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Keyword: olenicoff

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  • Two Charged in Tax Case Tied to UBS, Billionaire (Igor Olenicoff)

    05/14/2008 12:28:37 PM PDT · by khnyny · 8 replies · 570+ views
    The Wall Street Journal ^ | May 14, 2008 | CARRICK MOLLENKAMP, GLENN R. SIMPSON and ALEX FRANGOS
    As part of a widening probe, the U.S. has charged a former UBS AG banker and a Liechtenstein consultant with helping clients avoid taxes by opening secret bank accounts, destroying documents, using Swiss credit cards and filing false tax returns. One client was billionaire California real-estate developer Igor Olenicoff. Mr. Olenicoff set up a web of secret bank accounts in Switzerland and Liechtenstein to avoid taxes on $200 million in assets, a person familiar with the U.S. case said. Mr. Olenicoff has been cooperating with investigators in the wake of his December guilty plea to a criminal count of filing...