
DEVELOPING: Treasury HALTS Booz Allen! Tax Leak Fallout.
The Treasury Department canceled $21 million in contracts with Booz Allen Hamilton after a contractor leaked confidential IRS data, revealing tax avoidance strategies of wealthy individuals. This decision, impacting 31 contracts, follows the contractor's 2023 guilty plea and subsequent five-year prison sentence, causing Booz Allen's stock to fall by over 7% amid concerns about data security and government trust.















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