Jury Clears Financial Adviser Of $2.2M In FBAR Penalties

By David Hansen · January 17, 2024, 5:51 PM EST

A financial adviser didn't have authority over several foreign accounts that he was accused of failing to report to the Internal Revenue Service, which wrongly assessed him $2.2 million in penalties,...

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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