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U.S. Must Consider ‘Collateral Consequences’ When Investigating Banks, Says Former Federal Prosecutor
printIn his 12-year career as an Assistant U.S. Attorney in the Southern District of New York, Daniel W. Levy has investigated and prosecuted several banks, bankers, and financial services advisors that facilitated the evasion of U.S. taxes through the use of complicit offshore financial institutions. Levy led a number of prosecutions that involved illicit finance, including money laundering, securities fraud and bank fraud, as well as violations of the Foreign Corrupt Practices Act, among other crimes. More recently, Levy was co-lead counsel for the U.S. government's prosecution and ultimate conviction of the now-defunct Swiss private bank Wegelin & Co., which...
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