HSBC Client Indicted (6/28/11)

According to a DOJ press release today, another HSBC depositor has been indicted. The key information is as follows:

Taxpayer: Dr. Arvind Ahuja of Greendale, Wis.
Banks: HSBC in India and the Bailiwick of Jersey
Entities: ?
Charges: Tax Perjury (4 counts); Failure to File FBARs (4 counts) - years 2006 - 2009
Account Balance: $8,733,785 (2009).
Omitted Income Charged: $1.2 Million in Interest..
Court:  ED WI
Judge: ?

I  will update the spreadsheet sometime this week.

Addendum on 7/15/11:  For a report of the hearing in which he pleaded not guilty, see David Voreacos and Marie Rohde, HSBC Client Pleads Not Guilty to Filing False Returns to Tax Authorities (Bloomberg 7/14/11).