Ms. Molyneux Meets Mr. FBAR On Fifth Avenue In New York

<p>December 21, 2022 - Participants include:</p> <p>Anthony Parent - <a href='https://www.twitter.com/irsmedic'>@IRSMedic</a></p> <p>Keith Redmond - <a href='https://www.twitter.com/keith__redmond'>@Keith__Redmond</a></p> <p>John Richardson - <a href='https://www.twitter.com/expatriationlaw'>@ExpatriationLaw</a></p> <p>Another interesting FBAR case (lawsuit filed on December 16, 2022) ... The FBAR penalties assessed exceed the value of the accounts (by a lot). What is going on here?</p> <p>The "Complaint" (below) suggests that Ms. Molyneux was assessed FBAR penalties for a period of time when she was living in the US. The "Complaint" further suggests that Ms. Molyneux is currently living outside the US.</p> <p>To learn the facts, read the government's "complaint" below.</p> <p> </p> <p> </p> <p>_______________________________________________</p> <p>United States v. Molyneux, No. 22-cv-10654 DAMIAN WILLIAMS United States Attorney for the Southern District of New York By: TOMOKO ONOZAWA Assistant United States Attorney UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK -----------------------------------------------------------------x UNITED STATES OF AMERICA, : : Plaintiff, : 22 Civ. 10654 : v. : COMPLAINT : PILAR MOLYNEUX, : : Defendant. : -----------------------------------------------------------------x Plaintiff the United States of America (the “United States”), by its attorney, Damian Williams, United States Attorney for the Southern District of New York, brings this action to collect the outstanding unpaid civil penalties assessed against defendant Pilar Molyneux (“Molyneux”) for her willful failure to report her financial interest in foreign bank accounts in calendar years 2014 and 2015, as required by 31 U.S.C. § 5314 and its implementing regulations, and alleges upon information and belief as follows: JURISDICTION AND VENUE 1. The United States brings this suit under 31 U.S.C. §§ 3711(g)(4)(C) and 5321(b)(2), at the direction of the Attorney General of the United States and at the request of