Castle Bank & Trust controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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1982
False-tax-return conviction involving Calvin Eisenberg
Calvin Eisenberg was convicted of advising on the preparation of false tax returns in a scheme involving Castle Bank & Trust.
1977
Tax case involving Burton Kanter and Roger Baskes
Kanter was acquitted in a case involving a Reno hotel sale and a Castle Bank account, while his law partner Baskes was convicted.
1970
Operation Tradewinds and Project Haven
The IRS investigated tax-avoidance arrangements linked to Castle Bank. A customer list obtained through an informant's theft of a bank executive's briefcase became the basis for Project Haven, but the investigation was later suspended after the evidence was deemed to have been obtained through an illegal search.
1970
Alleged CIA funding channel
Castle Bank was described as a conduit for CIA funds supporting covert military operations, including activities associated with Andros Island. Later reporting alleged that intelligence considerations influenced the handling of the tax investigation.