Category: tax evasion

Major Canadian cryptocurrency exchange Coinsquare ordered to hand over client info to federal tax authorities

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A major Canadian cryptocurrency exchange Coinsquare of Toronto has been ordered to render its client information to federal tax authorities following a first-of-its-kind court ruling. The Federal Court issued an order compelling Coinsquare Ltd. to reveal customer details to the Canada Revenue Agency as it expands its enforcement among cryptocurrency holders and traders....
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Switzerland’s oldest private bank Rahn & Bodmer pays U.S. $22 million for helping holders file false tax returns defrauding IRS of millions

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Rahn & Bodmer, Zurich Switzerland's oldest private bank, will pay $22 million to the U.S. government for conspiring to help U.S. account holders file false federal tax returns and defraud the IRS  hiding hundreds of millions of dollars offshore. Rahn & Bodmer helped U.S. account holders file false federal tax returns and commit tax...
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Hedge fund founder Thomas Sandell to pay New York 105 million for evading NY city and state taxes. Whistleblower gets $22 million

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  Hedge fund founder Thomas Sandell paid $105 million to settle claims he fraudulently evaded New York and State taxes on more than $450 million on fees he earned. In the settlement, a whistleblower will receive more than $22 million in reward, which is the largest recovery in New York state history under the False Claims...
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