Massachusetts Man Pleads Guilty In Manhattan Federal Court For Failing To Report Over $5 Million Hidden In Swiss Bank Accounts To The IRS
JACQUES WAJSFELNER pled guilty today in Manhattan federal court to willfully failing to file Reports of Foreign Bank and Financial Accounts (“FBARs”) with the IRS for Swiss bank accounts that he maintained and controlled. WAJSFELNER used the services of Beda Singenberger, a Swiss financial adviser, who was charged in July 2011 for allegedly helping U.S. taxpayers hide more than $184 million at various Swiss banks.