Bermuda Bank To Pay $5.6M For Hiding Accounts From IRS

By Theresa Schliep · August 3, 2021, 2:47 PM EDT

Bermuda-based Bank of N.T. Butterfield & Son will pay the U.S. around $5.6 million, including restitution to the Internal Revenue Service, for helping clients hide their foreign bank accounts from the...

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