MIAMI (Reuters) – Voters in one of the most populous counties in the United States went to the polls on Tuesday for a recall vote, spearheaded by a billionaire anti-tax crusader, aimed at toppling a once-popular Republican mayor.
A recent poll published in the Miami Herald showed Miami-Dade Mayor Carlos Alvarez heading for almost certain defeat in the vote, which would be the biggest U.S. recall since California voters tossed out former Governor Gray Davis in 2003.
MIAMI (Reuters) – A candidate in Haiti’s decisive presidential run-off said on Thursday she hoped popular former President Jean-Bertrand Aristide would delay his planned return to the country until after the election later this month.
“Personally, as a citizen, I would prefer that he comes back after the elections,” former first lady Mirlande Manigat said in a news conference at Miami’s International Airport.
, March 2 (Reuters) – A federal judge
on Wednesday ordered the release on bond of a Credit Suisse
banker arrested on charges of helping wealthy American clients
hide their money from U.S. tax authorities when he worked for
U.S. prosecutors accuse Christos Bagios, now a senior
banker at Credit Suisse (CSGN.VX: Quote, Profile, Research, Stock Buzz), of assisting U.S. clients to
evade taxes on assets and income while he worked at UBS
(UBSN.VX: Quote, Profile, Research, Stock Buzz)(UBS.N: Quote, Profile, Research, Stock Buzz) from 1999 through 2005, according to a
, March 1 (Reuters) – A former UBS AG
(UBSN.VX: Quote, Profile, Research, Stock Buzz) banker has been charged with conspiracy for helping
wealthy Americans hide assets to evade U.S. income taxes,
according to a criminal complaint unsealed on Tuesday in
federal court in Florida.
Christos Bagios, who now works for Credit Suisse (CSGN.VX: Quote, Profile, Research, Stock Buzz),
was accused of assisting U.S. clients in a bid to conceal their
assets and income from the U.S. government when he worked at
UBS from 1999 through 2005, according to the complaint.
MIAMI (Reuters) – A Florida judge on Thursday ordered a man held on a $1 million bond after he was accused of dousing his 10-year-old adopted son with dangerous chemicals and police also found the dead body of a twin daughter in his pickup truck.
The case was prompted by the discovery on Monday of the pickup truck parked on the side of a busy interstate highway near West Palm Beach, Florida. The mystery has left authorities struggling to piece together what happened.
MIAMI (Reuters) – U.S. authorities are increasing efforts to crack down on criminal gangs in Colombia that are running cocaine to Mexican drug kingpins who are at war with Mexico’s security forces.
On Wednesday, a Miami federal grand jury indicted Diego Perez Henao, a suspected Colombian drug trafficker alleged to be the leader of one such criminal gang, known by its Spanish-language acronym as “Bacrims.”
, Feb 8 (Reuters) – Investors may be more
finicky when it comes to emerging markets after violence in
Egypt and stronger U.S. data drove record net redemptions from
the sector’s biggest exchange traded fund last week.
Exchange traded equity funds registered net outflows of
$2.173 billion in the week ended Feb. 2 as investors were
rattled by political upheaval in Egypt. The largest flows came
from emerging markets, according to data from Lipper, a Thomson
MIAMI (Reuters) – A father-and-son team of Miami-based property developers was sentenced to 10 years in jail on Friday for failing to report more than $49 million of income in a case that marked the first trial since the start of an intensified U.S. crackdown on offshore tax evasion.
Mauricio Cohen and his son, Leon Cohen Levy, both clients of HSBC Holdings Plc, Europe’s largest bank, were convicted in October of using shell entities and offshore tax havens to hide tens of millions of dollars from the U.S. Internal Revenue Service.
MIAMI, Feb 1 (Reuters) – Banks operating in Florida are
criticizing a U.S. proposal that would require banks across the
country to report to American tax authorities interest earned
by U.S. bank accounts held by foreigners.
Florida is a leading banking center in the United States
and home to at least $50 billion in deposits from non-U.S.
residents, many of them from Latin America, according to
MIAMI (Reuters) – Temperatures in Florida’s citrus growing zones warmed on Wednesday, giving growers a respite after a cold snap caused fruit damage in the U.S. state that accounts for about 40 percent of the world’s orange juice supply.
“I think in the citrus areas we saw temperatures in the low 30s (Fahrenheit) rather than the 20s we saw yesterday,” meteorologist Logan Johnson of the NWS’s Tampa Bay area told Reuters.