The United States has expanded its action against American tax evaders by investigating cross-border activities of institutions in countries like India, Israel and Liechtenstein, a top US official told lawmakers on Wednesday.
So far, the US action had been primarily focused against banks in Switzerland.
"While the (Justice) Department's initial efforts and this hearing have focused on Switzerland, we have expanded our investigations to go after tax cheats and the banks assisting them in India, Israel, Liechtenstein, Luxembourg, and several Caribbean countries," the Deputy Attorney General, James M Cole, told a Congressional committee.
Since 2009, the department has publicly charged 73 account holders and 35 professionals with violations arising from their offshore banking activities, and 72 individuals have plead guilty or were convicted at trial, he said.
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