Israeli Bank Pays $195 Million Fine For Helping Customers Evade US Taxes
JERUSALEM — Israel’s third-largest bank will pay a $195 million fine after admitting to helping its customers avoid paying U.S. taxes. The fine was announced Tuesday by the U.S. Justice Department and it is the result of a five-year investigation, Reuters reported. Under the settlement, Mizrahi Tefahot, accepted responsibility for the actions of former employees […]