Bloomberg News reports that federal prosecutors in Manhattan filed an expanded indictment Wednesday against former Wegelin & Co. bankers Roger Keller, Urs Frei and Michael Berlinka. On Wednesday, August 28, 2013 we posted U.S. Turns Up The Pressure On Swiss Banks! where we discussed that thousands of Swiss bank workers have seen their data handed…
Read more
Lynch's Nomination Stalled Pending Determination of Whether She Received Leaked HSBC Info Before the HSBC Deal.
According to Law360 Loretta Lynch, President Barack Obama’s attorney general nominee, said Wednesday she had no knowledge of information that had been leaked to French authorities about HSBC Holdings PLC's possible assistance in tax evasion when she negotiated a controversial deferred prosecution agreement with the bank.In response to written questions submitted by Senate Judiciary Committee Chairman…
Read more
UBS Whistleblower Bradley Birkenfeld Subpoenaed By French Authorities
A former UBS AG banker whose disclosures led the U.S. Department of Justice to investigate the Swiss bank for helping its American clients evade taxes has asked a Florida federal judge for permission to travel to France to aid in that country’s scrutiny of the bank, after receiving a subpoena from a French magistrate judge.…
Read more
IRS Begins Limited Test of Providing Appointments at 10 Walk-In Locations
The Internal Revenue Service announced today a limited test in 10 of its larger Tax Assistance Centers around the country to determine if an appointment-based service approach can help reduce taxpayer wait times during a time of severe budget cuts. While the IRS believes this approach will benefit taxpayers by helping them avoid long waits…
Read more
