eBook | Foreign Asset Reporting: Navigating the Choppy Financial Seas.

HSBC India Client Convicted of Hiding Offshore Accounts From IRS

Ashvin Desai, an offshore account taxpayer, was previously convicted for concealing more than $ 8 million in foreign bank accounts. Last week, he was sentenced by U.S. District Judge Edward J. Davila to six months in prison and six months and one day of home confinement. Desai was a medical device manufacturer who failed to […]