On a sunny Friday in late January, investigators from the Australian Tax Office ruined some people’s days. In Amsterdam it was icy when, on the same day, investigators were doing the same thing.
by Charlotte Grieve, Nick McKenzie and Joel Tozer
On a sunny Friday in late January, investigators from the Australian Tax Office issued subpoenas and fired off letters as part of an unprecedented probe that reached around the world.
It was a similar scene in Amsterdam, where investigators from the Dutch tax agency set about a similar task. So, too, did investigators in the United States, Canada and the United Kingdom.
While none of the millionaire tax dodgers targeted on January 24, including about 100 Australians, knew each other, they shared a bond: they were customers of a little-known Caribbean bank.
The Euro Pacific Bank in Puerto Rico’s capital San Juan was founded by American celebrity investor and business commentator Peter Schiff.