The IRS has asked the Swiss government to aid in the investigation of International Banking & Investment group UBS and their overseas tax havens programs which some have reported amount to intentional tax evasion and fraud.
Art Basel is mentioned as the go to location for foreign employees of UBS to illegally recruit wealthy individuals to help them avoid reporting billions of US dollars in assets. Clients were at times told to use code words when communicating with UBS. Testimony states that roughly 80 UBS bankers traveled to the US 4-6 times a year to pitch the bank’s secretive services to clients at upscale events as Miami’s annual Art Basel fair.
The bankers used encrypted computers, devised codes for their clients’ identities, told Customs agents the trips were for vacations, notbusiness, and advised clients to place jewelry, paintings and other assets in Swiss safe deposit boxes, Birkenfeld testified in June, when he pleaded guilty to helping California billionaire Igor Olenicoff evade $7.2 million in U.S. taxes.
Former LGT computer technician Heinrich Kieber helped tax investigators around the world flesh out those statistics by handing over data on approximately 1,400 of the bank’s clients.
Kieber is in hiding as Liechtenstein authorities seek him on charges of violating secrecy laws.
This week: Duncan and Shannon Stratton talk to artist Anne Wilson.
From Anne Wilson’s website:
“My work evolves in a conceptual space where social and political ideas encounter the material processes of handwork and industry, where the organization of fields and the objects they help generate is constantly subverted by the swarming, anarchic energy of the objects themselves. Extrapolating from personal subjective rituals to observations of larger systems within the built environment, I investigate the micro- and macrocosms of networks and matrices through stitch, crochet, knot, net, animation, and sound. Using pixilation and projection, I de-materialize and re-animate work that began on the border between drawing and object making, and remains liminal in whatever new medium it enters. My source materials – hair, linen, lace, pins, wire, and thread – are the props of both domestic culture and larger social systems. I join together the points where these systems overlap, and where issues of sexuality and decorum, vitality and death construct meaningful relationships, and find release.”
ALSO: Mike Benedetto and Guest reviewer Tony Fitzpatrick review The Dark Knight, and some naughty things are said! Read more
For those of who loved Anne Elizabeth Moore’s interview last year , the CBC’s show Q has done a recent response to the erosion of the artist Fauxreel’s integrity and his new campaign for Vespa. They also talk about the “outing” of Banksy.
Oh yes we went there….. To bad Novicane our font had something to do that night and couldn’t attend.