$1M FBAR Penalty Without Jury Unconstitutional, Judge Says

By Anna Scott Farrell · September 19, 2025, 5:33 PM EDT

A woman who faced more than $1 million in civil penalties for failing to report offshore bank accounts to the IRS is off the hook, as a Texas federal court ruled...

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Documents

Case Information

Case Title

United States of America v. Sagoo

Case Number

4:24-cv-01159

Court

Texas Northern

Nature of Suit

Forfeiture/Penalty: Other

Date Filed

November 27, 2024