Report No. 2: FTX and Sam Bankman-Fried Fraud

By Richard S. Lehman, Esq.


There is no set of fixed rules that clearly define the taxpayer’s reasonable prospect of a recovery, that will result in a limitation of a taxpayer’s theft loss deduction in the year of discovery. However, it is possible to have a grasp of the concept by reviewing court statements defining the concept. We will also look at general principles that have emerged from the court cases and review two cases that could be said to represent the extreme ends of the spectrum of just what is a reasonable prospect of recovery.  Learn more read the full report.  REPORT NO. 2: Download 10 page pdf here or read online here: https://www.lehmantaxlaw.com/report2-ftx-ponzi/


Richard S. Lehman, U.S. Tax Attorney
Phone: 561-368-1113

www.LehmanTaxLaw.com
Located in the Dorot & Bensimon P.L. Domestic & International Tax Law Office
2000 Glades Road, Suite 312, Boca Raton, FL.  33431


Location: Lehman Tax Law

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