Page 12 - february_012822.indd
P. 12
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.

