Beverly Hills Plastic Surgeon Sentenced to Year in Federal Prison for Concealing Offshore Bank Account from Federal Officials
@drawandstrike @ThomasWictor @HNIJohnMiller @catesduane @rising_serpent @_ImperatorRex_ @Debradelai @GodlessNZ @almostjingo
justice.gov/usao-cdca/pr/b…
@drawandstrike @ThomasWictor @HNIJohnMiller @catesduane @rising_serpent @_ImperatorRex_ @Debradelai @GodlessNZ @almostjingo
justice.gov/usao-cdca/pr/b…
***It's all those foreign banks folding/cooperating. Probably see many more above what we have already***
LOS ANGELES – A Beverly Hills plastic surgeon was sentenced today to one year and one day in federal prison for failing to disclose to federal authorities a foreign bank account in which he deposited some of the nearly $1.3 million he earned while working in Dubai.
Marc Edward Mani, 50, was sentenced by United States District Judge R. Gary Klausner.
Mani pleaded guilty In July 2017 to one count of failing to file a foreign bank and financial account report (FBAR) for the 2013 tax year.
Mani pleaded guilty In July 2017 to one count of failing to file a foreign bank and financial account report (FBAR) for the 2013 tax year.
When he pleaded guilty, Mani admitted failing to file FBARs with the Treasury Department for both the 2012 and 2013 tax years.
He also admitted that he failed to report on his federal income tax returns the vast majority of the approximately $1.28 million in foreign income he earned in Dubai for the years 2012, 2013 and 2014.
Mani began to travel to Dubai in 2011 to perform plastic surgery for a foreign medical center. Mani’s accountant, who was aware that Mani was earning foreign income, informed him that he would be required to report to U.S. authorities any foreign bank accounts under his control.
In 2012, Mani opened an account with a Dubai-based bank and began depositing income he earned from abroad into this account. He liquidated the account in 2013, when it held more than $400,000 in foreign currency.
U.S. citizens who have an interest in or authority over a financial account in a foreign country with assets over $10,000 are required to disclose & report the foreign financial account to the United States Department of Treasury for each year the financial account exists.
This case is the product of an investigation by IRS Criminal Investigation.
The case was prosecuted by Assistant United States Attorney James C. Hughes of the Tax Division.
The case was prosecuted by Assistant United States Attorney James C. Hughes of the Tax Division.
