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Another Indictment in Offshore UBS Shelter Case
As we reported in the current November/December 2008 issue, UBS is being pursued by the IRS and Department of Justice for helping American clients evade taxes on some $20 billion offshore assets. News today is yet another banker, Raoul Weil, has been indicted . Though the indictment does not ...
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UBS Executive Indicted By Justice DeptThe Huffington Post | Full News Feed
A senior Swiss executive at the banking giant UBS has been indicted in an investigation of the bank and its offshore private banking services for wealthy Americans, federal prosecutors said on Wednesday. The executive, Raoul Weil, oversaw UBS's lucrative cross-border private banking ...