Financial Transparency Coalition

WASHINGTON – A federal court in Seattle has permanently barred Daniel Andersen from promoting fraudulent tax schemes, the Justice Department announced today. Documents the government filed on August 11 requested that the court enjoin Andersen, arguing that he was a founding member of the Institute for Global Prosperity, an entity that promoted both its own fraudulent tax scheme and the fraudulent tax schemes of others.

FT: Hollywood studios and film producers are set to face increasing scrutiny from anti-fraud officials, as a result of a trial involving incidents in Bangkok that could have repercussions across the entertainment sector.

Edward H. Okun, the former owner of The 1031 Tax Group LLP (1031TG), was sentenced today to 100 years in prison for his leading role in a scheme to defraud and obtain approximately $126 million in client funds held by 1031TG.

Bloomberg -- Prosecutors in Los Angeles leveled charges in 2007 that sound like headlines in a fresh New Jersey corruption scandal: Rabbis in Brooklyn, New York, laundered money for an undercover informant, arranged phony charitable gifts and used secret Israeli bank accounts.