Robert Moran of Lighthouse Point, Fla., owned a yacht company that catered to “Russian oligarchs, Kuwaiti royals and other global jet-setters,”  the New York Times reports ^[1]. The former deck-hand and sea captain’s plea deal avoids indictment in return for a promise to pay back taxes and penalties and cooperate with the Internal Revenue Service.

Moran’s name was among 285 the bank turned over to the U.S. in February, as part of a $780 million deal to settle charges it helped wealthy Americans hide $20 billion in offshore accounts. The government still has more than 100 tax-evasion investigations open of Americans who used UBS private banking services. The bank also remains under investigation, the Times reports.