Managers of Wealth Americas

SEC Division Of Corporate Finance Issues Second No-Action Letter For A Bloakchain Token Issuance

To date, Bitcoin and Ether have avoided being characterized by the SEC

$500 Billion in Dividends out of the Double Irish with a Dutch twist (with a bit of Help from Bermuda)

The offshore profits of a lot of U.S. companies were, so to speak, summering in Ireland and wintering in Bermuda.*

Supreme Court Hands HNW Clients New Trust Planning Strategy

The Court has essentially opened the door to trust planning that could avoid state taxation altogether.

Schwab sues former employee for soliciting high-net-worth client

The brokerage house claims a former employee violated his contract after leaving in March to start his own practice.

Is Your Passport Subject to Revocation Because of Tax Debt?

On August 8, 2019 the IRS issued News Release 2019-141 urging taxpayers to resolve their significant tax debt to avoid putting their passports in jeopardy.

Jeffrey Epstein: Questions raised over disgraced financier's death

"What a lot of us want to know is, what did he know?" Mr de Blasio, who is also running for the Democratic presidential nomination, told reporters in Iowa.

Billion-dollar bond scandal hits Goldman Sachs

It’s a taste of the latest scandal to blacken the name of Goldman Sachs.

Burford Capital Charges Market Manipulation; Gotham City Joins Attack

This followed Muddy Waters writing on Twitter on Tuesday, without naming Burford, that it had opened a "new short position on an accounting fiasco that's potentially insolvent and possibly facing a liquidity crunch".

Danske's Bid to Stop U.S. Class Action Lawsuit Hits Obstacle

New York judge denies Danske’s motion to dismiss as moot

Deloitte sues hedge fund manager

This isn't the first time Leach has been in the news for failed life settlement funds.

If you’re a U.S. taxpayer with a foreign bank account, you need to know about FBAR

The IRS tracks foreign assets held by U.S. taxpayers in a number of ways, primarily through supplements that must be completed and filed with federal tax returns.

Cryptocurrencies and the IRS: What you need to know

Some taxpayers reported their CVC transactions on timely filed income tax returns.

Chinese tycoon Li Jianhua fights daughter over Canada real estate fortune

The former Chinese politician denies ‘each and every allegation’ by daughter Carol Li Xiaoqi in their battle over Vancouver assets worth millions

Another Swiss Bank Settles U.S. Tax

U.S. Tax Dispute: Five to Go

National Pension Fiasco Merits Real Reform, Not a Bailout

A bill that passed the House will do nothing except pile up more debt.

Joe Biden's brother and hedge fund manager are accused of 'defrauding a Tennessee healthcare business

Jim Biden allegedly claimed he would help them sell their health care plan to investors and the White House and reform rural healthcare in the country.

JPMorgan confirms winning bid to take majority stake in China fund JV

A 2% percent stake in the JPMorgan China fund management JV, China International Fund Management (CIFM), changed hands on Friday in an auction at the Shanghai United Assets and Equity Exchange, a deal post on the exchange showed.

Wealth manager struck by golf cart at posh club to get $3.65M

The jury verdict awarded $1 million in damages for pain and suffering, $150,000 for future medical expenses and $2.5 million for the economic wage losses.

Sacramento CEO Pleads Guilty to Pension Embezzlement

This case is the product of an investigation by the U.S. Department of Labor - Employee Benefits Security Administration.

Banks could get fined for cyber breaches, top regulator says

McWilliams said the FDIC is "monitoring" the cyber defenses and "continuously" testing the safety and structure of banks' networks and firewalls.

Legal, Regulation & Compliance