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Post & Schell's Peter Hardy & Carolyn Kendall Co-Author 2014 Supplement to White Collar/Criminal Tax Treatise
Published by Bloomberg BNA, the 2014 Supplement to Criminal Tax, Money Laundering, and Bank Secrecy Act Litigation includes updates to enforcement actions, changes to sentencing guidelines and analysis of virtual currency regulation
November 6, 2014
PHILADELPHIA, PA – November 6, 2014 – Post & Schell, P.C. is pleased to announce that Bloomberg BNA has published and released the 2014 Cumulative Supplement to Principal Peter D. Hardy’s treatise, Criminal Tax, Money Laundering, and Bank Secrecy Act Litigation. The 2014 supplement, co-authored by Post & Schell Associate Carolyn H. Kendall, includes updates on government enforcement actions involving offshore financial accounts, examines the emerging regulation of Bitcoin and other virtual currencies, and changes to the Federal Sentencing Guidelines.
First published in 2010, Criminal Tax, Money Laundering, and Bank Secrecy Act Litigation provides critical analysis for practitioners defending federal criminal cases pursued by the Internal Revenue Service (IRS) and the United States Department of Justice (DOJ). Covering the entire life cycle of such cases, the treatise discusses in detail the entire panoply of complex legal, factual, logistical, and tactical challenges raised during investigations, negotiations with the government, plea agreements, trials, and sentencing hearings.
The 2014 Cumulative Supplement includes insight and analysis on:
- The government’s high-profile enforcement campaign against undisclosed offshore financial accounts, including the implementation of FATCA, the increasing investigation and regulation of banks, and the evolving voluntary disclosure programs for offshore accounts
- Willfulness in criminal cases, and in civil cases involving offshore account reporting
- The emerging regulation of virtual currency under the Bank Secrecy Act
- The new DOJ policy on criminal and civil forfeitures in tax-related cases
- The new amendment to the Federal Sentencing Guidelines regarding the definition of “tax loss”
“The analysis provided in Criminal Tax, Money Laundering, and Bank Secrecy Act Litigation and the 2014 supplement is relevant to a wide variety of lawyers including defense attorneys, regulatory attorneys, and in-house corporate counsel,” said author and Post & Schell Principal Peter D. Hardy. “It is also valuable to financial institutions and business and tax professionals who must contend with an ever-shifting landscape in related prosecutions and litigation.”
Mr. Hardy has significant experience in complex criminal matters at the investigative, trial, and appellate levels. He also has focused legal knowledge and experience in tax fraud, voluntary disclosures to the IRS, financial institution crime, money laundering, mortgage fraud, and securities fraud, among others. Prior to private practice, he served for six years as an Assistant United States Attorney for the U.S. Attorney’s Office in Philadelphia, and for five years in the Criminal Section of the Tax Division of the DOJ in Washington, D.C. He is a member of the American College of Tax Counsel, and serves as an Adjunct Professor at the Graduate Tax Law Program of the Villanova University School of Law.
Supplement co-author and Post & Schell White Collar Associate Carolyn H. Kendall conducts internal investigations and defends corporations, officers and other individuals facing criminal and civil investigation. Her work includes matters involving pharmaceutical, manufacturing, and financial companies, relating to potential criminal tax and money laundering violations, among others. Ms. Kendall is a graduate of the University of Virginia School of Law and served as a clerk for the Honorable Kenneth F. Ripple of the United States Court of Appeals for the Seventh Circuit.
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