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The Joint Chiefs of Global Tax Enforcement (J5) provided investigative assistance to U.S. authorities that led to the unsealing of an indictment July 8 in the District of Puerto Rico charging two men for their alleged roles in operating and promoting OmegaPro, an international investment scheme that

WASHINGTON – The Joint Chiefs of Global Tax Enforcement (J5) released three reports today – “ Identity (ID)-Based Crimes,” “ Misuse of Financial Technology (Fintech) to Enable Tax Evasion and Money Laundering,” and “ Trade-Based Money Laundering in Plastic Waste.” Members of the J5’s Global

The Joint Chiefs of Global Tax Enforcement (J5) welcomed the guilty plea of a former defense contractor to tax crimes related to his scheme to defraud the United States and evade taxes on income that he earned from his contracts with the U.S. Department of Defense. The following is according to

The Joint Chiefs of Global Tax Enforcement (J5) welcomed the conviction of Braden John Karony this week, on all counts of a three-count indictment charging him with conspiracy to commit securities fraud, wire fraud, and money laundering. Karony’s charges arose from the defendant’s and his co

The Joint Chiefs of Global Tax Enforcement (J5) welcomed the unsealing of an indictment in federal court this week charging an attorney with evading taxes on approximately $1 million of income, as well as filing false tax returns and making false statements to federal authorities. Richard Graham

The Joint Chiefs of Global Tax Enforcement (J5) welcomed the unsealing of an indictment in federal court this week charging a man with wire fraud, computer hacking and attempted extortion. Andean Medjedovic is accused of stealing approximately $65 million in cryptocurrency from the KyberSwap and

The Joint Chiefs of Global Tax Enforcement (J5) welcomed financial institutions, banking associations, Financial Intelligence Unit (FIU) representatives and other partners at the fourth Global Financial Institutions Partnership (GFIP) Summit to discuss effective practices in combating tax and

The Joint Chiefs of Global Tax Enforcement (J5) welcomed the indictment of a film producer and an Australian accountant by a federal grand jury September 13, 2024, for crimes related to their roles in a multi-decade conspiracy to defraud the United States by concealing the movie producer’s income

BRISBANE, Australia – The Joint Chiefs of Global Tax Enforcement (J5) brought together more than 30 investigators and analysts from its five member agencies and each country’s Financial Intelligence Units (FIUs) in Brisbane, Australia, Sept. 16 to 20, for five full days of lead development as part

WASHINGTON – The Joint Chiefs of Global Tax Enforcement (J5) released its first report July 24, 2024, detailing the global impact of operations, public-private partnerships, and stakeholder engagement since its inception in 2018. During the J5’s first six years, it has generated more than a hundred

WASHINGTON – The Joint Chiefs of Global Tax Enforcement (J5) welcomed the unsealing of a 30-count indictment charging Douglas Edelman, 72, a former defense contractor, and Delphine Le Dain, 58, his wife, with a decades-long scheme to defraud the United States and evade taxes on more than $350

WASHINGTON – The Joint Chiefs of Global Tax Enforcement (J5) released an advisory note to financial institutions Thursday warning them about five risk indicators tied to cryptocurrency assets that may be indicative of money laundering, cybercrime, tax evasion, and other illicit activities. The

Financial institution experts, Financial Intelligence Unit (FIU) representatives and law enforcement gathered at the third Global Financial Institutions Partnership (GFIP) Summit to discuss effective practices in combating tax and financial crime. FIOD, as one of the members of the Joint Chiefs of

OTTAWA – The Joint Chiefs of Global Tax Enforcement (J5) brought together investigators, cryptocurrency experts and data scientists this week in a coordinated push to track down individuals and organizations perpetrating tax crimes around the world. The event, known as ‘The Cyber Challenge,’

NEW YORK – The Joint Chiefs of Global Tax Enforcement (J5) welcomed today the indictments of Braden John Karony, Kyle Nagy and Thomas Smith for their roles in defrauding investors in a decentralized finance digital asset called “SafeMoon” (SFM) that was issued by their company SafeMoon LLC. The

WASHINGTON, D.C. — The Joint Chiefs of Global Tax Enforcement (J5) welcomed today the unsealing of an indictment charging Roman Storm and Roman Semenov with conspiracy to commit money laundering, conspiracy to commit sanctions violations, and conspiracy to operate an unlicensed money transmitting

NEW YORK — The Joint Chiefs of Global Tax Enforcement (J5) launched an international probe into the use of sales suppression software. The probe resulted in the arrest of five individuals in the United Kingdom who allegedly designed and sold electronic sales suppression systems internationally.

WASHINGTON – The operator of a boiler room scheme was sentenced to 10 years in federal prison in the Southern District of New York for defrauding investors of almost $2 million and laundering proceeds. A jury convicted Robert Lenard Booth, aka Trevor Nicholas, of conspiracies to commit securities

Property, luxury goods and cash seized in international money laundering investigation WASHINGTON, DC – The Joint Chiefs of Global Tax Enforcement (J5) commended the Australian Federal Police (AFP)-led Criminal Assets Confiscation Taskforce (CACT) this week, who seized more than $10 million dollars

Four years ago this week, five like-minded Chiefs from five countries around the world got together to start what is known as the Joint Chiefs of Global Tax Enforcement, or the J5. Our mission was to tackle tax crime together. We care about tax and other financial crimes that affect the

Bank was once target of J5 countries in a global day of action in 2020 SAN JUAN, PR – The Joint Chiefs of Global Tax Enforcement (J5) commended a decision announced today by Puerto Rico’s financial institution regulator. The move to suspend the operations of a financial institution in Puerto Rico

LONDON — A ground-breaking alliance dedicated to tackling global financial crime must continue its efforts to defeat tax cheats and frauds, the United Kingdom’s (UK) Financial Secretary to the Treasury told an enforcement summit this week. The heads of tax enforcement from the UK, Australia, Canada

LONDON — The Joint Chiefs of Global Tax Enforcement (J5) brought together investigators, cryptocurrency experts and data scientists this week in a coordinated push to track down individuals and organizations perpetrating tax crimes around the world. The event, known as ‘The Challenge,’ includes

Jury Convicts Robert Lenard Booth for Conspiracies to Commit Securities Fraud, Wire Fraud, and Money Laundering NEW YORK — The Joint Chiefs of Global Tax Enforcement (J5) welcomed the guilty verdict of a jury in the case of Robert Lenard Booth today. Booth was found guilty on all counts of a three

WASHINGTON — The Joint Chiefs of Global Tax Enforcement (J5) announced the release of an intelligence bulletin today, warning banks, law enforcement personnel and private citizens of some of the dangers when dealing with Non-fungible Tokens (NFTs). The document, called the “J5 NFT Marketplace Red

Concealed More Than $870,000 in Income WASHINGTON — The Joint Chiefs of Global Tax Enforcement (J5) welcomed today the guilty plea of a former manager for a defense contractor to tax evasion in the U.S. District Court for the District of Columbia. From 2010 through 2016, Ronald L. Thomas, of

Did Not Report More Than $5.5 Million in Income WASHINGTON — The Joint Chiefs of Global Tax Enforcement (J5) welcomed today the guilty plea of a former managing director for a defense contractor to tax evasion in the U.S. District Court for the District of Columbia. From 2010 through 2019, James M

Defendant Did Not Report More Than $1.8 Million in Income WASHINGTON — The Joint Chiefs of Global Tax Enforcement (J5) welcomed today the guilty plea of an employee of a defense contractor in the U.S. District Court for the District of Columbia to tax evasion. According to court documents, Charles D

The Defendants Operated Boiler Rooms Overseas and Shell Companies in the United States to Defraud Victims Around the World of Millions of Dollars The Joint Chiefs of Global Tax Enforcement (J5) welcomed the unsealing of an indictment Feb. 9th charging Robert Lenard Booth, Michael D’Urso, Alyssa D

The Defendants Operated Boiler Rooms in Multiple Countries to Defraud Victims Around the World of Millions of Dollars by Impersonating Prominent Investment Firms and Individuals NEW YORK – The United States Attorney for the Southern District of New York announced today the unsealing of indictments

LOS ANGELES – The Joint Chiefs of Global Tax Enforcement (J5) brought together investigators, cryptocurrency experts and data scientists in a coordinated push to track down individuals and organizations perpetrating tax crimes around the world this week. The event, known as ‘The Challenge,’ includes

Washington, DC — Leaders from five international tax organizations are marking the two-year anniversary of the formation of the Joint Chiefs of Global Tax Enforcement (J5) this week. The J5 includes the Australian Taxation Office (ATO, the Canadian Revenue Agency (CRA), the Dutch Fiscal Information

Newark, N.J. — A Romanian man arrested in Germany admitted today to conspiring to engage in wire fraud and offering and selling unregistered securities in connection with his role in the BitClub Network, a cryptocurrency mining scheme worth at least $722 million. Silviu Catalin Balaci, a Romanian

**Sydney, Australia —** Leaders from five international tax organisations came together in Sydney, Australia this week to review the J5’s progress in their fight against transnational tax crime and set priorities for the year ahead. The Joint Chiefs of Global Tax Enforcement (J5) was formed in 2018

**Utrecht, Netherlands —** On Monday, February 17, 2020, the Dutch Fiscal Intelligence and Investigation Service (FIOD), arrested two men in connection with two criminal investigations on suspicion of money laundering using cryptocurrencies. Both investigations were led by the National Office for

WASHINGTON — A globally coordinated day of action to put a stop to the suspected facilitation of offshore tax evasion has been undertaken this week across the United Kingdom (UK), United States (US), Canada, Australia and the Netherlands. The action occurred as part of a series of investigations in

LOS ANGELES — The Joint Chiefs of Global Tax Enforcement (J5) brought together investigators, cryptocurrency experts and data scientists in a coordinated push to track down individuals perpetrating tax crimes around the world this week. The event, known as ‘The Challenge,’ was first hosted in 2018

Washington, DC — Leaders from five international tax organizations met in Washington, DC, this week to mark the one- year anniversary of the formation of the J5 and announce the results from its first year. The meeting coincided with a global cyber training event hosted by the United States at the

AMSTERDAM — The Joint Chiefs of Global Tax Enforcement (J5) have this week brought together their leading data scientists, technology experts and investigators in a coordinated push to track down those people who make a living out of facilitating and enabling international tax crime. The event

SINGAPORE – UK and Australian representatives from the Joint Chiefs of Global Tax Enforcement (J5) have urged private-sector businesses to work with international partners in the fight against offshore tax crime and money laundering. Simon York, from Her Majesty’s Revenue and Custom’s (HMRC) Fraud