Rich tax dodgers in firing line
(Reuters): The U.S. government is stepping up prosecutions of wealthy individuals dodging taxes through off-shore accounts, with new cases expected to be made public "every couple of weeks," a top government attorney has said. US officials have been sifting through about 250 client names obtained through the settlement of a criminal probe against UBS. Banks that helped U.S. clients hide money off-shore are also a target. The government has secured six guilty pleas so far including one on Friday, where a New Jersey man pleaded guilty for failing to report about $6.1 million he had held in a Swiss bank account.
Category: Business
