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Forbes: How A $200k UBS Account Grew Into a $21m Penalty

Paul Caron
,

Forbes, How A $200,000 UBS Account Grew Into A $21 Million Penalty, by Janet Novack:

Another former holder of a secret UBS AG account got off with probation Tuesday, when federal sentencing guidelines suggested a sentence of six months to a year. But it’s hard to argue that 84-year-old Jules Robbins, a World War II vet who settled in Long Island and built a nice business (Webster Watch) importing and selling watches to the likes of Kmart and Family Dollar Stores, got off cheaply.

About the Author

Paul Caron Avatar
Paul Caron
Paul Caron was named Duane and Kelly Roberts Dean of Pepperdine University School of Law on June 1, 2017. Dean Caron joined the Pepperdine faculty in 2013 after serving as the Dorothy and Leonard Straus Distinguished Visiting Professor of Law in the spring semesters of 2010 through 2013. He served as Associate Dean for Research and Faculty Development at Pepperdine in 2015-2017. Before coming to Pepperdine, he was Associate Dean of Faculty and Charles Hartsock Professor of Law at the University of Cincinnati College of Law.
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3 responses to “Forbes: How A $200k UBS Account Grew Into a $21m Penalty”

  1. Roth & Company, P.C. Avatar
    Roth & Company, P.C.

    $200,000 unreported Swiss account, $21 million penalty

    Janet Novack has the scoop (via the TaxProf). This tells you that you should make sure to file your FBAR…

  2. Roth & Company, P.C. Avatar
    Roth & Company, P.C.

    $200,000 unreported Swiss account, $21 million penalty

    Janet Novack has the scoop (via the TaxProf). This tells you that you should make sure to file your FBAR…

  3. Roth & Company, P.C. Avatar
    Roth & Company, P.C.

    $200,000 unreported Swiss account, $21 million penalty

    Janet Novack has the scoop (via the TaxProf). This tells you that you should make sure to file your FBAR…

  4. Roth & Company, P.C. Avatar
    Roth & Company, P.C.

    $200,000 unreported Swiss account, $21 million penalty

    Janet Novack has the scoop (via the TaxProf). This tells you that you should make sure to file your FBAR…

  5. Roth & Company, P.C. Avatar
    Roth & Company, P.C.

    $200,000 unreported Swiss account, $21 million penalty

    Janet Novack has the scoop (via the TaxProf). This tells you that you should make sure to file your FBAR…

  6. Roth & Company, P.C. Avatar
    Roth & Company, P.C.

    $200,000 unreported Swiss account, $21 million penalty

    Janet Novack has the scoop (via the TaxProf). This tells you that you should make sure to file your FBAR…

  7. Roth & Company, P.C. Avatar
    Roth & Company, P.C.

    $200,000 unreported Swiss account, $21 million penalty

    Janet Novack has the scoop (via the TaxProf). This tells you that you should make sure to file your FBAR…

  8. Roth & Company, P.C. Avatar
    Roth & Company, P.C.

    $200,000 unreported Swiss account, $21 million penalty

    Janet Novack has the scoop (via the TaxProf). This tells you that you should make sure to file your FBAR…

  9. Roth & Company, P.C. Avatar
    Roth & Company, P.C.

    $200,000 unreported Swiss account, $21 million penalty

    Janet Novack has the scoop (via the TaxProf). This tells you that you should make sure to file your FBAR…