On October 10, 2025, the U.S. District Court for the Middle District of Florida granted the United States’ motion for default judgment in United States v. Mehta, No. 8:25-cv-483-VMC-AEP.
The court entered judgment against Chandrakant P. Mehta for willful FBAR violations for 2016 and 2017.
Total as of August 12, 2025: $1,683,636.01, plus accruing statutory additions.
Why It Matters
The decision enforces timely assessed FBAR penalties and shows how failure to appear can result in default judgment that reduces assessments to a federal judgment for collection.
Key Facts
Parties: United States (plaintiff) v. Chandrakant P. Mehta (defendant).
Court/Judge: U.S. District Court, M.D. Fla., Tampa Division; Judge Virginia M. Hernandez Covington.
Issue: Willful failure to file FBARs reporting foreign financial accounts for 2016 and 2017.
Statutes/Regs: 31 U.S.C. §§ 5314, 5321(a)(5), 5321(b); 31 C.F.R. §§ 1010.306(c), 1010.350(a), 1010.350(b)(1), 1010.810(g); 31 C.F.R. § 5.5(a); 31 C.F.R. § 1010.821; 31 U.…
