Special Report: Nevada’s Big Bet on Secrecy
September 26, 2011Consultants—including some with criminal pasts—are selling the gambling center as a haven from taxes and legal liability.

Consultants—including some with criminal pasts—are selling the gambling center as a haven from taxes and legal liability.
NEW YORK – A spate of spectacular collapses of Chinese stocks listed on American exchanges has cost U.S. investors billions of dollars. The fiasco has sparked multiple investigations. Accusations are swirling in Washington and Beijing.
WASHINGTON – A recent spate of legal cases offers a preview of how anticorruption officials could pursue ill-gotten assets of toppled leaders in places like Egypt and Tunisia: Increasingly, prosecutors are going after not only corrupt politicians, but the lawyers and other professionals who may have helped them move cash.
WASHINGTON – US banks uncovered billions of dollars that they were indirectly holding for Libya when Washington decided to freeze assets linked to the regime, according to US officials.
Playboy bunnies. $2 million Bugattis. Bags full of cash. Meet the world’s richest minister of agriculture and forestry.
WASHINGTON—In a move that could anger a vital ally in the war in Afghanistan, the Pentagon on Wednesday awarded a major jet fuel contract to Mina Corp., a secretive company that has declined to reveal its ownership but has nonetheless become a trusted partner with the U.S. military.
WASHINGTON, DC — A new federal rule will allow NOAA’s assistant administrator for fisheries to deny a vessel entry into a U.S. port or access to port services if that vessel has been listed for engaging in illegal, unreported and unregulated (IUU) fishing by one of the world’s international fishery management organizations. The rule takes effect on Oct. 27, 2010.
Bloomberg–The German government may be about to step up its pursuit of tax evaders amid reports that a new CD containing stolen bank data has been offered for sale to state authorities.
WASHINGTON (Reuters) – A U.S. grand jury indicted on Thursday a Swiss lawyer accused of aiding a man identified as having an account at London-based HSBC Holdings Plc (HSBA.L) evade taxes, the latest in a widening probe into foreign banks that might have helped U.S. clients avoid paying tax.
ZURICH (Reuters)- After the collapse of Lehman Brothers in September 2008, Switzerland’s largest bank was teetering. UBS, which was more than three times bigger than Lehman in terms of assets, had to write down some $50 billion during that tumultuous period.
WASHINGTON (Reuters) – A proposal to stop rich Americans from stashing assets offshore to evade taxes, by slapping penalties on individuals and foreign financial institutions, was introduced on Tuesday in the U.S. Congress.
PARIS (Reuters) – France wants its banks to provide more details on the identity of people transferring money to tax havens and wants a new legal framework to be finalised by the end of September, the budget ministry said on Tuesday.