In re: Grand Jury Proceedings, No. 4-10

This appeal concerned a grand jury investigation and the issuance of subpoenas duces tecum to a target and his wife, which required the production of records concerning their foreign financial accounts. The government conducted an investigation of, among other things, the Target and his wife's failure to disclose tax returns on foreign accounts and failure to file certain government forms for these alleged accounts. The Target and his wife refused to comply with the subpoenas by producing their records, asserting their Fifth Amendment privilege against self-incrimination. The court joined its sister circuits and concluded that the subpoenaed records fell within the Required Records Exception and affirmed the district court's grant of the government's motion to compel. View "In re: Grand Jury Proceedings, No. 4-10" on Justia Law