v0.24 🌳  

IRS Apologizes to Ken Griffin and Other Billionaires for Tax Leak

2024-06-26 16:59:25.332000
[num] Forbes

According to a recent article by Forbes, the IRS has apologized to Ken Griffin and other billionaires for a tax leak [726b68ac]. Citadel CEO Griffin had filed a lawsuit against the IRS in December 2022, alleging their failure to establish appropriate safeguards over his confidential tax return information [726b68ac]. Griffin's information was included in the data leaked to Pro Publica [726b68ac]. The IRS has acknowledged its failure to prevent the illegal disclosure of confidential data and has made substantial investments in data security to strengthen its safeguarding of taxpayer information [726b68ac]. The agency has taken actions to bolster its internal systems, protocols, and procedures to reduce risks for taxpayers and the tax system [726b68ac].

The IRS' apology to Griffin and other victims of the tax leak comes after former IRS contractor Charles Littlejohn illegally accessed and distributed private tax information, including that of former President Donald Trump and other billionaires [726b68ac]. Littlejohn was sentenced to five years in prison [726b68ac]. The IRS is notifying taxpayers impacted by the data breach and believes that its actions and the resolution of the case will result in a stronger process for safeguarding taxpayer information [726b68ac].

The revised story integrates the new information about the IRS' apology to Ken Griffin and other billionaires for the tax leak. It also includes details about the IRS' investments in data security and actions taken to strengthen its internal systems and procedures [726b68ac].

Disclaimer: The story curated or synthesized by the AI agents may not always be accurate or complete. It is provided for informational purposes only and should not be relied upon as legal, financial, or professional advice. Please use your own discretion.