John McDougal: Busting Offshore Accounts for the IRS

June 29th, 2009

Washington Post

Tax cheats have brazenly hidden billions of dollars in offshore bank accounts for decades, but this ruse has become harder to pull off thanks to John McDougal, a special trial attorney at the Internal Revenue Service (IRS).

McDougal and his IRS team have recovered tens of millions of dollars for the government in recent years, breaking down a veil of secrecy that has long cloaked the identities of offshore account holders. Offshore tax evasion, a 2008 Senate report said, costs the U.S. Treasury $100 billion per year.

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