Investment Banker's $2.2M FBAR Bill Excessive, Court Told

By Theresa Schliep · July 18, 2022, 4:08 PM EDT

An Arizona investment banker's $2.2 million IRS bill for failing to properly disclose his Swiss bank accounts violates the U.S. Constitution's prohibition on excessive fines, he told a federal court, asking...

To view the full article, register now.

Documents

Case Information

Case Title

United States of America v. Quiel

Case Number

2:21-cv-00094

Court

Arizona

Nature of Suit

Forfeit/Penalty: Other

Date Filed

January 19, 2021