Ex-UBS Exec Calls $4.7M In FBAR Penalties Unconstitutional

By Dylan Moroses · August 6, 2024, 3:00 PM EDT

A former executive for Swiss bank UBS' North American group told a Connecticut federal court the $4.7 million in penalties he faces for willful failure to report his foreign bank accounts...

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Case Information

Case Title

USA v. Rohrbasser

Case Number

3:24-cv-00959

Court

Connecticut

Nature of Suit

Forfeit/Penalty: Other

Date Filed

May 30, 2024