Rep. Jamie Raskin, Ranking Member of the House Judiciary Committee, released a comprehensive staff report revealing that President Donald Trump and his family earned more than $800 million from cryptocurrency ventures in the first half of 2025 alone, with total crypto holdings valued at up to $11.6 …
Jamie RaskinDonald TrumpTrump OrganizationTrump FamilyPaul Atkins+21 morecryptocurrencycorruptionself-dealingforeign-influenceemoluments+13 more
Roger Stone and wife settled DOJ civil lawsuit for $2.1 million over unpaid taxes (2007-2018) and alleged fraudulent transfers. DOJ claimed Stones used Drake Ventures entity and Bertran Trust to evade $1.7M in taxes and hide assets from IRS collection efforts, funding their political influence …
Roger StoneDepartment of Justicefinancial-crimestax-evasionstone-networkfraudulent-transfers
A French Senate inquiry committee releases a 400-page report revealing that the French government has spent almost €1 billion in consulting fees since 2017, with very little to show for it. The scandal, dubbed ‘McKinsey Gate,’ centers on the deep ties between McKinsey & Company and …
McKinsey & CompanyEmmanuel MacronKarim TadjeddineFrench SenateJean Castexmckinseyfranceconsulting-scandaltax-evasionconflicts-of-interest+4 more
On September 12, 2019, Google agreed to pay €945 million ($1.1 billion) to French authorities to settle a four-year tax fraud investigation—avoiding criminal prosecution by negotiating a financial settlement despite evidence of systematic tax evasion. The case exemplified how corporate tax fraud is …
GoogleFrench tax authorityFrench governmentBruno Le Maire (Finance Minister)Paris courtgoogletax-avoidancefrancetax-fraudsettlement+2 more
The International Consortium of Investigative Journalists (ICIJ) released the Panama Papers, a collection of 11.5 million leaked documents from the Panamanian law firm Mossack Fonseca. The documents revealed how wealthy individuals and public officials used offshore shell companies to hide assets …
International Consortium of Investigative Journalists (ICIJ)Mossack FonsecaVladimir PutinPetro PoroshenkoNawaz Sharif+3 morecorruptionoffshore-financemoney-launderingtax-evasionleaks+2 more
South Dakota became the first U.S. state to abolish the common-law Rule Against Perpetuities, ending centuries of legal precedent designed to prevent families from holding wealth in trusts forever. The legislature enacted SDCL Section 43-5-8 declaring “The common-law rule against perpetuities …
South Dakota Legislaturetax-evasionwealth-concentrationregulatory-captureinstitutional-capturefinancial-secrecy
J.P. Morgan Jr., head of the most powerful banking house in America, testified before the Pecora Commission in hearings that riveted the nation. The New York Times headline on May 24, 1933 blared: “Morgan Paid No Income Tax for 1931 or 1932.” Morgan admitted under oath that he and his …
J.P. Morgan Jr.J.P. Morgan and CompanyFerdinand PecoraU.S. Senate Committee on Banking and CurrencyCalvin Coolidge+1 morefinancial-regulationinsider-tradingcorporate-accountabilitytax-evasionpolitical-corruption
The Pecora Commission revealed that Albert Wiggin, chairman of Chase National Bank, had secretly profited from his bank’s collapse during the 1929 crash. Beginning in September 1929, even as Wiggin publicly committed Chase’s funds to investment pools intended to stabilize the falling …
Albert H. WigginChase National BankFerdinand PecoraU.S. Senate Committee on Banking and Currencyfinancial-regulationinsider-tradingcorporate-accountabilitytax-evasionbanking-fraud
Charles E. Mitchell, chairman of National City Bank (predecessor to Citigroup), began testimony before the Senate Banking Committee’s Pecora investigation after receiving a subpoena on January 24, 1933. Under Ferdinand Pecora’s meticulous questioning, Mitchell confessed that his 1929 …
Charles E. MitchellNational City BankNational City CompanyFerdinand PecoraU.S. Senate Committee on Banking and Currencyfinancial-regulationcorporate-accountabilitytax-evasionbanking-fraudcongressional-oversight
On May 10, 1875, Treasury Secretary Benjamin H. Bristow conducted coordinated raids across the nation that exposed the Whiskey Ring—a massive conspiracy involving whiskey distillers, Treasury Department officials, and politicians who had been systematically defrauding the federal government of tax …
Benjamin H. BristowOrville BabcockUlysses S. GrantTreasury DepartmentWhiskey Distillerssystematic-corruptiontax-evasioninstitutional-captureexecutive-branch-corruption