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> " IRS-CI Special Agents are the best in the world at following the money through cyberspace or wherever our financial investigations lead us. We will continu

> " IRS-CI Special Agents are the best in the world at following the money through cyberspace or wherever our financial investigations lead us. We will continue to work with our partners at the US Attorney’s Office to track down these criminals and bring them to justice." They might want to look into this: Many U.S. corporations use offshore tax havens and other accounting gimmicks to avoid paying as much as $90 billion a year in federal income taxes. A large loophole at the heart of U.S. tax law enables corporations to avoid paying taxes on foreign profits until they are brought home. Known as “deferral,” it provides a huge incentive to keep profits offshore as long as possible. Many corporations choose never to bring the profits home and never pay U.S. taxes on them. https://americansfortaxfairness.org/tax-fairness-briefing-booklet/fact-sheet-offshore-corporate-tax-loopholes/ https://americansfortaxfairness.org/tax-fairness-briefing-bo... Yes, these tax loopholes are legal, but I bet the IRS and its world-class money trackers could, if they wanted, find quite a few outfits going well beyond what's technically legal.

zmaurelius 4y ago
They could, but then the IRS would have contend with an army of lawyers to claw their money back. In this case, going after a small time criminal with no connections is an easy win, so it makes sense from a resource allocation perspective for them focus on cases like this instead.
- mschuster91 4y ago
  > They could, but then the IRS would have contend with an army of lawyers to claw their money back. Always reminds me on how Scientology managed to get charitable. tl;dr: Cause so much work for the IRS (or appear to be able to do so) and they'll back down. The tax code is like the MasterLock of laws: looks complex on the outside, keeps honest people honest but is so weak it can be exploited by anyone willing to do so.
- vkou 4y ago
  Anyone who stole and has held on to 51,000 BTC is not exactly a small-time criminal any more. They were when the theft occurred, but this is like when you steal a cargo container full of crap, and five years later discover that both the Mona Lisa and a nuclear football is in it.
Scoundreller 4y ago
They said they were the best in the world, not that they were any good.
deleted 4y ago
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zmaurelius 4y ago

They could, but then the IRS would have contend with an army of lawyers to claw their money back. In this case, going after a small time criminal with no connections is an easy win, so it makes sense from a resource allocation perspective for them focus on cases like this instead.

mschuster91 4y ago
> They could, but then the IRS would have contend with an army of lawyers to claw their money back. Always reminds me on how Scientology managed to get charitable. tl;dr: Cause so much work for the IRS (or appear to be able to do so) and they'll back down. The tax code is like the MasterLock of laws: looks complex on the outside, keeps honest people honest but is so weak it can be exploited by anyone willing to do so.
vkou 4y ago
Anyone who stole and has held on to 51,000 BTC is not exactly a small-time criminal any more. They were when the theft occurred, but this is like when you steal a cargo container full of crap, and five years later discover that both the Mona Lisa and a nuclear football is in it.

Scoundreller 4y ago

They said they were the best in the world, not that they were any good.

deleted 4y ago

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