FinCEN Identifies New Scam Targeting Taxpayers Subject to BOI Reporting

The Financial Crimes Enforcement Network (FinCEN) recently posted a fraud alert on its beneficial ownership information (BOI) reporting portal webpage. This alert is relevant to individuals and entities who may be subject to BOI reporting.

According to this fraud alert, fraudulent correspondence has been received by individuals and entities that may be subject to the BOI reporting requirements. This correspondence could be received via email or traditional mail and appears to come from FinCEN.

FinCEN has warned that the fraudulent correspondence may be titled “Important Compliance Notice” and ask the recipient to click on a URL or to scan a QR code. FinCEN states that they do not send unsolicited requests for information. If you receive a message like this, they advise not to respond, click on any links, or scan any QR codes the message contains. Doing so could compromise your personal information.

If you have any questions about this fraud alert or would like to know if you are at risk, contact us.