A Florida woman is heading to prison after helping her family conceal nearly $100 million from the IRS.
The U.S. Department of Justice announced Monday that Gilda Rosenberg, a resident of Golden Beach in Miami-Dade County, received a 30-month prison sentence for conspiring to defraud the U.S. government. Her charges include hiding tens of millions in undisclosed foreign accounts, filing false tax returns, and evading taxes.
Court records reveal that Rosenberg, a dual citizen of the U.S. and Colombia, collaborated with two family members in a long-running scheme to stash over $90 million in income and assets in secret accounts across Andorra, Israel, Panama, and Switzerland.
The family had maintained offshore accounts since the 1970s. By the 1990s, Rosenberg became a legal owner and authorized signer on several of them. Despite knowing the accounts weren’t reported to the U.S. government, and that no taxes were paid on their earnings, she continued to manage them.
By the 2000s, the family moved their funds across different foreign banks to further avoid detection. Rosenberg was listed as the beneficial owner of accounts in Switzerland and Andorra. She also signed false documents during account openings, claiming to be only Colombian and not American.
The family consistently failed to disclose their offshore holdings, as required by law, and left them out of their U.S. tax filings.
In 2017, the group made another effort to dodge taxes by pretending Rosenberg and a relative had gifted their assets to a family member who had given up his U.S. citizenship. They then attempted to quietly return assets to Rosenberg in the U.S., disguising the transactions through fake loans and investment documents.
Authorities calculated that between 2009 and 2017, Rosenberg and her co-conspirators caused a tax loss of over $1.9 million, which she has agreed to repay—excluding interest. As part of her plea deal, she also paid more than $5.8 million in civil penalties to settle the failure to report her foreign accounts.