By Joseph Ax and Jonathan Stempel NEW YORK (Reuters) - A Florida man on Tuesday pleaded guilty in New York to criminal charges for concealing as much $1.1 million in offshore accounts, even after learning that U.S. authorities were cracking down on wealthy Americans evading taxes. Bernard Kramer, 83, pleaded guilty to conspiracy and submitting false tax returns, stemming from a scheme that prosecutors said ran for a quarter century and involved an undeclared Swiss bank account he referred to as "Hot Lips." Kramer also agreed to cooperate with prosecutors in ongoing investigations, according to U.S. District Judge Alvin Hellerstein, who accepted Kramer's plea in Manhattan federal court. According to court papers made public on Tuesday, Kramer, who has also lived in New Jersey, began evading taxes around 1987 when he opened the undeclared account at an unnamed Swiss bank. Upon learning in 2008 that U.S. authorities were probing UBS AG for helping U.S. taxpayers conceal accounts, Kramer remained determined to keep hiding his money. In around March 2010 he arranged to move it to a new, undeclared account at an Israeli bank that was also not named, the papers show. Kramer failed to report interest and income from these accounts to the Internal Revenue Service from 1987 to 2012 and failed to file a U.S. Treasury form known as the Report of Foreign Bank and Financial Accounts, or FBAR, detailing his holdings, the papers show. During Tuesday's court hearing, Kramer said he met regularly in New York with a representative of the Swiss bank to discuss his account and that "it was understood" the account's existence would remain a secret from tax authorities. He and bank staff used the code name "Hot Lips" to refer to the account, prosecutors said. His defense lawyer, Brian Ketcham, declined to identify the banks after the hearing. Dozens of U.S. taxpayers have been charged in the United States since the crackdown on using Swiss bank accounts to evade U.S. taxes became public. More than 45,000 Americans have paid about $6.5 billion in back taxes, interest and penalties under voluntary IRS amnesty programs, the agency said in June. In May, Credit Suisse Group AG agreed to pay roughly $2.6 billion in penalties and pleaded guilty to helping Americans avoid taxes, in settlements with various regulators. UBS agreed in 2009 to a $780 million penalty. Kramer faces up to five years in prison on the top count against him and more than $600,000 in restitution and penalties, prosecutors said. The case is U.S. v. Kramer, U.S. District Court, Southern District of New York, No. 14-cr-00549. (Reporting by Joseph Ax and Jonathan Stempel; Editing by Lisa Shumaker)
Ex-official who investigated Hillary Clinton's emails said there would be evidence if Trump declassified documents: 'It can't just be an idea in his head'
"Programs and officials would have been notified," former DOJ official David Laufman said of Trump's claim he declassified all the Mar-a-Lago docs.
- The Recount
Gov. Ron DeSantis (R-FL) announces FL has “charged and is in the process of arresting 20 individuals … for voter fraud.”
Florida Governor Ron DeSantis held a presser in a courthouse to announce that the state’s new Office of Election Crimes and Security, which began on July 1, has discovered 20 instance of voter fraud. DeSantis says the 20 individuals will be charged and arrested for their crimes. The state of Florida will continue to monitor voter fraud in the upcoming election as well as review the 2020 election results.
- In The Know by Yahoo
American woman dumbfounded by plate after ordering ‘chips and salsa’ in Italy: ‘I’ll never get over it’
A word to the wise: "Chips and salsa" doesn't mean the same thing everywhere.
The right has used this phrase for others, but doesn't think it should apply to them.
- Business Insider
Former Trump aide Stephanie Grisham thinks there's nothing surprising on Mar-a-Lago surveillance tapes: 'I think what we would see is hardworking FBI agents doing their jobs'
Stephanie Grisham said she's not "surprised" Trump hasn't released the footage yet "only because I don't think there is anything there."
- Chicago Tribune
R. Kelly’s former goddaughter breaks down at his federal trial, telling jury he filmed them having sex while she was a minor
The woman had been testifying for more than four hours Thursday about her clandestine sexual relationship with R&B superstar R. Kelly as an impressionable young teenager when she was asked about one of the central mysteries in the case. Why, after two decades of silence, did she finally decide to come forward and speak out? There was a lengthy, silent pause in the Chicago federal courtroom. ...
- The Daily Beast
Photo Illustration by Kelly Caminero / The Daily Beast / GettyAt the risk of awarding the title prematurely, we think we’ve found the weirdest study published in 2022. Scientists strapped GoPro cameras to the bodies of six dolphins trained by the U.S. Navy, and recorded them hunting for food and consuming their prey in grisly detail. According to the study, there was a purpose behind this potential invasion of dolphin privacy; namely, to learn more about how the mammals hunted and ate.Scientists
- USA TODAY
Frederick Woods, now 70, was 24 when he and two other men kidnapped 26 school children and their bus driver in Northern California and buried them.
- In The Know by Yahoo
A woman is accusing an airline of "gender discrimination" after she says she was barred from entering from its business class lounge because of her outfit.
- The Guardian
Cheney releases recording of her call to Harriet Hageman, conceding her loss in the Wyoming US House primary on Tuesday
"There's no way Trump wrote that," said "The Daily Show" host.
I'm a former college teacher. I wish parents would teach their kids these 3 life skills before they're done with high school.
The author taught in college for nine years and shares three things all parents should be teaching their kids before they head out to college.
- AZCentral | The Arizona Republic
Mackenzie Dipman, a "Love Island" Season 2 fan favorite, returns to the villa in Episode 27. What to know about her and her relationship with Connor.
- The Recount
Fox News’ Steve Doocy explains the real-world consequences of Republicans' FBI-bashing to Sen. Rand Paul (R-KY).
Fox News host Steve Doocey took Senator Rand Paul to task over his accusations that the FBI search was illegitimate, pointing out that the attacks on the agency are putting agents there at risk. DOOCEY: Well, and Senator absolutely Congress has oversight over the FBI and the Department of Justice and everything else. The problem is over the last week or so there's been so much violent rhetoric directed at the FBI and I heard somebody printed FBI stands for Fascist Bureauof Investigation or something like that.
The New York Times' Maggie Haberman speculates that Trump could have taken documents related to the Mueller probe
Trump had a habit of keeping documents if he thought "something was cool" or it was "personally advantageous," Haberman said on a podcast.
- ProFootball Talk on NBC Sports
When someone fully and completely embraces a public life, there really are no personal issues. That dynamic is becoming abundantly clear with Buccaneers quarterback Tom Brady. Brady, who has fully embraced and cultivated a platform that has resulted in the aggressive pursuit of multiple business interests, has had his football career plunge into mystery with [more]
DOJ officials were alarmed by surveillance footage of the Mar-a-Lago room where classified info was being stored, report says
Officials decided to request a warrant to search Mar-a-Lago after new evidence emerged about classified information kept there, the NYT reported.
Sarah Palin's former in-laws threw a massive campaign party for her opponent before election night, and now they'll both be on the midterm ballot
Sarah Palin's ex-husband's parents held a pre-Election Night party for her Republican challenger, Nick Begich III.
The Trump-backed Wyoming winner insisted on Fox News that Cheney left a "two-second message" that didn't concede the election, then hung up.
Kendall Jenner has posted more Instagram photos, this time featuring 818 Tequila and a bronze brown thongkini. Shop the bikini that Devin Booker commented on.