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The UBS First Wives Club

August 24, 2009

Some of the 4,500 Swiss bank depositors who will be unmasked by last week's UBS settlement will soon have to contend with an absolutely ruthless, implacable and vengeful foe.

And they also have to face the IRS:

Ex-wives, creditors and former business partners are also salivating over the idea that a settlement between the U.S., the Swiss government and a Swiss bank may lead to the public disclosure of as many as 4,450 U.S. individuals that used the foreign bank accounts to hide money. Prominent New York City divorce lawyer Raoul Lionel Felder says he is already getting calls from clients who want to know what they can do to get their portion of the money they always suspected their ex–loved one had tucked away overseas.

"You see allegations of Swiss bank accounts in divorce proceedings all the time," says Felder, whose clients have included Rudy Giuliani, Robin Givens and the former Mrs. Martin Scorsese. "A lot of divorces are going to get opened up."

Some First Husbands will no doubt be seeking an offshore amnesty from their exes. Good luck with that. Meanwhile, some First Wives will no doubt be disappointed that their starter husband failed to make the list. Better luck next time.

UPDATE: More from the Tax Policy Blog.

Tags: FBAR.tax crime.

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Comments

SWISS BANKS MUST BE UNDER INTERNATIONAL SUPERVISION VIA U.N
or
THE INTERNATIONAL BANK

it is not the case of ex- wives but we need to save USA from similar Soviet Union’s fate

SWITZERLAND MUST BE ON THE TERRORIST LIST

I BELEIVE THAT SWITZERLAND PRACTICE TERRORIST ACTION AGAINST USA, BECAUSE THE SWISS PIRATE DID INFILTRATE INSIDE USA SECURITY, THE FINANCIAL SYSTEM IS THE MOST SECURITY SYSTEM FOR ANY COUNTRY.

THE SWISS PIRATE BEHIND USA ECONOMY COLLAPSE, THE SWISS PIRATE TOOK OUR MONEY FROM OUR BANKS AND FORBIDEN OUR GOVERNMENT FROM THE TAX, SO NO ENOUPH MONEY TO PROCEED AND MAINTAIN MANY OPERATIONS FOR OUR COUNTRY.

THIS SWISS TERRORIST ACTION REMIND ME BY THE SOVIET UNION, IS SWITZERLAND WANT TO BREAK USA ALSO?

SWTIZERLAND IS NOW WITHOUT MASK, LOOK AND LOOK TO THE UGLY FACE, THIS FACE STEAL US AND NOT WANT TO STOP, AND THEY CAN NOT STOP ? WHY BECAUSE THAT IS THE SWISS NATURE, THEY BUILT THRIE COUNTRY FROM THE MONEY’S WORLD ,

THE ABSENCE OF RELIGIOUS ETHICS IN SWITZERLAND

SWITZERLAND, THE DANGEROUS ENEMY TO ISLAM & USA Economy
Swiss policy will force the Islamic world to withdraw
his money from the Swiss banks

SWITZERLAND HAS ARRESTED SENIOR POLICE COLONEL, PhD IN CRIMINAL LAW( Mohamed EL Ghanam), WHO REFUSED TO SPY ON THE ISLAMIC & ARABIC COMMUNITY in Geneva.

I HOPE THE INTERNATIONAL COMMUNITY CAN FACE THIS SWISS PIRATE and put the swiss banks under U.N.supervision or under the Iternational bank supervision.

Posted by: DR.ELGHANNAM | August 24, 2009 11:03 AM