February 22, 2011 - Banker Said to Be Held in Offshore Inquiry
The banker, Christos Bagios, was arrested in New York and transferred to Fort Lauderdale, Fla., where he has been charged with conspiracy and fraud, these people said. These people asked for anonymity because the complaint was sealed.
February 22, 2011 - US Arrests Credit Suisse Banker in Tax Probe
Christos Bagios was arrested about two weeks ago on entering the US and is in transit to a detention centre in southern Florida, according to the Bureau of Prisons’ website and people familiar with the matter.
February 22, 2011 - U.S. arrests CS banker as material witness: paper
U.S. authorities have arrested a Credit Suisse banker as a "material witness" as they investigate other banks that may have helped Americans to avoid paying taxes, Swiss newspaper SonntagsZeitung reported on Sunday.
February 21, 2011 - Credit Suisse banker arrested in US probe: report
The bank manager for Credit Suisse Private Advisors "flew to the United States to meet clients during a two-week visit", but he was "arrested upon his arrival," the German-language SonntagsZeitung reported, quoting several unnamed sources.
February 20, 2011 - U.S. arrest CS banker as material witness-paper
U.S. authorities have arrested a Credit Suisse (CSGN.VX) banker as a "material witness" as they investigate other banks that may have helped Americans to avoid paying taxes, Swiss newspaper SonntagsZeitung reported on Sunday.
January 30, 2011 - Offshore banks must adapt or die in WikiLeaks era
If the US government can’t stop WikiLeaks from publishing sensitive military information, small nations won’t be able to prevent the release of this kind of data. There will always be another whistleblower - and you can’t prosecute them all.
January 25, 2011 - Swiss hold person in stolen bank data case-media
A person was being held in Switzerland in conjunction with stolen bank data that was sold to Germany, Swiss media reported on Friday, citing a statement from the Swiss Office of the Attorney General.
January 25, 2011 - A 2nd I.R.S. Amnesty for Offshore Accounts
The Internal Revenue Service said on Monday that it would soon announce a new amnesty program aimed at encouraging wealthy Americans with hidden offshore bank accounts to come forward, declare their money and pay taxes owed.
January 24, 2011 - Credit Suisse Chmn: Business Model On Undeclared Funds "
Credit Suisse Group (CS) Chairman Hans-Ulrich Doerig said Monday the era of Swiss banks basing their business on harboring undeclared funds is "over," as he urged Switzerland to become nimbler in reacting to upstart economies who could compete with the tiny Alpine nation.
January 19, 2011 - Swiss arrest ex-banker for giving data to WikiLeaks
Elmer, a certified auditor who also worked at Credit Suisse and KPMG, had argued Swiss bank secrecy should not apply, since the documents he leaked referred to accounts in Cayman.
January 14, 2011 - Governments Press U.S. to Ease Overseas Tax-Cheat Law
By the time the requirements take effect in January 2013, each foreign institution must enter into an information-sharing agreement with the IRS. Those that don’t will be effectively barred from accessing U.S. markets.
December 21, 2010 - Credit Suisse not seeking tax deal,CEO tells paper
Credit Suisse (CSGN.VX)CSG.N is not seeking a financial deal to remove itself from the line of fire of German authorities after raids on client advisers' homes, chief executive Brady Dougan said in a press interview.
December 17, 2010 - TIMELINE - Germany's crackdown on tax evasion
Berlin has paid for stolen data from Swiss banks to catch tax dodgers and raided the German offices of Switzerland's No.2 bank Credit Suisse
December 16, 2010 -Credit Suisse workers under suspicion in Germany
Along with a former bank employee, the four workers are suspected of aiding clients with tax evasion, the Düsseldorf public prosecutor told the Reuters news agency on Thursday.
December 16, 2010 - Credit Suisse employees raided in German tax probe
A Credit Suisse spokesman confirmed there had been raids but declined to give specific details.