HSBC Client Admits To Hiding Bank Accounts From US

Law360, New York (April 11, 2011, 6:13 PM EDT) -- A New Jersey man pled guilty Monday to conspiring with several HSBC bankers to hide money in India from the Internal Revenue Service, days after government investigators launched a probe into the bank's role in tax evasion.

Vaibhav Dahake, of Somerset, N.J., pled guilty in the U.S. District Court for the District of New Jersey to one count of conspiracy to defraud the U.S. by working with five HSBC bankers — three in the U.S., and two at HSBC India — to conceal money in offshore...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

United States of America v. Does


Case Number

4:11-cv-01686

Court

California Northern

Nature of Suit

Tax Suits: IRS-Third Party

Judge

Phyllis J. Hamilton

Date Filed

April 7, 2011

Law Firms

Companies

Government Agencies

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.