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UBS tax evasion
FISHING EXPEDITIONS NOT WELCOME, SWISS BANKS SAY
”Indiscriminate” requests for confidential records will not be supported by Swiss banks, even once new OECD rules come into play, according to a leading figure in the Swiss banking industry. In a bid to calm HNWI’s worried over bank secrecy, SBA (Swiss Bankers Association) head Urs Roth reiterated that bank account details are still... »
ANOTHER UBS CLIENT CONFESSES IN TAX EVASION CASE
The IRS crackdwon on secret offshore bank accounts netted its 6th victim monday as a retiree from the Seattle area pleaded guilty to filing a false tax return Monday. Retired boeing sales manages Robert Cittadini confessed to having concealed almost $2 million in Swiss accounts, court records say. http://www.usatoday.com/money/perfi/taxes/2009-10-05-ubs-tax-evasion-case_N.htm »