September 21, 2010 - Ex-UBS Client Jailed, Fined For Tax Evasion By NY Court
US District Judge Denny Chin imposed a fine of $4,000 and ordered Hernandez to pay restitution of $84,423 to the Internal Revenue Service, which his lawyer said
September 18, 2010 - United States Attorney
FINANCIAL ADVISER SENTENCED IN MANHATTAN FEDERAL COURT TO 12 MONTHS’ IMPRISONMENT FOR HIDING $8.8 MILLION IN SWISS BANK ACCOUNTS...
September 17, 2010 - Judge Cuts UBS Tax Cheat A Break
As I noted here last week, federal judges have a tendency to go easy on tax cheats, granting them below guideline sentences far more often than most other cate
September 17, 2010 - Senate backs law to bill UBS
The Swiss senate wants UBS to foot the federal government’s 40-million-franc bill for reaching an accord with the US over the transmission of names of American
September 17, 2010 - Man Sentenced To Prison For Missing Taxes On Swiss Account
Federico Hernandez, who pleaded guilty in April to five counts of filing false tax returns, will also have to serve six months of home confinement and pay the r
September 17, 2010 - Financial adviser — and ex-UBS client — gets jail time for Swiss accounts
Former UBS AG client.... who pleaded guilty to hiding Swiss accounts once valued at $8.8 million from U.S. tax authorities, was sentenced to a year in prison fo
September 17, 2010 - Man Sentenced To Prison For Missing Taxes On Swiss Account
A New York financial adviser was sentenced to a prison term of one year and a day on Friday for failing to pay taxes on millions he held in a Swiss bank account
September 16, 2010 - Ex-HSBC Banker Tells Jury Cohen Denied Owning Account
Assistant U.S. Attorney Jeffrey Neiman showed Levy documents with his signature indicating he opened an HSBC account in the name of a Canadian company called Fi
September 16, 2010 - Zurich ranks first for purchasing power
Zurich and Geneva remain the most expensive cities in the world, just behind Oslo, according to an updated prices and earnings report for 2010 released this wee
September 13, 2010 - Follow the Dirty Money
Federal law enforcement agencies are simply failing to systematically gather the intelligence they need to effectively monitor the crime.
September 12, 2010 - UBS, Credit Suisse may need more capital: report
Switzerland has led the global push for tighter banking regulation requiring big banks to hold more capital and meet stricter rules on liquidity after the count
Sepember 8, 2010 - Credit Suisse: predictions for 2011
Economists at Credit Suisse gave their predictions yesterday on what happens next for the Swiss economy.
September 5, 2010 - Swiss pols, in rare move, reveal incomes
Two Swiss politicians laid bare their income and assets Sunday as part of their bids for vacant seats in the country's seven-member cabinet, angering political
September 3, 2010 - Financials Fret New Tax Law
The Foreign Account Tax Compliance Act (FATCA) is part of a major push by the Internal Revenue Service to go after U.S. citizens who look to avoid taxes by hidi
September 1, 2010 - IRS Issues Guidance On FATCA
The United States Treasury and the Internal Revenue Service (IRS) have stated their intent to issue guidance on the reporting requirements imposed on foreign fi