In what appears to be another significant step toward prosecuting U.S. citizens with unreported overseas bank accounts, and foreign banks – and bankers – that facilitate them, a Swiss banker has pleaded guilty to conspiring to defraud the... Read More
California attorney Christopher M. Rusch has been sentenced to serve 10 months in prison for helping his clients Stephen M. Kerr and Michael Quiel, both businessmen from Phoenix, hide millions of dollars in secret offshore bank accounts at UBS AG and... Read More
H. Ty Warner, the billionaire creator of Beanie Babies and other plush animal toys, has been sentenced to two years’ probation – not federal prison – for failing to report more than $24.4 million in income, and evading nearly $5.6 million... Read More