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By Kevin Gray MIAMI (Reuters) - A father-and-son team of Pro headphones Miami-based property developers was sentenced to 10 years in prison phone headphones on Friday for failing to report more than $49 million Multimedia speaker of income in a case that marked the first trial microphone headphones since the start of an intensified U.S. crackdown on offshore micro speakers tax evasion. Mauricio Cohen and his son Leon Cohen Levy, Micro speaker clients of HSBC Holdings Plc (HSBA.L), Europe's largest bank, were metal usb convicted in October of using shell entities and offshore tax laser 50mw havens to hide more than $150 million in assets from laptop headphones the U.S. Internal Revenue Service. A federal judge in Fort kingston dt100 Lauderdale, Florida, handed down the sentence. "The IRS is vigorously jogging headphones pursuing unreported income in hidden offshore accounts," Victor Song, the isolation headphones head of the IRS Criminal Investigation unit, said in a ir headphones statement. "We urge citizens to consider whether tax fraud is headphones sale worth the price of going to jail." The sentencing came headphones microphone after U.S.

Authorities last year ended their probe of Switzerland's headphones cheap UBS AG (UBSN.VX) (UBS.N), which admitted helping thousands of wealthy headphone brands Americans evade taxes through offshore accounts. Since the settlement of hd headphones the UBS case, the U.S. government has said it would eveready flashlights pursue other banks if it found similar wrongdoing. It sent electronics wholesalers letters to some HSBC clients, notifying them that they were electronics supplies targets of a criminal probe. Previous tax evasion cases, after electronics retailers UBS became the focus of U.S. efforts to crack down electronics products on financial firms helping Americans hide income, have ended in electronics auction plea agreements, officials say. "NOT OBLIGATED TO PAY TAXES" - earbuds headphones The Cohens, who owned and operated several hotels under the digital headphones Flatotel brand, were arrested in New York in April and d620 battery later found guilty of conspiring to defraud the United States cute headphones and filing false tax returns. Mauricio Cohen, 77, and Leon crv3 battery Cohen-Levy, 46, are Spanish citizens. According to court documents, the cr123a batteries Cohens' crimes included failing to pay taxes on the sale cr1220 battery of a New York hotel over 10 years ago which concert speakers generated proceeds of $33 million. Most of the money was colorful headphones eventually routed through bank accounts belonging to tax haven shell cheap usb companies based in the Bahamas, Panama and other locations, and Centre speaker the income was never reported on U.S. tax returns by center speakers the Cohens or any of their related businesses or entities, best torch prosecutors said in documents presented in the case.

The Cohens battery suppliers also stole and used the identities of employees and relatives baby headphones to open and operate accounts, prosecutors said. At the time awesome headphones of their arrest, the Cohens told authorities they had combined 5MW assets of just over $15,000. "The defendants have maintained the 2GB usb fiction that they are penniless and not obligated to pay 1gb usb United States taxes," a court document presented by the prosecution wifi headphones said. "They maintain this fiction despite living in multimillion dollar wholesale usb homes, driving luxury vehicles, vacationing on yachts, getting through traffic usb keychain in a helicopter and being chauffeured in a limousine," it underwater flashlight said. The case in U.S. District Court, Southern District of ultrafire 18650 Florida, is United States of America v. Mauricio Cohen Assor television speakers and Leon Cohen Levy, 10-CR-60159. (Editing by Gerald E. McCormick TANK007 and Robert MacMillan) Editor's Comment