Read more tax fraud stories on Newserhttp://www.newser.com/taggrid/16592/tax-fraud.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 6:31:50 CSThttp://www.newser.com/story/74277/15k-yanks-turn-selves-in-for-offshore-tax-cheating.html?utm_source=syn&utm_medium=rss&utm_campaign=tagProdded by the stick of a looming crackdown on offshore tax cheats and the carrot of an IRS amnesty program, some 14,700 rich Americans have turned themselves in, disclosing billions in hidden foreign assets. The "unprecedented" participation in the amnesty program surprised the IRS and advisers to the super-rich...http://www.newser.com/story/74277/15k-yanks-turn-selves-in-for-offshore-tax-cheating.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 18 Nov 2009 9:57:02 CSThttp://www.newser.com/story/67927/tax-collectors-use-myspace-google-to-find-deadbeats.html?utm_source=syn&utm_medium=rss&utm_campaign=tagInternet-savvy state tax collectors are using a new tool in tracking down evaders: social networking websites. Tax collectors are taking advantage of the fact that an individual’s MySpace or Facebook profile often contains quite a bit of professional information, the Wall Street Journal reports. Agents in Nebraska, for example, recently...http://www.newser.com/story/67927/tax-collectors-use-myspace-google-to-find-deadbeats.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 27 Aug 2009 15:31:02 CDThttp://www.newser.com/story/67085/tax-evader-crackdown-spreads-to-hong-kong.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe IRS and Justice Department crackdown on UBS is widening, reports the Wall Street Journal , as new documents reveal the efforts the bank took to keep its clients' wealth away from the taxman. Two recent cases have relied on channeling millions to a Swiss account owned by a Hong Kong-based...http://www.newser.com/story/67085/tax-evader-crackdown-spreads-to-hong-kong.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 17 Aug 2009 8:40:39 CDThttp://www.newser.com/story/55496/ubs-bans-its-execs-from-foreign-travel.html?utm_source=syn&utm_medium=rss&utm_campaign=tagUBS has banned managers who deal with foreign clients from traveling abroad, the Daily Telegraph reports. The Swiss bank, which has refused to give US investigators the names of 50,000 suspected tax dodgers, denied that the ban is to protect senior staff from American authorities. Analysts, however, see the...http://www.newser.com/story/55496/ubs-bans-its-execs-from-foreign-travel.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 07 Apr 2009 6:56:00 CDThttp://www.newser.com/story/53235/swiss-ditch-bank-secrecy-rules.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSwitzerland might not be a haven for tax evading ne’er-do-wells for much longer. The country agreed today to ease its banking secrecy laws, eliminating the distinction between tax fraud and tax evasion on foreign accounts. Previously, the Swiss cooperated with foreign governments only on tax fraud, which is a criminal...http://www.newser.com/story/53235/swiss-ditch-bank-secrecy-rules.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 13 Mar 2009 7:50:47 CDThttp://www.newser.com/story/51201/swiss-bank-will-give-names-of-us-tax-dodgers.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSwitzerland's biggest bank admitted today that it helped wealthy US customers evade their taxes, the Wall Street Journal reports. UBS set up shell companies and fake trusts for customers so they could hide their accounts from the IRS. The company will pay $780 million in fines and turn over the...http://www.newser.com/story/51201/swiss-bank-will-give-names-of-us-tax-dodgers.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 18 Feb 2009 18:55:07 CSThttp://www.newser.com/story/38862/fraud-case-breaches-venerable-swiss-secrecy.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSwiss authorities are cooperating with an American investigation into a tax fraud scandal, dealing a major blow to the nation's tradition of banking secrecy. Swiss bank UBS is alleged to have helped up to 20,000 American clients evade taxes by stashing their fortunes—collectively worth $20 billion—in undeclared...http://www.newser.com/story/38862/fraud-case-breaches-venerable-swiss-secrecy.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 01 Oct 2008 10:50:37 CDThttp://www.newser.com/story/31330/feds-battle-ubs-to-give-up-tax-dodgers.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe Justice Department is pressing UBS for the names of suspected tax dodgers with secret bank accounts in Switzerland, the New York Times reports. Federal authorities believe the Swiss bank may have helped up to 20,000 Americans stash $20 billion in offshore accounts, evading hundreds of millions in taxes....http://www.newser.com/story/31330/feds-battle-ubs-to-give-up-tax-dodgers.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 01 Jul 2008 2:43:37 CDThttp://www.newser.com/story/26765/feds-detain-top-ubs-banker-in-tax-fraud-probe.html?utm_source=syn&utm_medium=rss&utm_campaign=tagAlready reeling from record losses and preparing to cut 5,500 jobs, UBS has acknowledged the Department of Justice is investigating the mega-bank for helping its wealthiest clients evade taxes. The feds "briefly detained" one of the Swiss firm's most senior private bankers as a "material witness," UBS said. Insiders...http://www.newser.com/story/26765/feds-detain-top-ubs-banker-in-tax-fraud-probe.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 07 May 2008 6:25:03 CDT