- Frank Bisignano, the current IRS chief, has denied allegations that he abused his authority while working as co-chief operating officer at JPMorgan Chase .
- Sources told The Wall Street Journal that Bisignano allegedly spied on executives, including Charlie Scharf (then head of consumer banking at JPMorgan and now CEO of Wells Fargo), to control employees and undermine rivals, with one executive reportedly testing this by embedding a code phrase in an email.
- Bisignano vehemently denied the allegations in a CNBC interview, calling the Journal 's report "really bad journalism for political reasons" and stating that none of the claims are true, emphasizing his "impeccable" career record.
- Bisignano's lawyer, Courtney Forrest, also denied the allegations, stating that Bisignano "never directed anyone to look through any employee’s or executive’s communications or engaged in any form of surveillance" and that claims of him undermining colleagues are "patently untrue."
- This is not the first time Bisignano has faced such accusations. A 2018 Business Insider article previously alleged he was involved in a project to use Palantir technology to spy on JPMorgan employees, though there are no allegations of him improperly accessing customer information.
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