US Justice Department seeks Allen Stanford clients
"requires the receiver to provide documents identifying those U.S. taxpayers holding foreign accounts at or through Stanford Group Company (SGC), Stanford Trust Company Ltd. (STCL) and Stanford International Bank (SIB) during 2002-2009.
. . .
Evidence available to the IRS suggests that many of the persons in the John Doe class may have been under-reporting income, evading income taxes or otherwise violating the internal revenue laws of the United States. The aggregate amount of the resulting taxes that should have been reported and paid to the U.S. Treasury is unknown."
This could be fascinating. It would also be interesting to find out whether Stanford had been secretly financing any offshore lobbyists or other cheerleaders for tax havens.