New York prosecutors say Bank Hapoalim hid more than $7.6 billion in Swiss and Israeli bank accounts.
wsj.com/articles/israe…
wsj.com/articles/israe…
Bank Hapoalim to pay $904 million for role in FIFA bribe scandal, US tax evasion
timesofisrael.com/bank-hapoalim-…
timesofisrael.com/bank-hapoalim-…
Israel's Largest Bank, Bank Hapoalim, Admits to Conspiring with U.S. Taxpayers to Hide Assets and Income in Offshore Accounts
justice.gov/opa/pr/israel-…
justice.gov/opa/pr/israel-…
"From at least in or about 2002, and continuing until at least in or about 2014, the Bank conspired with employees, U.S. customers, and others to: (1) defraud the United States with respect to taxes; (2) file false federal tax returns; and (3) commit tax evasion."
"Employees of BHBM and BHS assisted U.S. customers in concealing their ownership and control of assets and funds held at the Bank, which enabled those U.S. customers to evade their U.S. tax obligations, by engaging in the following conduct:"
