internal revenue service
Chalk one up for everyone’s best friend, the Internal Revenue Service. Reports surfaced today that 11 Swiss banks are expected to settle a massive U.S. probe into offshore tax evasion.
So much for supposedly being neutral … scores of Swiss bankers are seemingly getting caught by the long arm of the American law lately for helping enterprising U.S. citizens cheat on their taxes.
Wiring millions in dirty money to a secret Swiss bank account apparently isn’t just for spy movie villains anymore. The U.S. Department of Justice (DOJ) has targeted eight offshore banks in a federal grand jury investigation, and is clapping manacles on scores of facilitators.