Listen to this post

Unfortunately, there are always people out there looking for new ways to steal our personal information.  The latest scam?  Sending ominous warnings that personal information must be filed immediately with bogus or non-existent entities pursuant to the Corporate Transparency Act.

There have been many alerts that have indicated that the Corporate Transparency Act (the “CTA”) will require many corporations, limited liability companies, and similar entities, to file information with the United States Department of the Treasury Financial Crimes Enforcement Network (“FinCEN”).  The CTA was enacted to assist the government to identify terrorists, drug dealers, and other illicit operators who hide behind a maze of entities to launder money and shield other bad actions.

However, be warned that neither FinCEN nor any other governmental agency is sending demands for personal information.  All filings required by the CTA will only be made online at a secure website to be established by FinCEN and no filings will be required prior to January 1, 2024.

What to do?

If you or your client received a letter or email demanding information DO NOT REPLY.  You can either delete the message or forward it to the Better Business Bureau Scam Bureau at  and then delete it.  In addition to alerts from the Better Business Bureau, FinCEN has posted an alert at its website,  The FinCEN website includes links to the CTA and FinCEN regulations as well as materials to assist small businesses in understanding and complying with their obligations under the CTA.

Reach out to Liskow attorneys Marilyn Maloney, Leon Rittenberg, and Julie Chauvin for further information regarding the Corporate Transparency Act, and visit our resource page here.

Disclaimer: This Blog/Web Site is made available by the law firm of Liskow & Lewis, APLC (“Liskow & Lewis”) and the individual Liskow & Lewis lawyers posting to this site for educational purposes and to give you general information and a general understanding of the law only, not to provide specific legal advice as to an identified problem or issue. By using this blog site you understand and acknowledge that there is no attorney-client relationship formed between you and Liskow & Lewis and/or the individual Liskow & Lewis lawyers posting to this site by virtue of your using this site. The Blog/Web Site should not be used as a substitute for legal advice from a licensed professional attorney in your state regarding a particular matter.

Privacy Policy: By subscribing to Liskow & Lewis’ E-Communications, you will receive articles and blogs with insight and analysis of legal issues that may impact your industry. Communications include firm news, insights, and events. To receive information from Liskow & Lewis, your information will be kept in a secured contact database. If at any time you would like to unsubscribe, please use the SafeUnsubscribe® link located at the bottom of every email that you receive.