Bank Clients Are Hit With Charges Over Taxes in the U.S.

Nine individuals were charged criminally, including two who pleaded guilty, as authorities widened their investigations of U.S. taxpayers concealing funds through overseas accounts and companies.

Two Miami Beach men-a father-and-son real-estate-development team-were arrested Thursday in New York City on tax-fraud charges. The two used an international bank that a criminal complaint didn't name.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions