Financial Transparency Coalition

WASHINGTON – A federal court has permanently barred a Ft. Lauderdale, Fla.,-area woman and her company from preparing federal income tax returns for others, the Justice Department announced today. According to the government complaint in the case, Carole Exantus of Plantation, Fla., operated a company called J’s Corporation in Miami. The court found that J’s Corporation repeatedly prepared federal income tax returns claiming false tax credits and deductions that it knew would result in understating customers’ tax liabilities. Exantus agreed to the permanent injunction order without admitting wrongdoing.

Two more Swiss banks have decided to scale down their services to United States-based clients in light of an ongoing tax evasion case that threatens banking secrecy.

The US Federal Bureau of Investigation has released its roundup of the top ten stories of the week. Money-laundering, fraud, and bribery cases came in at numbers 5, 7, and 8. From the FBI:

5. Buffalo: Two People Charged in United Nations Fraud Case

A 14-count Indictment was unsealed charging Deborah Bowers and Steve Jabar with wire fraud, money laundering and making false statements in connection with a scheme to defraud the United Nations Development Fund for Women of tens of thousands of dollars. Full Story

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The government has filed an action in Miami federal court to shut down a Hialeah tax preparer.