Now fast forward 2 years. According to a USA Today article, four people that were involved with law firm in helping clients hide money have now been charged with crimes that include wire fraud, money laundering and conspiracy to commit tax evasion.
“They had a playbook to repatriate un-taxed money into the U.S. banking system,” said U.S. Attorney Geoffrey S. Berman, a prosecutor for the Southern District of New York. “Now, their international tax scheme is over, and these defendants face years in prison for their crimes.”
There are hints that there may be more people indicted in the future. To read the entire USA Today article click: