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US tax preparers arrested for alleged tax fraud involving IBCs in Cayman and Belize and ‘secret accounts’ in Switzerland and Luxembourg

Three tax preparers in the United States have been arrested after being accused of conspiring to help clients commit tax fraud using offshore corporations – including those in Belize and the Cayman Islands – and ‘secret accounts’ at the Luxembourg and Swiss branches of Israeli banks Bank Leumi and Bank Hapoalim.