Court Orders Higher FBAR Penalty Over Reckless Behavior

By David Hansen · April 2, 2021, 7:14 PM EDT

A man who failed to review his returns before signing them acted recklessly and thus must pay the higher penalty for willfully failing to report foreign bank accounts, which is nearly...

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Case Information

Case Title

United States of America v. Gentges

Case Number

7:18-cv-07910

Court

New York Southern

Nature of Suit

Forfeit/Penalty: Other

Date Filed

August 29, 2018