OffshoreAlert
Daily news, documents and intelligence about Offshore Financial Centers and those who conduct business in them that you will not find anywhere else.

US court approves application to serve summonses on VISA International for tax evasion investigation

March 31, 2002 by David Marchant

EMAIL ALERTS  

Get Free Alerts by Topic

NOT YET RATED  

246810

A California court has approved a request by the Internal Revenue Service for leave to file "John Doe" summonses on VISA International as part of an investigation into tax evasion using offshore credit cards.

The order, issued on March 28, 2002, allows the IRS to examine the records of VISA credit or debit cards issued "by, through, or on behalf of banks or other financial institutions" in 31 offshore jurisdictions.

Please Subscribe to read this article or Sign In

Financial Intelligence

For Less Than $3 per Day

$90

per Month.

Unlimited
Access

NO CONTRACT. CANCEL ANYTIME

Subscribe to OffshoreAlert

Investigative Financial News

Launched in 1997, OffshoreAlert hunts for red flags in high-value, cross-border finance by monitoring offshore and onshore courts, regulatory actions, offering documents, and other sources. Subscribers have 24/7 access to our database of articles and documents.

  • Breaking News Affecting Your Industry
  • Information Not Available Anywhere Else
  • Searchable Database of Articles & Documents
  • Find Out Who's Insolvent, Been Sued or Indicted
  • Daily Monitoring of Red Flags (Globally*)

NOT YET RATED  

246810

OffshoreAlert encourages lively, open debate and asks that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.


POST A COMMENT

Greenberg & Co BVI Meta Data Ad

We hunt for red flags in high-value, cross-border finance by monitoring offshore and onshore courts, regulatory actions, offering documents, and other sources - and email you the results.

View Recent Digests

Cayman Court Secrecy: A Huge Red Flag for Foreign Investors & Clients
David Marchant
As any fule kno, the biggest enemy of fraud, corruption, money laundering, and other forms of financial crime is transparency, while their best friend is secrecy. That's why the unprecedented mass sealing of cases that's taking place at the Financial Services Division of the Grand Court of the Cayman Islands is repugnant to anyone with a genuine concern for financial crime.