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Published 1 month ago

Billionaire energy drink mogul hid hordes of cash in Swiss bank accounts, senator's letter alleges

Summary by Business Insider
Manoj Bhargava in 2015.Hindustan Times/Getty ImagesBillionaire Manoj Bhargava has been accused of hiding hundreds of millions of dollars overseas.US Senator Ron Wyden is investigating Swiss bank Pictet, alleging it helped US citizens evade taxes.The Senate Finance Committee said the case could lead to the largest penalty over illegal offshore banking in US history.The billionaire entrepreneur behind 5-Hour Energy drinks, Manoj Bhargava, has been…

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Billionaire energy drink mogul hid hordes of cash in Swiss bank accounts, senator's letter alleges

Manoj Bhargava in 2015.Hindustan Times/Getty ImagesBillionaire Manoj Bhargava has been accused of hiding hundreds of millions of dollars overseas.US Senator Ron Wyden is investigating Swiss bank Pictet, alleging it helped US citizens evade taxes.The Senate Finance Committee said the case could lead to the largest penalty over illegal offshore banking in US history.The billionaire entrepreneur behind 5-Hour Energy drinks, Manoj Bhargava, has been…

1 month ago·United States
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Geneva, SwitzerlandGeneva, Switzerland
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