On February 11, 2010, Nicolo Rizzuto pleaded guilty to an unreported number of charges of tax evasion. Mr. Rizzuto is reportedly the head of a Montreal Mafia family. The charges of tax evasion stem from income earned in Swiss bank accounts.
According to the report, Swiss bank accounts were opened by people who acted as fronts for Mr. Rizzuto. The accounts would be in their name, but the funds and any income earned in the account were owned by Mr. Rizzuto.
As a result of the guilty plea, Mr. Rizzuto was fined $209,000.