Surgeon Avoids Prison for Plotting to Hide HSBC Cash
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A Virginia surgeon avoided prison after admitting he hid assets at HSBC Holdings Plc from U.S. tax authorities and smuggled more than $200,000 in cash to his home when the bank said it would close his Swiss bank account.
Andrew B. Silva was sentenced June 11 to two years of probation, including four months of home detention, according to records in U.S. District Court in Alexandria, Virginia. U.S. District Judge Liam O’Grady imposed a $20,000 fine on Silva, who forfeited $211,200 and paid $16,484 in back taxes.