Summary
The U.S. Treasury Department has ended its contracts with Booz Allen Hamilton after a former contractor, Charles Edward Littlejohn, leaked tax information involving President Donald Trump and other wealthy people. Littlejohn was sentenced to five years in prison for his actions, which were considered unprecedented in the history of the IRS. Booz Allen still holds extensive contracts with other U.S. government agencies.
Key Facts
- The Treasury Department canceled contracts with Booz Allen Hamilton due to a data leak involving Trump’s tax information.
- Charles Edward Littlejohn, a former contractor at Booz Allen, leaked sensitive tax data and was sentenced to five years in prison.
- Littlejohn leaked the data to news outlets like The New York Times and ProPublica between 2018 and 2020.
- The Treasury Department had 31 contracts with Booz Allen, totaling $21 million in obligations.
- Booz Allen maintains contracts with other government agencies such as the Defense Department and Homeland Security.
- Booz Allen claims it did not store taxpayer data on its systems and assisted in the investigation that led to Littlejohn's prosecution.
- Booz Allen's stock price dropped following the contract termination announcement.
- The firm highlighted risks involving its professional reputation and relationships with the U.S. government in its latest SEC filing.
