Bernard Goldstein of Carlsbad, Calif., was indicted by a federal grand jury in November for conspiracy to defraud the IRS. By the end of 2003, Goldstein, a Canadian citizen and lawful permanent resident of the U.S., controlled UBS accounts that held assets totaling more than $2.5 million by the end of 2003, the government said. He was the owner and operator of MG Export-Import Inc., a California-based company that exported oil pipeline products to Russia.
Government papers assert that Goldstein kept assets in bank accounts with UBS from at least 1992 to October 2008. He established a Panamanian corporation named Kasler Management Corp., under which he held several Swiss and Cayman Island bank accounts. Goldstein’s information was also given to the U.S. government by UBS in February 2009.