IRS apologizes for contractor's leak of billionaire Ken Griffin's tax data, acknowledges system weaknesses.

The IRS has issued a public apology to billionaire hedge fund manager Ken Griffin and others after admitting that it failed to prevent the leak of their confidential tax data by a contractor, Charles Littlejohn, who was sentenced to five years in prison for disclosing private tax returns. The IRS acknowledged its system's weaknesses and plans to work with its independent oversight department and other agencies to assess potential vulnerabilities. A lawsuit filed by Griffin was dismissed as part of the settlement agreement.

June 25, 2024
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