On September 18, 2018 we posted, Former Swiss Banker Charged in $1.2 Billion Venezuelan International Money Laundering Operation where we discussed the former managing director and vice chairman of Julius Baer pleaded guilty on August 22, 2018, for his role in a $1.2 Billion international scheme to launder funds embezzled from Venezuelan state-owned oil company Petróleos de Venezuela, S.A.…
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Switzerland Disclosed 2,000,000 Financial Accounts to Foreign Governments
The Swiss Federal Tax Administration has disclosed details of 2,000,000 financial accounts to partner jurisdictions under the global rules for automatic exchange of information. The Federal Tax Administration (FTA) has for the first time exchanged financial account information. The exchange took place within the framework of the global standard on the automatic exchange of information (AEOI). It…
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Former Texas Company CFO Pleads Guilty to Employment Tax Fraud
According to DoJ, the former Chief Financial Officer of an Austin, Texas based company pleaded guilty today to willfully failing to pay over employment taxes to the Internal Revenue Service (IRS). According to court documents, from 2010 to 2016, John Herzer was the CFO of AXO Staff Leasing (AXO), a professional employer organization. Herzer handled…
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Former IRS-CI Special Agent Sentenced to Prison for Filing False Tax Returns – REALLY?
According to the DoJ, a former special agent for the Internal Revenue Service-Criminal Investigation was sentenced to serve 51 months in prison for filing false tax returns, obstruction of justice, and stealing government money. According to the evidence introduced at trial, Alena Aleykina, 45, who is also a Certified Public Accountant and holds a master’s…
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