In the United States, the head of a large Russian company was arrested: he is accused of tax evasion
The US Department of Justice has arrested Mark Anthony Jetway, deputy chairman of the board of the Russian gas company Novatek, in Florida. He is accused of tax evasion in the amount of $ 93 million, writes DW.
Jetway is a US citizen who has worked in Russia since 1995. In 2019, by decree of the President of the Russian Federation, he was granted Russian citizenship. He has been working at Novatek since 2003. The company is the second after Gazprom in terms of natural gas production in Russia. And already in 2005, Jetway, according to the American justice authorities, began to participate "in deceiving the United States by concealing the fact of owning offshore assets and not paying millions of dollars in taxes."
Jetway is accused of not providing information on offshore assets, withholding information on income and tax evasion. On each of the charges, he faces a prison sentence of 5 to 20 years.
After working as a Certified Public Accountant (CPA) in the United States and Russia, Jetway became Chief Financial Officer of a large Russian gas company. Jetway received lucrative stock options as part of its compensation package, according to US Department of Justice website.
Beginning in 2005, Jetway opened the first of two different Swiss bank accounts to hold these assets, which at one point totaled more than $ 93 million. with them assets. For example, he made his then wife, a Russian citizen, the beneficial owner of accounts.
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Although Jetway was a CPA, he failed to file his US tax returns on time and also failed to file all required Foreign Banking and Financial Account Reporting (FBAR) forms. In addition, some of the tax returns he filed are false. The indictment alleges, among other things, that Jetway submitted false offshore documentation to the IRS, in which he testified that his previous refusal to file FBAR and tax returns was unintentional.
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