Seattle Times – Federal prosecutors are expected to unseal indictments Thursday in a massive tax-evasion investigation involving the Seattle investment firm Quellos Group, accusing its officers of operating offshore tax shelters used to hide hundreds of millions of dollars from the government, according to lawyers familiar with the case.

Quellos has been under investigation for at least two years and in 2006 earned its own chapter in a report titled "Tax Haven Abuses: The Enablers, the Tools and the Secrecy" published by the U.S. Senate Permanent Subcommittee on Investigations.

Read Complete Article

Comments are closed.

Tags:
federal prosecutors, indictments, investment-firm, lawyers, massive tax, offshore tax shelters, permanent subcommittee on investigations, quellos, seattle-times, secrecy, senate permanent subcommittee, senate permanent subcommittee on investigations, tax evasion, tax haven abuses the enablers the tools, u s senate