News and commentary about white-collar crime, enforcement, and compliance
Harry Cassin
Publisher and Editor
Andy Spalding
Senior Editor
Jessica Tillipman
Senior Editor
Bill Steinman
Senior Editor
Richard L. Cassin
Editor at Large
Elizabeth K. Spahn
Editor Emeritus
Cody Worthington
Contributing Editor
Julie DiMauro
Contributing Editor
Thomas Fox
Contributing Editor
Marc Alain Bohn
Contributing Editor
Bill Waite
Contributing Editor
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
The DOJ said Friday that two banks, Bank Linth LLB AG and Bank Sparhafen Zurich AG, reached deals to resolve criminal charges for helping U.S. taxpayers evade taxes.
Bank Linth will pay $4.15 million and Bank Sparhafen will pay $1.81 million, the DOJ said.… Continue Reading
The DOJ said this week that Société Générale Private Banking Suisse and another bank, Berner Kantonalbank AG, reached resolutions under the DOJ’s Swiss Bank Program.
SocGen will pay a $17.8 million penalty and Berner Kantonalbank will pay $4.6 million, the DOJ said. … Continue Reading
Lugano-based BSI SA on Monday became the first bank to use a DOJ amnesty program to resolve potential criminal offenses for helping U.S. taxpayers use secret accounts and offshore shell companies to evade taxes.… Continue Reading