Financial Fraud Law

Recent Posts

Allegedly Told ‘Don’t Get Caught,’ Swiss Banker Got Caught, and Now He’s Guilty of Conspiring to Defraud the IRS
Posted on 13 Mar 2014 by Steven A. Meyerowitz

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

Tags: overseas bank accounts , income tax fraud , Fraud , financial fraud law , financial fraud

Attorney Heading to Prison for Helping Clients Keep Secret Swiss Bank Accounts
Posted on 20 Mar 2014 by Steven A. Meyerowitz

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

Tags: overseas bank accounts , income tax fraud , Fraud , financial fraud law , financial fraud

Beanie Babies Billionaire Avoids Prison in Tax Evasion Case
Posted on 15 Jan 2014 by Steven A. Meyerowitz

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

Tags: FBAR , overseas bank accounts , income tax evasion , financial fraud law , financial fraud , probation