting friendly fraud, the significance of know your customer checks, and the necessity of adherence to the Bank Secrecy Act and Financial Crimes Enforcement Network guidelines.What are the intricacies of anti-money laundering and compliance? Kathryn shares her expertise on the challenges in this area, underlining the importance of continuous monitoring for suspicious activity. We delve into the delicate yet essential balance between prompt payments and stringent security measures. Kathryn also shares her thoughts on creating a compliance culture, the inevitable increase in regulations, and how Trustly's expert team artfully manage their compliance programs. So, buckle up for this riveting conversation and get ready to leave with a enriching understanding of compliance and security in the payments industry!

Hour 1 * Guests: Bryan Rust, Kelly Finnegan, Over the past 50 years, Rust Coins has been working to educate customers about precious metals – RustCoinAndGift.com * Honest Money Report: Gold – $1955.30 Silver – $23.93. * Fed Reserve thugs left interest rates unchanged, after raising rates 10 times in a row since March 2022. * Trump Raises $6.6 Million After Indictment. * Americans Told Not to Mail Checks Anymore If you must do so, don't send it via your mailbox. * Check fraud is back in a big way, so much so that postal authorities and bank officials are warning Americans to avoid mailing checks if possible, or at least to use a secure mail drop such as inside the post office. Banks issued roughly 680,000 reports of check fraud to the Financial Crimes Enforcement Network, also known as FinCEN, last year. * Are we close to the END of the US Dollar? * The End Of The Dollar Has Begun. Feds To Launch Digital Currency July 2023. * Cash vs. Credit Cards: Which Do Americans Use Most? – Experian. * Is a Russian Attack On America's Power Grid “Imminent”? * How to Claim Money Google May Owe You, NYT – As part of a legal settlement, Google agreed to pay $23 million to users who clicked on a search link from 2006 to 2013. * Are Criminals the Only Ones Using Cash? Hour 2 * Guest: Lowell Nelson – CampaignForLiberty.org, RonPaulInstitute.org * The mission of Campaign for Liberty is to promote and defend the great American principles of individual liberty, constitutional government, sound money, free markets, and a constitutional foreign policy, by means of education, issue advocacy, and grassroots mobilization. * Republicans Fiscally Irresponsible Act – Ron Paul. * Inflation is the worst of all taxes, of course, “because it is both hidden and regressive.” * “our annual military budget alone is more than the combined budgets of the next ten biggest spending countries.” * This bill results in more government spending, more debt, and bigger deficits. It will erode the value of the US dollar, and make it more likely that the US dollar will lose its world reserve currency status sooner rather than later.” * Campaign Management School in Sandy on June 24. * Promoting liberty and curtailing tyranny is difficult if we don't have the “right” people in office. And most of our”good” candidates don't know how to run a campaign effectively. We need training! * Lowell: I am hosting the CMS on June 24 (the last Saturday in June) in Sandy, and would love to have you good, liberty-minded folks in this school. Kirk Shelley from Oklahoma will be our instructor. Here is the link for more information about the school, and to register for the school. https://facl-training.org/schools/events/sandy-ut-cms-24jun2023 * Minnesota Insanity Is the Model of the ‘America' Coming to Your State Soon – Gary Barnett, LewRockwell.com * “This is the America most [of us] have allowed to be created and exist, and the policies that will be not only in Minnesota, but in every state and community in the near future, should the people continue to voluntarily accept the State as a ‘god' and authority. * Not only should we support good, wise, and honest candidates, but we must also get a firm grip on the election process–cast paper ballots in our precincts on Election Day, and count them by hand while observed by poll watchers who can then vouch for the veracity of the election in that precinct! * Army Excuse for Renaming Fort Bragg Full of False History – Joe Wolverton, TheNewAmerican.com * Apparently, the Army [Biden administration] renamed Fort Bragg to Fort Liberty. * Once a standing army is established in any country, the people lose their liberty. --- Support this podcast: https://podcasters.spotify.com/pod/show/loving-liberty/support

* Guests: Bryan Rust, Kelly Finnegan, Over the past 50 years, Rust Coins has been working to educate customers about precious metals - RustCoinAndGift.com * Honest Money Report: Gold - $1955.30 Silver - $23.93. * Fed Reserve thugs left interest rates unchanged, after raising rates 10 times in a row since March 2022. * Trump Raises $6.6 Million After Indictment. * Americans Told Not to Mail Checks Anymore If you must do so, don't send it via your mailbox. * Check fraud is back in a big way, so much so that postal authorities and bank officials are warning Americans to avoid mailing checks if possible, or at least to use a secure mail drop such as inside the post office. Banks issued roughly 680,000 reports of check fraud to the Financial Crimes Enforcement Network, also known as FinCEN, last year. * Are we close to the END of the US Dollar? * The End Of The Dollar Has Begun. Feds To Launch Digital Currency July 2023. * Cash vs. Credit Cards: Which Do Americans Use Most? - Experian. * Is a Russian Attack On America's Power Grid “Imminent"? * How to Claim Money Google May Owe You, NYT - As part of a legal settlement, Google agreed to pay $23 million to users who clicked on a search link from 2006 to 2013. * Are Criminals the Only Ones Using Cash?

Kieran talks with Steve Schindler and Katie Wilson-Milne, partners at New York litigation and art law boutique Schindler Cohen & Hochman LLP about the state of financial crime in the global antiquities and art world. Charting some of the civil and criminal actions that have resulted in a recent wave of repatriations of artworks and antiquities from the world's major museums, noted galleries and private collections, Steve and Katie also discuss the Financial Crimes Enforcement Network's (FinCEN) recent extension of anti-money laundering and counter-terror finance reporting responsibilities to antiquities dealers. In laying out some of the red flags associated with illicit art and antiquities transactions Steve and Katie, who co-host “The Art Law Podcast,” also share their sense of where regulation of the two markets is headed in the United States and the world.

* More Juicy Facts about Ron DeSantis - Joel Skousen, WorldAffairsBrief.com * The only bad compromise DeSantis made was agreeing to allow all Disney's properties to remain “exempt from property taxes,” which has for years added to the property tax burden of Florida homeowners. There's no reason why Disney should be property tax exempt. * US government takes control of Silicon Valley Bank! * Silicon Valley Bank (SVB) has been shut down by regulators after its stock plunged by 60% on Thursday and 62% in premarket trading Friday due to mass customer withdrawals. * The bank was one of the largest financial institutions in the US - And the biggest bank in Silicon Valley. The collapse of SVB is the largest bank meltdown since Washington Mutual in 2008. * Roku Says $487 Million of Its Cash, or 26%, Was Held in Failed Silicon Valley Bank. * Perth Mint Sold Billions In Diluted Gold To China, Tried To Cover It Up - zerohedge.com * Check Fraud Is on the Rise - If you use paper checks and send them through the mail, it may be time to stop. Check fraud linked to mail theft has surged across the country, according to a recent alert to banks from the Financial Crimes Enforcement Network, part of the Treasury Department. * The use of paper checks has been declining for decades, yet criminals have been increasingly targeting mailboxes to commit check fraud, the financial crimes network, known as FinCEN, said. Last year, reports of check fraud filed by banks nearly doubled to 680,000, from 350,000 in 2021, according to FinCEN. The network said it issued the alert last month in collaboration with the US Postal Inspection Service, the law enforcement arm of the post office. * Rush Limbaugh's wife sells his longtime Palm Beach home for record $155M - NYPost.com * Actress Jane Fonda suggested on "The View" Friday that people "murder" pro-lifers. * What is a sovereign citizen? - Kyle Dunphey, Deseret News. * The FBI lists the group as a domestic terrorist movement, and describes them as "a loose network of individuals."

Amanda Wick is a leading expert in the field of blockchain and cryptocurrency with extensive experience in government enforcement, policy, and the private sector. Amanda is the founder and CEO of the Association for Women in Cryptocurrency, a nonprofit association that supports the advancement of women in the future of digital finance. She previously, and up until very recently, served as senior investigative council for the House of Representatives Select Committee to investigate the January 6th attack on the US Capitol. After serving in various policy and enforcement positions at the Financial Crimes Enforcement Network, FinCEN, and the United States Department of Justice, she was chief of Legal Affairs for Chainalysis where she advised both internal and external stakeholders on the forefront of cryptocurrency and its constantly evolving landscape, and an advocate and educator for Chainalysis in the larger cryptocurrency market. Prior to Chainalysis, she served as a senior policy advisor at FinCEN, where she specialized in digital currency and human trafficking issues. She also served as a trial attorney for the money laundering and asset recovery section. (MLARS) of the US Department of Justice. As a trial attorney, she prosecuted cases around the country involving sophisticated money laundering, asset forfeiture, and complex financial investigations with a specialization in cryptocurrency. Prior to MLARS, she served in the criminal divisions of three US attorneys' offices as an assistant US Attorney, asset Forfeiture Coordinator, and Financial Crimes Task Force coordinator. HOST INFO Gary Weinstein's Twitter: https://twitter.com/Gary_Weinstein_ Gary Weinstein's LinkedIn: https://www.linkedin.com/in/garyweinstein/ Paul Brigner's Twitter: https://twitter.com/paulbrigner Paul Brigner's LinkedIn: https://www.linkedin.com/in/paulbrigner/ Electric Coin Co. Website: https://electriccoin.co Electric Coin Co. Twitter: https://twitter.com/ElectricCoinCo EPISODE LINKS Amanda's LinkedIn: https://www.linkedin.com/in/amandawick/ Amanda's Twitter: https://twitter.com/Amanda_S_Wick Association for Women in Cryptocurrency: https://www.womenincrypto.org/ Association for Women in Cryptocurrency LinkedIn: https://www.linkedin.com/company/the-association-for-women-in-cryptocurrency/ TIMESTAMPS 00:00 Welcome 01:14 Introduction 03:04 The Association for Women in Cryptocurrency 15:21 Intersection of Cryptocurrency and Public Policy 18:56 Balancing Responsible Development with Responsible Responsible Regulation of Digital Assets 23:37 Global Regulatory Challenges 28:50 Jurisdictional Leadership 33:01 European Union Markets-in-Crypto-Assets Regulation 37:48 Government Opportunities to Learn About Crypto by Using Crypto 43:23 Experience as Senior Investigative Counsel for the United States House of Representatives 50:46 Zero Knowledge Technology Solutions and Funding Deficit Challenges 54:51 Protecting Privacy, Security and Preventing Surveillance & Balancing Government Needs 01:00:52 An Inflection Point: Future Data Jeopardy 01:11:06 Concluding Thoughts DISCLAIMER Please be advised that the information provided in this podcast is for informational and educational purposes only and is not to be taken as legal or financial advice. The opinions and views expressed by our guests are their own and may not reflect the official stance of the organizations they represent or those of Electric Coin Co. Always consult a legal or financial professional before making any decisions.

After reviewing how the AMLA expands the BSA's goals, we look at which AMLA provisions have the most impact on BSA compliance, including the AMLA's emphasis on information sharing, the Financial Crimes Enforcement Network's “national priorities” and the value of threat pattern and trend information to bank compliance efforts, and the AMLA's expansion of the U.S. government's authority to subpoena information from foreign financial institutions that maintain correspondent banking relationships with U.S. banks. We also review the CTA's new beneficial ownership reporting requirements and discuss how they interact with existing customer due diligence (CDD) requirements and the need to align CTA and CDD regulations. Peter Hardy and Terence Grugan, Ballard Spahr partners and co-leaders of the firm's AML Team, host the conversation.

CISA, the FBI, the Department of the Treasury, and the Financial Crimes Enforcement Network are releasing this alert to provide information on MedusaLocker ransomware. Observed as recently as May 2022, MedusaLocker actors predominantly rely on vulnerabilities in Remote Desktop Protocol to access victims' networks. AA22-181A Alert, Technical Details, and Mitigations Stop Ransomware CISA Ransomware Guide CISA No-cost Ransomware Services All organizations should report incidents and anomalous activity to CISA's 24/7 Operations Center at central@cisa.dhs.gov or (888) 282-0870 and to the FBI via your local FBI field office or the FBI's 24/7 CyWatch at (855) 292-3937 or CyWatch@fbi.gov.

Today, Commander Divine speaks with Perianne Boring, founder and president of the Chamber of Digital Commerce, the world's largest trade association representing the blockchain industry. Perianne's mission is to advocate and educate the public and lawmakers about the future of blockchain. In this episode, Perianne busts some of the biggest myths about the cryptocurrency space, including Russian sanctions, environmental impact, and more. Key Takeaways: Myth #1: Bitcoin is bad for the environment. It currently takes 189 terawatts to mine Bitcoin.This is about .1% of the world's energy production. And, over 60% of the energy going to mine Bitcoin is coming from sustainable sources. (We're also starting to see use cases where crypto mining can actually help stabilize the energy grid.) The energy used to mine Bitcoin is a small fraction of the emissions that are created to mine gold, power our financial sector and support our military sector. Myth #2: Russia is using crypto to evade sanctions. There's a current narrative that says Russians are flocking to crypto to evade sanctions. But there is no evidence of that, and there is nothing that would lead us to believe that that would ever be the case in the future. Since Russia entered Crimea in 2014, they've been working to sanction-proof their economy and diversify out of US dollar reserves. Crypto was not a part of their like sanction-proofing strategy at all. Even if they wanted to start using crypto for illicit finance, law enforcement has significant tools to track and trace the flow of cryptocurrencies, due to the open-source nature of blockchains. Even the Treasury's Financial Crimes Enforcement Network put out a statement saying that we are not seeing crypto used for sanctions evasion. Myth #3: Crypto is used for money laundering. .05% of crypto transaction volume has been linked to illicit activity. The open-source data shows us that illicit finance using crypto is not common. And it's also decreasing as a percentage and a portion of the markets. Myth #4: Crypto is going to be shut down by the government. Perianne believes we've already won the regulatory battles. It's already been decided that we're going to allow this technology to thrive in the United States. There are absolutely no efforts, indications, or even a legal path forward to flat out ban cryptocurrency. The conversations that are happening on the regulatory front are negotiations between the industry and the regulators on what regulatory frameworks look like. There certainly will be winners and losers in those conversations, but those are winners and losers between different companies and platforms in the space, not the technology itself. The case for this technology has been made, and we're seeing that play out on the global stage right now. Myth #5: It's too late to invest in Bitcoin. It's not too late to get in if you want to. We are still in incredibly early days, and there's a lot of opportunity. (This is not investment advice. Just Perianne's own opinion!) We are living in a currency experiment. For most of human history, we've used objects of scarcity as money – salt, stones, shells. After that, we used a gold standard for thousands of years. It wasn't until the 1980s that all industrialized nations moved to a fiat system. This is the first time in world economic history that all industrialized nations are using a currency that is only backed by the full faith and credit of the government. Our current economic inflation and collapse is the aftermath of this shift. Perianne believes we're coming back to our original principles of having a sound monetary system, and that Bitcoin could potentially be the path to get there. Bitcoin is the new gold. Bitcoin is a store of value, which means it's playing the role gold has played in portfolios for many decades. The Fed Chairman himself, Jerome Powell,...