An 83-year-old man who has served 527 days in prison for animal cruelty after his dog fatally attacked a cat committed no crime and must be set free as soon as possible, an appeals court ruled this week.
The IRS created the 2011 Offshore Voluntary Disclosure Initiative (OVDI) to allow taxpayer applicants with previously undisclosed offshore accounts and assets to disclose these assets by August 31, 2011, and pay overdue taxes along with a set penalty. Through participation in the OVDI program, fully qualified taxpayers may avoid criminal prosecution for failure to disclose offshore accounts.
An ex-aide of a Florida lawyer who ran a $1.2 billion Ponzi scheme was sentenced to 10 years in prison on Friday, the latest development in a high-profile case that drew attention to investment fraud in the state.
FORT LAUDERDALE, Fla. (AP) — A former executive at disbarred attorney Scott Rothstein’s law firm is pleading not guilty to charges that she played a key role in his $1.2 billion Ponzi scheme.
Scott Rothstein’s right-hand woman at his Fort Lauderdale law firm — chief operating officer Debra Villegas — helped her boss fabricate legal settlements that he sold to wealthy investors, boosting his $1.2 billion Ponzi scheme until its sudden collapse last October, prosecutors said Tuesday.
One of Ponzi schemer Scott Rothstein’s closest associates — Debra Villegas, the woman he made his second-in-command at his law firm — is scheduled to face a federal judge Wednesday morning on a money-laundering charge that alleges she was instrumental to his massive investment fraud.
More than 150 wealthy American customers of Swiss banking giant UBS (UBS) are under investigation for suspected tax evasion, federal prosecutors disclosed Tuesday.
A former Swiss banker should get a sharply reduced prison term for helping the U.S. government as a star witness in a wide-ranging tax evasion investigation of banking giant UBS AG, federal prosecutors said Tuesday. The banker contends his cooperation warrants no jail time at all.