A Palm Beach, Fla., woman has pleaded guilty to failing to disclose income from money that she and her late husband held in a Swiss bank account at UBS and later transferred to Liechtenstein, and she has agreed to pay a $21 million penalty.

Mary Estelle Curran pleaded guilty Tuesday in the U.S. District Court for the Southern District of Florida to filing false tax returns for tax years 2006 and 2007, according to the Justice Department and the Internal Revenue Service’s Criminal Investigation division.

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