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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EB-5: Get on the Path to Residency, Not the Road to Ruin

Jul 20, 2017 / EB-5

An EB-5 immigrant investor visa can be appealing to wealthy individuals seeking permanent residency in the United States. It can create the opportunity for a foreign citizen to live in the United States without the connection to a relative sponsor or the assistance of a business sponsor. However, choosing the wrong EB-5 investment can cause you significant hardship. Your conditional resident card can be lost – along with your substantial […]

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Ransomware Attacks Deserve Attention

Jul 14, 2017 / Cybersecurity

Attorney Jeffrey Haut wrote an article published by the Naples Daily News discussing why the new slew of ransomware attacks deserve attention. For more information on ransomware and cybersecurity in general be sure to check out our earlier discussion of it here. For More Information on Cybersecurity Vernon Litigation Group is based in Naples, Florida, with additional offices in Atlanta, Georgia. Vernon Litigation Group currently represents clients in financial litigation […]

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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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