Tax Evader Admits To Charges Filed After $780M UBS Deal

Law360, New York (January 8, 2013, 6:26 PM EST) -- A former UBS account holder whose name the bank disclosed to U.S. authorities as part of a $780 million tax evasion settlement pled guilty to federal tax perjury Tuesday in Florida federal court, agreeing to pay $21 million in penalties.

Mary Estelle Curran of Palm Beach, Fla., copped to a two-count criminal information accusing her of hiding more than $42 million in undeclared foreign financial accounts from the Internal Revenue Service.

Curran’s attorney Nathan J. Hochman of Bingham McCutchen LLP told Law360 on Tuesday that UBS...
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