Ex-HSBC Whistleblower Released From Custody as EU Campaigns for Stronger Whistleblower Protections
Posted 04/9/18
By the C|C Whistleblower Lawyer Team
Law360 reports on a former HSBC employee wanted by Switzerland for allegedly leaking information about important clients to tax authorities who was released from custody in Spain. Herve Falciani was arrested last week by Spanish police on an international arrest warrant. Falciani had been sentenced to five years in prison by a Swiss court who tried him in absentia for industrial...
By the C|C Whistleblower Lawyer Team
New York Attorney General Eric Schneiderman announced the guilty plea of Christopher Klee and his business, CKP Holdings, for failing to file numerous sales tax returns and remit over $175,000 in sales tax that was collected at two Sonora’s Mexican Restaurant locations. Klee will be required to pay over $350,000 to the Department of Taxation and Finance for unpaid sales tax,...
This “Whistleblower Spotlight” features the Paradise Papers leaker(s), an unnamed whistleblower (or whistleblowers) responsible for shining a light on the widespread use of illicit offshore tax havens. The November 2017 exposé revealed where government officials, royalty, entertainers, and powerful corporations store their cash to avoid taxes. The details are in 13.4 million documents, such as emails and...
By the C|C Whistleblower Lawyer Team
The European Parliament voted overwhelmingly to adopt over 200 non-binding recommendations proposed by an investigative committee formed in the wake of the explosive Panama Papers leak. The recommendations include new regulations targeting tax avoidance, such as regulating tax intermediaries and expanding protections for tax whistleblowers. The committee also recommended...
By the C|C Whistleblower Lawyer Team
The “
By the C|C Whistleblower Lawyer Team
New York Attorney General Eric Schneiderman’s office announced “Express Hospitality Group” has agreed to pay $13 million to settle claims initially brought by a whistleblower under New York State’s False Claims Act. Schneiderman also announced the conviction of Yankee Clipper Food Services on felony charges for avoiding New York taxes between 2011 and 2015.
“For...
This week, a judge sentenced two biodiesel executives to several years in prison for defrauding the federal government’s renewable fuel support and tax credit programs. Fred Witmer and Gary Jury are the co-owners of Indiana-based Triton Energy LLC, a company that purported to produce and sell biofuel for use in transportation. Instead, the two men used Triton to orchestrate a scheme to fraudulently produce...
By the C|C Whistleblower Lawyer Team
The largest tax fraud case in Australian history—which has already resulted in the 
By the C|C Whistleblower Lawyer Team
Spain's High Court is to question seven former executives from HSBC's Swiss private bank as part of an investigation into alleged money laundering and tax fraud triggered by tax information leaks from former employee turned whistleblower Herve Falciani.
The court said in a ruling that it had decided to widen the investigation to study the flow of funds from HSBC's Swiss...
By the C|C Whistleblower Lawyer Team
NY Attorney General Eric T. Schneiderman announced a $40 million settlement with Alabama-based Harbert Management Corporation, fund sponsor for Harbinger Capital Partners, a $26 billion hedge fund in NYC, for violations of the tax provisions of the New York False Claims Act. The settlement resolves whistleblower allegations that members of Harbinger’s investment manager failed...