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Ct Atty Gen Investigates if wealthy residents evaded state taxes in offshore UBS Accounts

Attorney General Richard Blumenthal today announced that he is investigating whether Connecticut residents were among the 4,450 U.S. citizens who evaded taxes through offshore accounts with Swiss banking giant UBS.

In a letter notifying Gov. M. Jodi Rell of the investigation, Blumenthal said that his office has reached out to the state Department of Revenue Services, and will collaborate with the U.S. Department of Justice and Internal Revenue Service to identify and hold accountable state tax evaders.