Marks Paneth & Shron Litigation Director Featured in Financier Worldwide Article on Protection Against Money Laundering and Tax Fraud


NEW YORK, NY--(Marketwire - March 3, 2010) - David Gannaway, director in Marks Paneth & Shron's Litigation and Corporate Financial Advisory Services Group, is featured in a January 2010 Financier Worldwide article that advises companies to take on the proper mitigation strategies against cases of money laundering and/or fraud.

In the article, Mr. Gannaway explains:

  • Why financial crime, such as tax fraud, is consistent throughout different economic environments
  • The implications of UBS: cooperating with the IRS and why Switzerland should never be considered as a tax haven.
  • The ramifications of Switzerland's new Tax Treaty with the U.S.

The full text of the article can be found at Marks Paneth & Shron (http://www.markspaneth.com/Publications_Detail.php?ID=603&Hash=30828df649e50b4df4fdacd35b741609ec4d3bb9).

To speak with David Gannaway or another member of the MP&S Litigation and Corporate Financial Advisory team, please contact Itay Engelman at 212.255.8386 or via email at itay@sommerfield.com.

About MP&S

New York City-based accounting firm Marks Paneth & Shron LLP (MP&S), has a team dedicated to offering services for U.S. taxpayers disclosing foreign accounts at UBS AG and other foreign banks. The firm has extensive experience in working with high-net-worth individuals and international tax issues, as well as in forensic accounting, litigation support, and negotiating with government agencies. For more information please visit http://www.markspaneth.com/.

Contact Information: Contact: Itay Engelman Sommerfield Communications, Inc. 212-255-8386 itay@sommerfield.com