Peter Schiff Becomes Target in Tax Evasion Probe, Denies Wrongdoing: Report

2 mins
Updated by Gerelyn Terzo
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In Brief

  • Euro Pacific Bank, founded by Peter Schiff, has reportedly been named in an international investigation as a potential money laundering facilitator.
  • Australian authorities have given the bank an "Australian Priority Organization Target" rating, which is Australia's highest AML risk rating.
  • Schiff reportedly denies any wrongdoing but confirmed to "60 Minutes" in Australia that he has been questioned by authorities working on the investigation.
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David Hundeyin
David is a journalist, writer and broadcaster whose work has appeared on CNN, The Africa Report, The New Yorker Magazine and The Washington Post. His work as a satirist on 'The Other News,' Nigeria's answer to The Daily Show has featured in the New Yorker Magazine and in the Netflix documentary 'Larry Charles' Dangerous World of Comedy.' In 2018, he was nominated by the US State Department for the 2019 Edward Murrow program for journalists under the International Visitors Leadership...
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