SoCal man pleads guilty in Swiss bank case
Legal World
A Malibu man has pleaded guilty to failing to report more than $1 million he transferred to a Swiss bank account.
John McCarthy formally pleaded guilty on Tuesday to one count of failing to file a Foreign Bank and Financial Accounts report. He faces up to five years in prison and fines totaling $250,000 when he is sentenced on Jan. 28.
McCarthy was the first person to be named publicly after the Swiss and U.S. governments reached a deal in August to settle American demands for the identities of suspected tax dodgers. The Internal Revenue Service is seeking more than 52,000 names from UBS AG, but both governments wouldn't say how many names will be revealed.
Prosecutors say McCarthy funneled the money to a UBS account with the help of a Swiss lawyer and bank officials.
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Grounds for Divorce in Ohio - Sylkatis Law, LLC
A divorce in Ohio is filed when there is typically “fault” by one of the parties and party not at “fault” seeks to end the marriage. A court in Ohio may grant a divorce for the following reasons:
• Willful absence of the adverse party for one year
• Adultery
• Extreme cruelty
• Fraudulent contract
• Any gross neglect of duty
• Habitual drunkenness
• Imprisonment in a correctional institution at the time of filing the complaint
• Procurement of a divorce outside this state by the other party
Additionally, there are two “no-fault” basis for which a court may grant a divorce:
• When the parties have, without interruption for one year, lived separate and apart without cohabitation
• Incompatibility, unless denied by either party
However, whether or not the the court grants the divorce for “fault” or not, in Ohio the party not at “fault” will not get a bigger slice of the marital property.