From our Director of Taxation, Joseph Kim, CPA/MST:
The U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an alert on December 18, 2024, to raise awareness of fraud schemes abusing FinCEN’s name, insignia, and authorities. Please note that these fraud schemes include scams which exploit Beneficial Ownership Information (BOI) reporting.
The scammers may convince the companies to pay a “filing fee” to have a third party submit the company’s BOI to FinCEN. In these scams the fraudster collects money but never files with FinCEN.
Please note Ludwig Business Consultants PLLC is here to assist you with your BOI reports, should the injunction be lifted.
