201812.09
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Is it Illegal to Purchase Offshore Assets or Move Money Overseas?

Is it Illegal to Purchase Offshore Assets or Move Money Overseas? The word “offshore” usually conjures up an image of yourself sitting across from a well-dressed banker in Switzerland. On your lap sits a suitcase filled with cash (of legally withdrawn money) that you traveled with to UBS (because you’ve seen way too many spy movies). As…

201812.03
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Swiss Bankers Get Probation…After Cooperating with US Prosecutors

Swiss Bankers Get Probation…After Cooperating with US Prosecutors In a recent case (11/2018), a Manhattan Federal Court Judge sentenced two Swiss Bankers that defrauded the IRS with probation. While that’s great for them…how many names did they have to give up to the IRS? Your Swiss Accounts are Neither Confidential Nor Secret Sure, maybe 30-years…