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Taxation of Ponzi Clawbacks & Tax Refund from Ponzi

Richard Lehman

Lehman Tax Law

Tuesday, July 23, 2019 | 11:00 AM EDT

2 Credits


Subject Area


Upcoming Webinars

Course Description

Almost every day a new Ponzi Scheme is uncovered and more people lose their fortunes. Generally, there is little left in the fraudulent schemes to make victims whole. However, after the schemes are discovered, there is at least a partial recovery that can be found in the U.S. taxes and state tax laws. With rising tax structure victims may have a chance to recover in the form of theft tax loss. deduction. Attendees will know how to maximize the client's tax refunds under the Internal Revenue Code. They will also know about "Mitigation Deduction" for the profits earned and reported from Ponzi Schemes that are 'Clawback'.

Learning Objectives

  • Understanding more about the requirements for financial losses that qualify for the theft loss deduction.
  • Identifying the various limitations and benefits of the new Trump Tax Law on financial theft losses.
  • Understanding of types of 'Clawback'
  • How to best apply choices to maximize the tax recovery that results from a Clawback of funds for those investors who profited from the “false profits” of the Ponzi Scheme.

Who Should Attend?

  • Enrolled Agent