As the Financial Crimes Enforcement Network (FinCEN) opens its beneficial ownership information (BOI) reporting portal, its BOI webpage, reflects a fraud alert for individuals and entities who may be subject to beneficial ownership information (BOI) reporting.

According to the FinCEN fraud alert, individuals and entities that may be subject to the beneficial ownership information (BOI) reporting requirements have been receiving fraudulent correspondence, via email or traditional mail, that appears as though it came from FinCEN. 

In some instances, the fraudulent correspondence may be titled “Important Compliance Notice” and ask the recipient to click on a URL or to scan a QR code. Be advised that e-mails or letters such as this are fraudulent, according to the alert.

FinCEN cautions individuals that it does not send unsolicited requests for information, and individuals who receive these messages should not respond to them, click on any links or scan any QR codes they contain.

(This is Blog Post #1516)