Tax Evasion

The owner of Single Shot in Capitol Hill withheld nearly $1.5M from the IRS between 2014 and 2024, a lawsuit claims.

A Nigerian court adjourned a tax evasion lawsuit against cryptocurrency exchange Binance. The adjournment followed the prosecution's statement that the parties were still exploring reconciliation options.

The court adjourned a tax evasion lawsuit against Binance after the prosecution indicated the parties are exploring reconciliation. The case remains pending further developments.

The Reserve Bank of India continues to support a ban on cryptocurrencies to prevent tax evasion, according to a Reuters report.

The U.S. Treasury imposed sanctions on individuals and companies linked to the Jalisco New Generation Cartel for a fuel theft and tax evasion scheme generating millions annually. Treasury also issued an alert to financial institutions about red flags for fuel smuggling from the U.S. into Mexico, as the cartel expands beyond drug trafficking.

Bank of China evaded 2.37 billion yuan (US$348 million) in taxes by misusing preferential treatment for publicly offered mutual funds between April 2023 and August 2025, according to a National Audit Office report. The audit found the bank used disguised mutual fund structures to avoid paying taxes, as Beijing intensifies financial compliance efforts.

Comedian Carlos Mencia was arraigned on tax evasion charges for failing to report $8.7 million in income over six years. His lawyer described the issue as a mistake and expects a guilty plea, while prosecutors argued for a no-bail hold. A judge reduced Mencia's bail to $50,000 after agreeing the bond funds would not come from illegal sources.

The Liberia Revenue Authority (LRA) and Sierra Leone's National Revenue Authority (NRA) signed a Memorandum of Understanding (MoU) to strengthen cross-border tax compliance, enhance information sharing, and combat tax evasion between the two countries.

Governor Arlekar delivered his first address to the Tamil Nadu Assembly following the formation of the TVK-led coalition government under Chief Minister C. Joseph Vijay. He emphasized that illicit mining and tax evasion will be addressed with strict measures.

Milei’s top aide admitted hiding $500,000 from the Argentine tax agency. The President’s spokesperson stated that many Argentines keep savings 'off books' similarly.

Robert Venables, a top barrister, is accused of setting up trusts and a partnership structure to evade £2 million in taxes, according to court proceedings. The prosecution claims he avoided HMRC obligations through these arrangements.

Seven individuals and two companies are charged with offences including manslaughter and tax evasion following a fire in Hong Kong that killed 168 people. The blaze occurred at Wang Fuk.

Seven individuals and two companies have been charged with 25 offenses, including manslaughter and conspiracy to defraud, in connection with Hong Kong's deadliest recent fire at Wang Fuk Court. The charges were brought by police and the Independent Commission Against Corruption (ICAC).

Jason Noah Feinman was sentenced to 27 months in prison for operating an illegal offshore gambling business, money laundering, and evading taxes on over $4 million, as reported by the U.S. Justice Department.

The FBI raided a $35 million Southern California mansion owned by a tech boss charged with violating US sanctions by sending secret shipments to Iranian military and nuclear programs. Federal authorities are also investigating the individual for money laundering, tax evasion, and other crimes.

A woman from New Orleans has been charged with $1.3 million in COVID fraud and tax evasion. The charges relate to fraudulent activities during the pandemic and unreported taxes.

A couple in their 60s fraudulently claimed benefits and evaded taxes to amass £630,000 while constructing a 'Monopoly-style' property portfolio. The scheme involved exploiting financial systems to build significant real estate assets.

Italian authorities discovered a tax evasion scheme where an individual used Bitcoin Ordinals and BRC-20 tokens to hide approximately $1.1 million in assets. Chainalysis reports that tax evaders are increasingly turning to novel digital assets to conceal income from authorities. This represents a growing concern for law enforcement agencies monitoring cryptocurrency-based financial crimes.

South Korea's tax authority is developing a crypto transaction tracking software to identify potential tax evaders by monitoring cryptocurrency transactions. The initiative aims to enhance tax compliance through advanced digital tracing tools.

Elizabeth Gutfahr, former Santa Cruz County Treasurer from 2012 to 2024, pleaded guilty to embezzling over $38 million in county funds, along with charges of money laundering and tax evasion. The case represents a significant breach of public trust by an elected official responsible for managing county finances.