Woman Says Justices' Ruling Cuts Her $4.5M FBAR Penalty

By David Hansen · March 27, 2023, 7:32 PM EDT

A woman given a $4.5 million penalty for willfully failing to report a foreign bank account told a New York federal court that a recent ruling by the U.S. Supreme Court...

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Case Information

Case Title

United States of America v. Katholos

Case Number

1:17-cv-00531

Court

New York Western

Nature of Suit

Forfeit/Penalty: Other

Date Filed

June 13, 2017