You turn to us for voices you won't hear anywhere else.

Sign up for Democracy Now!'s Daily Digest to get our latest headlines and stories delivered to your inbox every day.

Tax Fraud and Evasion Probe Launched Against Euro Pacific Bank

HeadlineOct 20, 2020

The New York Times has revealed officials in the United States and four other nations have launched a massive tax fraud probe targeting a Puerto Rican-based bank owned by the prominent libertarian investor Peter Schiff. Hundreds of clients of Euro Pacific Bank are also being probed for tax evasion. The bank is one of many boutique banks set up in Puerto Rico, which has become a popular tax haven for wealthy investors.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top