Andrew Mitchel LLC

International Tax Blog - New and Interesting International Tax Issues

U.S. Government Continues to Pursue Taxpayers Committing Tax Fraud

2011-06-24

As we reported last year (Tax Crimes, Tax Fraud, Tax Schemes), the U.S. government actively pursues taxpayers that are committing tax fraud.  The Justice Department publicizes is successes in its press releases.  The press releases demonstrate an impressive list of tax-related convictions, guilty pleas, injunctions, summonses, and other actions against taxpayers (and tax preparers).  Many of the tax fraud schemes include offshore activities.  See, for instance:

  1. New Jersey UBS client sentenced for failing to report more than $750,000 in Swiss bank account
  2. Bank director charged with hiding foreign assets
  3. Justice Department asks court to allow IRS to seek HSBC India bank account records
  4. UBS client sentenced in San Diego for hiding assets in secret Bahamian and Swiss bank accounts
  5. Former UBS client sentenced for hiding millions in offshore bank accounts
  6. Four Swiss bankers charged with helping U.S. taxpayers use secret accounts at Swiss banks to evade U.S. taxes
  7. New Jersey UBS client sentenced for failing to report more than $1 million in Swiss bank account

Tags: Other - Tax Fraud

CATEGORIES

DISCLAIMER

The posts on this blog have not been verified for accuracy. You should consult an attorney for legal advice regarding your own situation. These posts are not updated for changes in the tax laws. Further, these posts should not be relied upon for any purpose whatsoever.


Copyright © 2004 – 2026, Andrew Mitchel LLC. All rights reserved.