United States of America v. Gaynor

  1. February 14, 2024

    Jury Wipes Away Texaco Heiress' $21M FBAR Penalties

    A Florida federal jury found Wednesday that the U.S. government hadn't proved a Texaco heiress willfully failed to report foreign bank account information on time, eliminating the almost $21 million in penalties assessed against her estate, according to a court filing.

  2. September 06, 2023

    $20.9M FBAR Penalties Don't End With Texaco Heiress' Death

    A Florida federal court refused Wednesday to dismiss more than $20.9 million in offshore account penalties against the estate of a Texaco heiress, rejecting arguments that the penalties were penal and terminated with her death.

  3. November 04, 2022

    No Trial Needed For Most Of $21M FBAR Case, Gov't Says

    The U.S. government urged a Florida federal court to reject arguments from a Texaco heiress' estate that's fighting more than $20.9 million in offshore account penalties, contending that the only dispute for a jury is whether her conduct was willful.

  4. July 25, 2022

    Judge Clears Way For Settlement Talks In $20.9M FBAR Case

    U.S. government counsel got the green light from a Florida federal court Monday to negotiate and recommend a settlement in a case seeking more than $20.9 million in foreign bank account penalties and interest from a Texaco heiress' estate.

  5. September 10, 2021

    US Can't Be Countersued In Estate's FBAR Case, Court Told

    A Texaco heiress's estate can't bring a counterclaim against the U.S. government saying it violated administrative procedure law, because it is shielded against such a lawsuit, the government told a Florida federal court Friday.

  6. July 12, 2021

    Heiress' Estate Doesn't Owe $18.4M FBAR Penalty, Court Told

    A roughly $18.4 million foreign bank account reporting penalty assessed by the IRS against a Texaco heiress is excessive and should have been abated when she died, her estate told a Texas federal court Monday.

  7. May 17, 2021

    US Seeks $18.4M FBAR Penalty From Texaco Heiress' Estate

    The estate of a Texaco heiress owes roughly $18.4 million in penalties for her intentional failure to timely report her overseas bank accounts to the Internal Revenue Service, the U.S. government told a Florida federal court.