Ex-Drug Co. CEO's Actions Merit $1M FBAR Penalty, US Says

By David Hansen · April 29, 2019, 7:17 PM EDT

A pharmaceutical company's former chief executive officer acted recklessly when he failed to disclose a foreign bank account worth $2 million, warranting a stiffer penalty of almost $1 million, the U.S....

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Case Information

Case Title

BEDROSIAN v. THE UNITED STATES OF AMERICA, DEPARTMENT OF THE TREASURY, INTERNAL REVENUE SERVICE

Case Number

2:15-cv-05853

Court

Pennsylvania Eastern

Nature of Suit

Tax Suits: Taxes

Date Filed

October 27, 2015