Defendant Allegedly Helped American Family Hide $10 Million in Swiss Accounts and Covertly Bring Money into the U.S.
11 May 2012 – Preet Bharara, the United States Attorney for the Southern District of New York, and Victor W. Lessoff, the Acting Special Agent-in-Charge of the New York Field Office of the Internal Revenue Service, Criminal Investigation Division (“IRS-CID”), announced today the arrest of MICHAEL LITTLE, a British attorney, on charges that he participated in an 11-year tax fraud scheme in which he advised and helped an American family to defraud the Internal Revenue Service by hiding at least $10 million in overseas Swiss bank accounts and other means. LITTLE was arrested last night at JFK Airport upon his arrival in the United States, and was presented in Manhattan federal court before U.S. Magistrate Judge Frank Maas this afternoon.
