A Florida woman has admitted to a conspiracy to hide over $90 million in offshore accounts from the Internal Revenue Service. Gilda Rosenberg, a dual U.S. and Colombian citizen from Golden Beach, Florida, pled guilty to charges related to concealing assets, filing false tax returns, and evading taxes, the Department of Justice announced.
Court documents reveal that from 2010 to 2022, Rosenberg, along with two family members, worked to hide the extent of their foreign financial holdings. They used banks in Andorra, Israel, Panama, and Switzerland, while failing to report these accounts to U.S. authorities. After Credit Suisse closed their accounts in 2013 due to the family’s U.S. connections, the assets were moved to new financial institutions.
Rosenberg falsely represented herself as a Colombian resident on banking documents, and neither she nor her family filed the required Reports of Foreign Bank and Financial Accounts (FBARs). They also attempted to cover their tracks with sham loans and business investments to disguise funds flowing into the United States.
The evasion led to Rosenberg filing false tax returns, failing to report over $5.5 million in income between 2010 and 2017, resulting in a loss of nearly $2 million for the IRS. Rosenberg's sentencing is set for May 30, and she faces up to five years in prison, along with supervised release, restitution, and financial penalties.
The investigation was led by the IRS Criminal Investigation's International Tax & Financial Crimes Unit, with assistance from the Justice Department's Office of International Affairs. The prosecution is being handled by Assistant U.S. Attorney Ana Maria Martinez, Senior Litigation Counsel Mark Daly, Stan Okula, and Trial Attorney Marissa Brodney of the Tax Division.
