A few years ago, David Carruthers, a citizen of the United Kingdom, needed to get to San Jose, Costa Rica from London. He booked a flight through Dallas-Fort Worth. That was a mistake, as Mr. Carruthers was an executive for an online sportsbook. His two-hour layover ended up being far, far longer as he was arrested on various charges.
There’s another group of individuals who shouldn’t fly to the US: Executives of Swiss banks. Christos Bagios, a former UBS banker who is now with Credit Suisse, has apparently been charged with conspiracy and fraud.
As Phil Hodgen states, “[If you are a Swiss banker,] Do not travel to the United States. Ever…If you are flying to South America from Europe, do not change planes in the United States. Ever.” Phil has more on this here.
Tags: FBAR. SwissBanks