U.S. authorities hunting in Swiss banks for suspected tax cheats have a fresh weapon in their arsenal: an arcane however aggressive legal maneuver more commonly used against drug smugglers, money launderers and Imelda Marcos, widow of the Philippine dictator.Backed by court judges, federal prosecutors are issuing subpoenas — official papers which compel the recipients to provide potentially damning evidence — to United States taxpayers suspected of holding hidden accounts at Swiss and other offshore banks, according to criminal defense lawyers whose clients have received the papers.Glance at More…
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