Allegedly Facilitated more than $1 Billion in High-Risk Transactions Without Anti-Money Laundering Controls An indictment was unsealed in the Eastern District of New York charging two defendants with failing to maintain anti-money laundering controls, failing to file suspicious activity reports,…

A federal court in the District of Massachusetts entered an order today authorizing the IRS to serve a John Doe summons on Circle Internet Financial Inc., or its predecessors, subsidiaries, divisions, and affiliates, including Poloniex LLC (collectively “Circle”), seeking information…

The U.S. Department of Justice filed a civil forfeiture complaint in the U.S. District Court for the Southern District of Florida alleging that commercial real estate in Cleveland, Ohio, was acquired using funds misappropriated from PrivatBank in Ukraine as part…

Acquisition Would Eliminate Nascent Competitor Plaid and Prevent Disruption of Visa’s Monopoly in Online Debit The Department of Justice has filed a civil antitrust lawsuit to stop Visa Inc.’s $5.3 billion acquisition of Plaid Inc. Visa is a monopolist in…

Each year since taking office, President Donald J. Trump has welcomed hundreds of business owners and workers from every State to display their unique, American-made products at the annual Made in America Showcase. The President extends his sincere appreciation to…

Washington, DC – The U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) approved a $100 million guarantee under the fiscal year 2020 round of the Community Development Financial Institutions (CDFI) Bond Guarantee Program. The guarantee will…

"We will put our miners back to work." - President Donald J. Trump SECURING SUPPLY CHAINS: President Donald J. Trump is taking further action to ensure that our economic prosperity and national security do not depend on imports from our…

JPMorgan Chase & Co. (JPMorgan), a New York, New York-based global banking and financial services firm, has entered into a resolution with the Department of Justice to resolve criminal charges related to two distinct schemes to defraud: the first involving…

The Federal Trade Commission has announced FY 2021 fees for telemarketers accessing phone numbers on the National Do Not Call (DNC) Registry. Most of the annual fees will increase slightly from FY 2020, and are set forth in a proposed…

Washington, D.C. — As part of the Commodity Futures Trading Commission’s ongoing efforts to help protect Americans from fraud, today the CFTC added 22 unregistered foreign entities to its Registration Deficient List (RED List). The CFTC also launched a redesigned…

Massachusetts-based DUSA Pharmaceuticals, Inc. (DUSA), a subsidiary of Sun Pharmaceutical Industries, Inc. (Sun Pharma), has agreed to pay the United States $20.75 million to resolve allegations that DUSA caused physicians to submit false claims to Medicare and the Federal Employee…

Relocation Will Create More Than 300 Jobs Over the Next Three Years as Region Continues Attracting Businesses Phoenix, AZ —ZorroSign, Inc., a global leader in blockchain-based digital signatures and digital transaction management, today announced the relocation of its worldwide headquarters…