February 2017 JD Supra

Due to the Foreign Account Tax Compliance Act (FATCA) and the work of IRS special agents, international tax transparency is here. There is virtually nowhere to hide.  On 1/18/17, the Department of Justice (DOJ) reported that three residents of Orange County, California pleaded guilty to hiding millions of dollars in “secret” foreign bank accounts ……

http://www.jdsupra.com/legalnews/irs-criminal-investigation-unit-irs-ci-98510/