Financial Transparency Coalition

GULFPORT, Miss. (AP) - Paul Richard Arceneaux, a resident of Church Point, La., has been sentenced to 46 months in prison for failing to file personal tax returns and corruptly interfering with the due administration of Internal Revenue laws.

WASHINGTON (Dow Jones)--Much has changed at the Justice Department since the Obama administration took charge, but one controversial tactic in corporate-crime cases has not: the use of settlements that allow corporations to avoid prosecution for wrongdoing.

WASHINGTON (Reuters) - Cash reporting requirements for U.S. banks may be expanded to non-bank residential mortgage lenders and originators, a federal agency that polices financial crimes said on Wednesday.

James B. Stewart: Do you know anyone with a Swiss bank account? I don’t, which is probably no surprise since the whole point is secrecy. But evidently there are plenty of Americans who do—at least 52,000 at UBS alone—whose identities the Internal Revenue Service and the Department of Justice are trying to learn.