https://www.europesays.com/2042237/ US cracks down on North Korea-linked Cambodian firm behind $4 Billion romance scam ring #Conflicts #FinCEN #HuioneGroup #NorthKorea #NorthKoreaLinkedCambodianFirm #RomanceScams

Businesses all over the country are learning a day before Christmas Eve that they have until New Year's day to file ownership info to FinCEN, on the threat of severe penalties.

To be clear, there was a stay on the reporting requirements which a Federal appeals code decided to remove today.

#CTA requires most businesses, including small businesses to file information of beneficial owners to #fincen. Fair enough, I guess. But it is written so stupidly broad that it covers fricking #hoa associations. They are a hard bit of money laundering or something, I don't know. It's hard enough to get them to launder gym towels.

https://www.cbsnews.com/news/corporate-transparency-act-cta-fincen-ruling-injunction-what-it-means/

If you own or are part of a board of directors of a business of any size in the US, new regulatory filings are coming in to effect. By the end of the year you have to file what's called a "Beneficial Ownership Information Report" or #BOI / #BOIR with the US government agency, #FINCEN.

Filing the report costs nothing if you do it yourself, but there are pretty severe financial penalties for not doing it.

I've been getting notifications about it for about 48 hours that the deadline is fast approaching, and the #phishing #scammers are already jumping on this bandwagon.

This morning I got an email from the website boifilings[dot]co. The website and email claims to come from the "U.S Business Compliance Commission" which is...not a government agency, but a private company.

They do absolutely no validation on any information in the form they link to, other than the credit card number you enter to pay the $250 (!) they're asking you to pay for what is a free service.

Oh yeah, and they list a street address in their contact information, but a Google Street View of that address shows that it's the disused back door of a windowless warehouse or storage shed. You might call it the Four Seasons Total Landscaping of government agencies.

This may not be criminal, but it's still shady AF.

FINCEN has a FAQ about the process here: https://www.fincen.gov/boi-faqs

To sum up:

Named intentionally to sound like a government agency
Uses a logo on its email and webpage that makes it look like a US government agency
Wants to charge money for a service that is otherwise free
Does a terrible job at doing the service they are charging for
Business address corresponds to an unmarked, windowless storage warehouse back door
No guarantee that they won't just take the money and run

Ok y'all...if you are an #indi #contractor who uses a business tax ID, or a business owner with an #LLC, #S_corp or registered #corporation...did you realize there's a whole bunch of filing you need to do before the end of the year, lest you start facing $500 a day fines?

I hadn't paid attention when the #CorporateTransparencyAct was passed, because it was immediately challenged.

Basically, if you are a small business with less than millions of dollars in revenue, you need to report the names, home addresses and upload photo IDs of "beneficial owners" to #FinCEN (Treasury Department).

Public, large, high earning companies are exempt. It's just contractors and small business under 20 employees. People, police and governments can request data from the government via FinCEN.

1/3

"This is the #police chief of a town that straddles a major highway in and out of #Nashville completely lost to #QAnon obsession and #insanity. These guys have been using federal databases to investigate political campaigns and private citizens. The city council completely supports them and is doing nothing to stop them because they are down the insanity rabbit hole. We are in a very very dangerous place because these guys are not alone. Not even remotely." - Fred Wellman

https://www.newschannel5.com/news/newschannel-5-investigates/qanon-comes-to-main-street/we-already-have-the-receipts-election-denier-says-his-group-gained-access-to-u-s-banking-data

#TheCryptocalypseChronicles: Of Tech Bros And Trumpers

The reason so many Silicon Valley billionaires suddenly decided to back #DonaldTrump is not the mystery the media is making it out to be.

tl;dr The billionaires backing #Trump are crypto bros and they want to continue profiting from committing various kinds of crimes.

This is a "follow the money" deep dive into how some of these bros profit by investing in companies like #Uniswap that create excellent tools for #NorthKorea to launder stolen money with a passing explanation of how #Coinbase facilitates the overall system.

ΩΩ
https://cryptadamus.substack.com/p/of-tech-bros-and-trumpers

For those interested in Financial Crimes Enforcement Network (FinCEN), SOCRadar lists the top 5 dark web forums, where threat actors, and cybercriminals congregate, share knowledge, and conduct cyber crimes. By monitoring these platforms, cybersecurity professionals and law enforcement can gain insights into emerging threats, track malicious actors, and potentially prevent cyber attacks. https://socradar.io/top-5-russian-speaking-dark-web-forums/

1. XSS.is
2. Exploit.in
3. RAMP
4. RuTor
5. CrdClub

The U.S. has deployed a team of experts from the #FBI and #FinCEN to assist with a Cypriot government probe into suspected Russian sanctions violations following ICIJ’s #CyprusConfidential investigation.

https://www.icij.org/investigations/cyprus-confidential/fbi-called-in-to-help-cyprus-investigate-russian-sanctions-dodging/

#Menschen sind was #Wunderbares
[#fff #weedmob:#YOUaretheUNIVERSE #DUBISTdasUNIVERSUM #onelove #humans #beings #hanf #hemp #cannabis #gerechtigkeit #something #someday #poweroflove #peoplenotprofit #antipro #biggerthanus
#Schattenfinanzen #UltimaRatio
#Lindner #Lauterbach #SPD #Scholz #FDP #CSU #CDU #Merkel #Spahn #Carmen #FinCEN #geldwäsche #prohibition #anslinger #klima #FIU #Papst ...] #feel ∞