Friday, March 16, 2012

International tax gangsters?

If you ever wondered how tax evasion works, it seems to look a lot like this.

Swiss “Tax Evasion Advisers” Hid Assets, Used Kids:
Two Swiss men who acted as “full service tax evasion advisers” helped U.S. clients hide hundreds of millions of dollars from tax authorities, while delivering cash in hotels and through a child courier, prosecutors said.
... Both Thomann, 61, and Beck, 46, met clients in Manhattan hotels to hand them cash they couldn’t withdraw without visiting Switzerland and pick up money to deposit in their undeclared accounts, according to the indictments.
...A person identified as “Client 2” faxed Beck a letter to withdraw $150,000 in 2009 from Wegelin, according to the indictment. An “unknown person” told him to go to an address in Brooklyn, New York, at a particular time, the indictment said.
...Upon Client 2’s arrival, “a small child of approximately five years of age exited from the home located at the specified address, walked up to Client 2’s car, and handed Client 2 a brown paper bag containing approximately $150,000 in cash,” according to the indictment. 

1 comment: