Financial Times FT.com

Art collector is charged in record offshore tax fraud case

By Stephanie Kirchgaessner in Washington

Published: February 28 2005 21:45 | Last updated: February 28 2005 21:45

An American businessman alleged to have hidden nearly half a billion dollars in earnings in offshore accounts has been arrested by US authorities and charged with tax evasion, obstructing the Internal Revenue Service and fraud.

It is the biggest criminal tax fraud prosecution in US history.

IRS investigates hedge fund

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this