Wealthy Executives Make Millions Trading Competitors’ Stock With Remarkable Timing

3/27/2023

This article from ProPublica reveals a previously undisclosed program by the Internal Revenue Service (IRS) called the Corporate Fraud Study. The program involves IRS agents gathering and analyzing extensive data on various companies, including their stock trading activities. The article highlights specific cases where the IRS identified instances of potential insider trading or market manipulation by company executives. It examines the challenges faced by the IRS in enforcing securities laws and the potential impact of the program on corporate behavior. The article sheds light on the secretive nature of the program and raises questions about the effectiveness of current regulatory efforts to ensure fair and transparent markets.

irs ꞏ tax ꞏ financial ꞏ tax evasion ꞏ tax avoidance ꞏ stock trading ꞏ insider trading ꞏ irs files ꞏ tax returns ꞏ tax fraud ꞏ financial documents ꞏ tax law ꞏ irs investigation ꞏ stock market ꞏ financial records ꞏ tax information ꞏ financial transparency ꞏ tax compliance ꞏ tax regulations ꞏ tax loopholes ꞏ tax code ꞏ financial fraud ꞏ financial market ꞏ tax audit ꞏ tax reporting ꞏ tax evasion schemes ꞏ tax investigations ꞏ financial crimes ꞏ stock trading regulations ꞏ stock trading practices ꞏ financial industry ꞏ financial ethics ꞏ tax transparency ꞏ financial corruption ꞏ stock trading secrets ꞏ tax system ꞏ tax policies ꞏ financial accountability ꞏ tax enforcement ꞏ tax equity ꞏ financial scandals ꞏ stock trading manipulation ꞏ tax evasion penalties ꞏ financial investigations ꞏ tax evasion consequences ꞏ financial disclosure ꞏ stock trading ethics ꞏ tax justice ꞏ financial wrongdoing ꞏ tax evasion techniques ꞏ financial misconduct ꞏ stock trading laws