OFFSHORE ACCOUNTS - Offshore Bank Accounts News

Offshore Bank Accounts News

List of Madoff’s Assets Won’t Be Released, SEC Says (Update2) Wednesday, December 31, 2008 @ 11:15PMDec. 31 (Bloomberg) -- A list of Bernard Madoff ’s assets filed today with the U.S. Securities and Exchange Commission won’t be made public, said the regulator, which sued him earlier this month for allegedly directing a $50 billion fraud.
Madoff set to disclose holdings Wednesday, December 31, 2008 @ 4:07PM Investigators may get a clue today into how much money might be available for victims in the Bernard Madoff scandal.
Multimillion ID fraud: man held Tuesday, December 30, 2008 @ 1:12PMPolice investigating major identity fraud syndicate have charged a man after Sydney raid.
Man charged over crime gang link: police Tuesday, December 30, 2008 @ 9:13AMPolice investigating an alleged multi-million dollar identity fraud and money-laundering syndicate have charged a man after a raid on a Sydney house.
Man faces crime gang charges Tuesday, December 30, 2008 @ 8:34AMPOLICE investigating an alleged multi-million dollar identity fraud and money-laundering syndicate have charged a man after a raid on a Sydney house.
BERNIE CASH STASH Monday, December 29, 2008 @ 6:09PMInvestigators believe that Bernard Madoff has stuffed hundreds of millions of dollars in Ponzi profits into offshore tax havens from which they could prove tricky to recover. In the weeks since his Dec. 11 arrest, forensic accountants have been...
ANZ braced for pain Monday, December 29, 2008 @ 1:00PMANZ Bank is facing a $A29 million fine for failing to comply with US economic sanctions and anti-money laundering standards.
ANZ under fire from the US Monday, December 29, 2008 @ 1:00PMANZ Bank is facing a $US20 million ($A29 million) fine for failing to comply with US economic sanctions and anti-money laundering standards.
Bernard Madoff ‘took SwFr1bn’ from Credit Suisse customers Sunday, December 28, 2008 @ 11:26PMClients of Credit Suisse could have lost as much as SwFr1 billion (£640 million) that they had invested with Bernard Madoff, according to internal forecasts.
Revenue to get EU details on Irish investors Sunday, December 28, 2008 @ 12:13AMSunday, December 28, 2008 By Ian Kehoe, Chief News Correspondent The Revenue Commissioners are to be given the names of thousands of Irish taxpayers who have invested in life insurance products, investment funds and other financial vehicles across the EU.
Feds work on Madoff money mystery Saturday, December 27, 2008 @ 3:10AMIt has become the biggest mystery to emerge from the $50 billion Bernard Madoff scandal: Where did all the money go?
The Herald : Business: MAIN BUSINESS Saturday, December 27, 2008 @ 12:08AMBeleaguered retailers have reaped some benefit from the positioning of Christmas, with shopper numbers increasing 13.6% on Monday compared to the same day in 2007, but analysts are still predicting the worst festive season for many years.
Hogan loses fight to remove tax investigators Thursday, December 25, 2008 @ 8:52AMPAUL HOGAN has failed to remove the team of people involved in a long criminal investigation of his tax affairs and those of his comic sidekick John Strop Cornell and their adviser Tony Stewart.
Where did all the money go? Wednesday, December 24, 2008 @ 7:21AMIt has become the biggest mystery to emerge from the $50 billion Bernard Madoff scandal: Where is the money?
Policing the investment industry in 2008 Tuesday, December 23, 2008 @ 7:53PM2008 year in review, part 7 of 8. The past year has been a remarkable one for investors in many ways, including the spectacle of several high profile cases lurching through the Canadian regulatory system.
Businessman convicted in plot to kill IRS agent Friday, December 19, 2008 @ 4:04PMThe owner of a central Florida construction company has been convicted of trying to hire a hit man to kill an IRS agent.
More Energy and Environment Pages Thursday, December 18, 2008 @ 10:13PMThe global financial crisis has caused a massive slide in energy prices, down to $40-$50 a barrel of NYMEX light sweet crude from the July 2008 highs of $147. While oil prices, along with other commodities, are expected to continue their fall in the short term, over the medium to long term, economic recovery is likely to generate growth in demand, and oil prices are expected to recover as energy ...
RF Monolithics Reports First Quarter Financial Results Thursday, December 18, 2008 @ 9:00PM DALLAS----RF Monolithics, Inc. today reported sales for the first quarter ended November 30, 2008, of $11.4 million compared to sales of $15.8 million for the first quarter of the prior year.
Opinion: Commentary -- By Dani Rodrik: "Let developing nations rule" Thursday, December 18, 2008 @ 2:36AMCAMBRIDGE -- There is a silver lining for developing nations in the present crisis, for they will emerge with a much bigger say in the institutions that govern economic globalization. Once the dust settles, China, India, Brazil, South Korea, and a handful of other "emerging" nations will be able to exercise greater influence over the way multilateral economic institutions are run, and will be in ...
Venezuelan ‘currency tourists’ grab cheap dollars from neighbouring countries Wednesday, December 17, 2008 @ 9:46PMWILLEMSTAD, Curacao: Flights from Venezuela to nearby countries are packed with travelers clutching credit cards and looking to make fast bucks under rules leftist President Hugo Chavez introduced to prevent capital flight.
INVESTORSOFFSHORE.COM Wednesday, December 17, 2008 @ 2:58AMThe Netherlands Ministry of Finance has revealed that taxpayers who refused to disclose information regarding offshore accounts have recently been subject to judicial proceedings.
Venezuelan currency tourists make quick bucks Tuesday, December 16, 2008 @ 11:51PMAt a glance... Flights from Venezuela to nearby countries are packed with travellers clutching credit cards and looking to make fast bucks under rules leftist President Hugo Chavez introduced to prevent capital flight.
Offshore savers could face tax on income Thursday, December 11, 2008 @ 8:02AM AccountancyAge.com, Accountancy Age , Thursday 11 December 2008 at 07:36:00 Savers with offshore bank accounts could face tax on their income from tax havens Industry experts forecast account holders with savings in tax havens such as Guernsey and the Isle of Man could be forced to pay tax on their offshore income to fund...
Barclays to offshore jobs to India Thursday, December 11, 2008 @ 7:06AMThe bank said the redundancies were part of 1,100 job losses at Poole announced last year, alongside a decision to farm out some work overseas.
Barclays to offshore jobs to India Thursday, December 11, 2008 @ 5:29AMLONDON: Banking major Barclays has announced plans to offshore 66 jobs from its site in Poole, Dorset, to India, sparking protests by bank employees and worker unions.
Government prepares offshore bank account tax Wednesday, December 10, 2008 @ 10:26PMSavers with money in tax havens such as Guernsey and the Isle of Man could be forced to pay tax on their offshore bank accounts to fund a deposit protection scheme.
MPs says HMRC should use terror legislation on evaders Tuesday, December 9, 2008 @ 9:48AM parliamentary correspondent, Accountancy Age , Tuesday 9 December 2008 at 09:28:00 Commons committee says HMRC is not doing enough with information from the Serious Organised Crime Office MPs have urged HM Revenue & Customs to trap tax evaders by employing new powers intended for the fight against terrorists and money launderers....
IRS debates how to deal with offshore tax shelters Tuesday, December 9, 2008 @ 6:14AMThe IRS is debating how to settle tax disputes with scores of wealthy American clients who use offshore private banking services sold by UBS and other foreign banks, according to lawyers who represent those clients.
IRS reaches tax agreement with Liechtenstein Tuesday, December 9, 2008 @ 12:13AMThe IRS has signed an agreement with the government of Liechtenstein.
US, Liechtenstein sign a milestone bank data accord Monday, December 8, 2008 @ 9:34PMZURICH: Banking secrecy stronghold Liechtenstein signed a landmark deal with the US yesterday that paves the way for the exchange of bank data with Washington in certain cases of tax evasion.
U.S. Cracks Down on Tax Havens Monday, December 8, 2008 @ 6:02PMThe U.S. reportedly plans to sign an agreement with the government of Liechtenstein that will help put a stop to the use of the small European principality as a tax haven.
(AFX UK Focus) 2008-12-08 12:43 Liechtenstein signs milestone tax deal with U.S. Monday, December 8, 2008 @ 1:05PMBy Lisa Jucca
HARDEV KAUR: Bad news comes fast and employees are furious Thursday, December 4, 2008 @ 11:58PMA HUNDRED per cent of the global economic growth next year will come from developing countries. This, according to Stuart E. Eizenstat, former US deputy treasury secretary, is the first time in history that developing countries will shoulder the full responsibility of pulling the global economy.
Chesterton man sentenced to 17 years in prison for tax fraud Thursday, December 4, 2008 @ 9:44PMA Chesterton man has been sentenced to more than 17 years in federal prison in connection with a $60 million tax fraud conspiracy.
(AFX UK Focus) 2008-12-04 18:07 UPDATE 1-Nigerian cbank sells $180 mln, forex mkt still frozen Thursday, December 4, 2008 @ 6:35PMBy Oludare Mayowa
Trustnet News and Research / Research archive Thursday, December 4, 2008 @ 10:48AMRecent fluctuations in currency have had a significant effect on the performance of absolute return funds, and have raised questions for investors about which units of the same fund to be in - dollar, sterling or other.
Cops arrest two in Brisbane for piracy Thursday, December 4, 2008 @ 6:20AMTWO Brisbane men have been arrested over an illegal movie download site that distributed millions of films to punters all around the world.
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US govt widens USB probe to HSBC, Credit Suisse Wednesday, December 3, 2008 @ 7:40AMThe investigation into the two European banks extends the inquiry into the Swiss bank giant UBS over its sale of overseas banking services to wealthy Americans, allegedly helping clients hide up to $US20bn (£13.3bn) in secret offshore accounts, The New York Times reports.
US govt widens USB probe to HSBC, Credit Suisse Wednesday, December 3, 2008 @ 6:59AM AccountancyAge.com, Accountancy Age , Wednesday 3 December 2008 at 06:41:00 The US government has widened its probe into foreign bank activities from UBS to HSBC and Credit Suisse The US Justice Department has expanded its criminal investigation of foreign banks which sell offshore private banking services to include HSBC and Credit Suisse....
Production Enhancement Group Announces US$7.5 Million Accounts Receivable Facility to Be Used for Working Capital Monday, December 1, 2008 @ 7:43PM Production Enhancement Group, Inc. ("PEG" or the "Company") today announced that it has entered into a $7.5 million accounts receivable facility to be used for working capital and general business purposes with Amegy Bank National Association ("Amegy").
Dollar down on Euro CPI plunge Sunday, November 30, 2008 @ 8:48PMTHE dollar opened weaker as the biggest drop in European inflation on record boosted the US currency.
Alleged state-based scheme has international implications Sunday, November 30, 2008 @ 5:50PMLast week the Securities Department of the Montana State Auditor’s office filed an Amended Notice of Proposed Agency Disciplinary Action against Missoula businessman Shawn Swor and Hamilton businessman Dan Two Feathers.
The ins and outs of money-laundering Sunday, November 30, 2008 @ 4:25PMWHAT is money laundering all about? It was unheard of until comparatively recent times apart from the odd reference in an Al Capone movie.
UBS Finds Limited Tax Fraud Involving Wealthy Americans Friday, November 28, 2008 @ 4:12PMAn inquiry by the Swiss banking giant is looking at fraud cases involving American clients.
UBS finds some tax fraud by US clients Thursday, November 27, 2008 @ 8:53PMThe Swiss bank UBS AG has uncovered cases of tax fraud by some of its US clients, Chairman Peter Kurer said on Thursday.
UBS finds some tax fraud by US clients Thursday, November 27, 2008 @ 5:53PM The Swiss bank UBS AG has uncovered cases of tax fraud by some of its U.S. clients, Chairman Peter Kurer said Thursday. UBS examined its files as a result of investigations by the U.S.
UBS finds some tax fraud by US clients Thursday, November 27, 2008 @ 3:19PMThe Swiss bank UBS AG has uncovered cases of tax fraud by some of its U.S. clients, Chairman Peter Kurer said Thursday. UBS examined its files as a result of investigations by the U.S. Justice Department and others into cross-border services the bank provides...
UBS finds some tax fraud by US clients Thursday, November 27, 2008 @ 3:06PMBy ONNA CORAY The Swiss bank UBS AG has uncovered cases of tax fraud by some of its U.S. clients, Chairman Peter Kurer said Thursday. UBS examined its files as a result of investigations by the U.S. Justice Department and others into cross-border services the bank provides to American clients, Kurer told shareholders. "Our investigations have uncovered a limited number of cases of tax fraud ...
UBS probe finds a number of U.S. tax fraud cases Thursday, November 27, 2008 @ 12:42PMLUCERNE, Switzerland (Reuters) - Swiss bank UBS, at the center of a U.S. investigation into offshore services it provided to wealthy Americans, said on Thursday it had uncovered a "limited number" of tax fraud cases.