United States of America v. Gentges

  1. October 15, 2021

    Man Owes $1.2M FBAR Penalty For Not Reporting 2 Accounts

    A man will pay more than $1 million for failing to report two Swiss bank accounts he maintained in the 2000s, a New York federal court has ordered.

  2. April 02, 2021

    Court Orders Higher FBAR Penalty Over Reckless Behavior

    A man who failed to review his returns before signing them acted recklessly and thus must pay the higher penalty for willfully failing to report foreign bank accounts, which is nearly $700,000, a New York federal court ruled.