Category: Other investment-related information

Deloitte Reports Cyberattack on Monday

Sep 29, 2017 / Cybersecurity

Ian Fleming, author of the legendary James Bond series, once observed (speaking through the character Auric Goldfinger): “Once is happenstance. Twice is coincidence. The third time, it’s enemy action.” A disturbing pattern may be emerging with Monday’s news of yet another high-profile data breach directed towards America’s financial backbone. Over the preceding three weeks, Equifax (one of the three major consumer credit reporting bureaus) and the Securities and Exchange Commission […]

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FATCA and CRS Compliance in the Caribbean and the Americas

In 2010, Congress passed the Foreign Account Tax Compliance Act (FATCA), which requires US persons to file yearly reports disclosing their non-US financial accounts to the Financial Crimes Enforcement Network (FinCEN). FATCA also requires foreign financial institutions to search their records for “indicia” of U.S. persons and to report those persons to the U.S. Department of the Treasury under the threat of a 30% withholding penalty being imposed on all […]

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Update on Bighorn Wealth Fund

Laura Layden of the Naples Daily News posted an update on the Bighorn Wealth Fund over the holiday weekend. You can find the new article here. The article discusses the cases recently filed related to Bighorn including those we mentioned in our last article on Bighorn Wealth Fund. Looking Beyond Bighorn and End of Rainbow Vernon Litigation Group is continuing it’s investigation of the circumstances surrounding Bighorn and End of […]

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