Ex-Severstal Exec Hit With Tax Charges Over UBS Accounts

Law360, New York (March 24, 2014, 2:19 PM EDT) -- A former executive of Severstal Inc., a subsidiary of Russia's largest steel producer, has been indicted in Missouri federal court on charges he hid up to $7.5 million in UBS AG Swiss bank accounts in order to avoid U.S. taxes, federal prosecutors said Friday.

Victor Lipukhin, a Russian citizen and former U.S. permanent resident, was indicted by a federal grand jury Thursday for one count of attempting to interfere with the administration of the internal revenue laws and three counts of making and subscribing a false...
To view the full article, register now.




Case Information

Case Title

USA v. Lipukhin

Case Number



Missouri Western

Nature of Suit

Date Filed

March 20, 2014


Government Agencies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.