s'cuse me faggot but would you mind shutting the fuck up? thanks
California Resident Pleads Guilty to Filing False Tax Returns Which Failed to Report Secret German and Israeli Accounts
A Beverly Hills, California, resident pleaded guilty today to filing false tax returns which did not report his offshore accounts in Germany and Israel and did not report the income earned on those accounts, announced Principal Deputy Assistant Attorney General Richard E. Zuckerman and U.S. Attorney Nicholas T. Hanna of the Central District of California.
According to the plea agreement and related court documents, Teymour Khoubian pleaded guilty to filing false tax returns for tax years 2009 and 2010 that failed to report foreign financial accounts in Germany and Israel, and failed to report income earned on those accounts. Between 2005 and 2012, Khoubian jointly owned multiple accounts at Bank Leumi in Israel with his mother that held between $15 million and $20 million. Additionally, since at least 2005, Khoubian also owned a foreign account at Commerzbank AG in Germany. Despite his ownership interest in these accounts and a legal requirement to declare all offshore accounts containing $10,000 or more, Khoubian prepared false tax returns for tax years 2005 through 2011 that did not fully disclose his foreign accounts, nor report all the interest income earned on those accounts. For instance, Khoubian’s Bank Leumi accounts generated interest income in excess of $4 million between 2005 and 2010, none of which was reported to the Internal Revenue Service (IRS). The total tax loss associated with the Bank Leumi accounts is approximately $ 1.2 million.
At least since 2009, Khoubian was aware of the IRS’s Offshore Voluntary Disclosure Program (the OVDP). The OVDP allowed U.S. taxpayers to voluntarily disclose their previously unreported foreign accounts and pay a reduced penalty to resolve their civil liability for not declaring foreign accounts to U.S. authorities. During 2011 and 2012, Bank Leumi requested that Khoubian sign a Form W-9 for U.S. tax reporting purposes. In an August 13, 2012, recorded telephone conversation with a banker at Bank Leumi, Khoubian stated that the reason he did not want to sign a Form W-9, was "because you have to pay half of it."
In 2012 and 2014, Khoubian knowingly made multiple false statements to IRS special agents investigating his foreign accounts, including falsely stating that the Bank Leumi accounts were not in his name, that he did not own a bank account in Germany from 2005 to 2010, that he closed his German bank account and moved all of that money to the United States, and that none of the money in his German bank account was moved to Israel.
As part of the plea agreement, Khoubian agreed to the entry of a civil judgment against him for an FBAR penalty in the amount of $7,686,004. Khoubian further agreed to pay an additional $612,310 in restitution to the IRS.
Khoubian faces a maximum of three years in prison for each of the tax counts to which he pleaded guilty, as well as monetary penalties and a period of supervised release.
This case is being prosecuted by Trial Attorneys Christopher S. Strauss and Ellen M. Quattrucci of the Justice Department’s Tax Division, with the assistance of Assistant United States Attorney Robert Conte of the U.S. Attorney’s Office for the Central District of California, and was investigated by the Internal Revenue Service-Criminal Investigation.
https://www.justice.gov/opa/pr/california-resident-pleads-guilty-filing-false-tax-returns-which-failed-report-secret-german
November 6th, 2018
Loop Capital is excited to announce it was chosen by Freddie Mac to be a lead manager on the GSE's inaugural SOFR (Secured Overnight Financing Rate) Floating Rate Note transaction, announced and priced on November 6, 2018. The single tranche deal is only the third announced GSE deal in the relatively new SOFR index, and the first to include a diverse-owned firm in a lead underwriting role. Loop was joint book-runner with Barclays and Nomura. The $1bn deal, settling on November 8, 2018 and maturing in 6 months on May 8, 2019 was extremely well received and oversubscribed.
As an active participant in Freddie Mac's global debt distribution group, Loop has partnered with Freddie Mac in many capacities across multiple product lines, including daily interaction through Freddie Mac's discount note window, underwriter of callable debt, and frequent co-manager roles in global Reference Note deals. As a diverse-owned member of Freddie Mac's distribution group, Loop Capital has served in a co-manager role on Freddie Mac's K-Deals and STACR credit risk transfer debt program.
Loop Capital's inclusion as a lead manager on the SOFR Floating Rate deal demonstrates the firm's capabilities as a full service financial provider to institutional entities across the globe and Freddie Mac's ongoing commitment to diversity firms in its debt underwriting programs.
https://www.loopcapital.com/loop-capital-markets-serves-as-lead-manager-inaugural-freddie-mac-sofr-floating-rate-note-0
they are owned by the same faggots, faggot
we know bruh
we fight for the side of good and the light of truth
thats why we win and finish this shit