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TAP TIMES          -12-                                  FEBRUARY 2022


              The China Initiative (from 11)


        His December 2021 conviction, after a
        six-day jury trial, stems from his failure to
        report that he was working with WUT and
        China’s Thousand Talents Program.

                            Multiple charges
                            Charges include failing to
                            report income received
                            from WUT; two counts of             Wuhan  University  has  three  main  campuses:the  Mafangshan
                            making false statements             Campus, the Yujiatou Campus, and the South Lake Campus. Cur-
                                                                rently, WUT has 5,508 staff members,
                            to authorities and failure
                            to report his foreign in-           The  former  Harvard  professor  is  facing

           Charles Lieber   come to the IRS.                    several additional charges, including mak-
                                                                ing false statements, which provides for a
        In tax years 2013 and 2014, Lieber earned               sentence of up to five years prison; three
        income from WUT in the form of salary                   years  of  supervised  release  and  a  fine  of
        and other payments made to him from the                 $250,000.
        “Strategic Scientist” and Thousand Talents
        programs.                                               Although one or more of the charges may
                                                                be dismissed, Lieber could face up to
        Lieber, together with WUT officials, opened             20years in prison.  next page
        a bank account at a Chinese bank during
        a trip to Wuhan in 2012. Then,
        between at least 2013 and
        2015, WUT periodically depos-
        ited portions of Lieber’s salary
        into that account, according to
        the indictment.


        Foreign bank account
        U.S. taxpayers are required
        to report the existence of any
        foreign bank account that holds
        more than $10,000 at any time
        during a given year by filing an
        FBAR with the IRS.

        Lieber failed to file FBARs for
        the years 2014 and 2015.


        Failing to file an FBAR provides
        for a sentence of up to five
        years in prison, three years of
        supervised release and a fine of
        $250,000.
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