Bank Admits to Helping U.S. Taxpayer-Clients Hide Hundreds of Millions of Dollars in Offshore Accounts
@drawandstrike @ThomasWictor @HNIJohnMiller @jihadaeon1 @rising_serpent @_ImperatorRex_ @Debradelai @GodlessNZ @TheChiIIum
justice.gov/usao-sdny/pr/m…
***I'm grinning so hugely right now.***
From at least in or about 2002 through in or about 2009, ZKB helped certain U.S. taxpayers with accounts at ZKB evade their U.S. tax obligations, file false federal tax returns with the IRS, and otherwise hide accounts held at ZKB from the IRS...
At its high-water mark in 2008, ZKB had approximately $794 million in assets under management relating to undeclared accounts held by U.S. taxpayer-clients.
However, in 2008 and 2009, at the same time as ZKB’s EAM Desk proactively sought to increase its U.S. taxpayer-client base,
Despite ZKB’s cooperation with the Government in this case, the Government views the actions of ZKB with respect to indicted bankers FELLMANN and REIST, described in the Statement of Facts,
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Hüppi remains a fugitive.
justice.gov/usao-sdny/pres…
Download S2 Superseding Information U.S. v. Fellmann
justice.gov/usao-sdny/pres…
Download S3 Superseding Information U.S. v. Reist
justice.gov/usao-sdny/pres…