Caterpillar avoided reporting on billions of dollars it brought to the US from its Swiss units and affiliates. The report found that Caterpillar...

Caterpillar avoided reporting on billions of dollars it brought to the US from its Swiss units and affiliates. The report found that Caterpillar returned an estimated $7.9 billion in funds structured as loans that it did not report for tax or accounting purposes, The Times reported.

Who do you think should be held liable for the fraud and what type of penalty would you impose?