News & Events

Patricia Lynn Hough, of Englewood, Fla., was convicted today by a jury in Fort Myers, Fla., of conspiring to defraud the Internal Revenue Service.

Bank Frey is the latest Swiss bank to close its doors and leave many U.S. clients with disclosed and undisclosed offshore bank accounts.

On August 29, 2013, the United States and Switzerland announced their mutual agreement to a Program for Swiss banks to make disclosures to the U.S. government in exchange for the U.S. Department of Justice’s agreement not to prosecute or criminally investigate the Swiss banks.

On August 30th the US Department of Justice announced that the U.S. and Swiss governments have reached an agreement for Swiss banks to disclose the identities of US account holders and to pay penalties for helping US taxpayers evade taxes – ending Switzerland’s long-standing tradition of strict bank secrecy.

U.S. and Swiss Reach Deal to End Bank Secrecy!