The Corporate Transparency Act, which went into effect Jan. 1, requires businesses to report certain ownership information to the U.S. government in order to mitigate the number of money-laundering operations.
Since the law went into effect, the Financial Crimes Enforcement Network has reportedly been notified of scammers who send messages asking recipients to click on a URL or scan a QR code. The ADA said the messages may be titled “Important Compliance Notice.”
The ADA said the enforcement network does not send unsolicited requests.
