A Delray Beach man has pleaded guilty to hiding assets in Switzerland using the code name Hot Lips.
August 21, 2014 at 11:55 AM
1 minute read
Using the code name Hot Lips with Swiss banking representatives, an 83-year-old Delray Beach man conspired to hide more than $1 million from the Internal Revenue Service in foreign bank accounts.
Bernard Kramer pleaded guilty Tuesday in New York federal court before U.S. District Judge Alvin K. Hellerstein, admitting he filed false federal income tax returns from 1987 to 2012.
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