Manafort Is Not Only One Charged With Failing to File an FBAR. Los Angeles Man Pleads Guilty to Not Reporting over $1 Million Held in Israeli Offshore Accounts.

The Justice Department just publicized this plea relating to FBAR at the same time that Paul Manafort has a jury deciding whether or not he willfully failed to file an FBAR. This may satisfy some pundits who claim that no one is ever prosecuted for failing to file an FBAR. This recent case relates to a bank with U.S. branches that had already signed a deferred prosecution agreement. The bank had likely been cooperating to reveal U.S. customers with foreign accounts.On August 20, 2018, Ben Zion Birman pleaded guilty in U.S. District Court in Los Angeles to willfully failing to file a Report of Foreign Bank and Financial Accounts (FBAR), which would have disclosed his foreign bank accounts.According to court documents, Mr. Birman held offshore accounts in Israel at Bank Leumi Le-Israel B.M. ("Leumi") from 2006 to 2011. Mr. Birman indicated in his plea that he willfully failed to file with the Department of Treasury an FBAR for calendar year 2010, despite having…

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