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Winged Keel Group Expands into Atlanta with Acquisition of Nease, Lagana, Eden & Culley
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Sen Wyden Continues Investigation Into Private Placement Life Insurance Schemes
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Wyden Continues Investigation Into Private Placement Life Insurance Schemes
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Swiss Life Gets Busted for Conspiring with US Tax Evaders to Hide Assets and Income
Posted on 05/24/2021
On May 14, 2021, the U.S. Department of Justice (DOJ) filed a criminal information charging Swiss Life Holding AG (Swiss Life Holding), Swiss Life (Liechtenstein) AG (Swiss Life Liechtenstein), Swiss Life (Singapore) Pte. Ltd. (Swiss Life Singapore), and Swiss Life (Luxembourg) S.A. (Swiss Life Luxembourg), collectively, the “Swiss Life Entities,” with conspiring with U.S. taxpayers and others to conceal from the Internal Revenue Service (IRS) more than US$ 1.452 billion in offshore insurance policies, including more than 1,600 insurance wrapper policies, and related policy investment accounts in banks around the world and the income generated in these accounts.