We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Calif. UBS Client Sentenced In Tax Evasion Case

Law360 (March 14, 2011, 8:20 PM EDT) -- A San Diego consultant is facing three years' probation and $96,000 in fines after pleading guilty to dodging taxes by covering up UBS AG accounts in Switzerland and the Bahamas.

Judge Michael M. Anello of the U.S. District Court for the Southern District of California ordered Jeffrey Chatfield to pay the fine to the Internal Revenue Service for his failure to file Reports of Foreign Bank and Financial Accounts, or FBARs, according to a U.S. Department of Justice statement issued Monday.

"My client felt that the...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.