Friday, June 26, 2009

Accountant Pleads Guilty in UBS Tax Fraud Case

The UBS tax fraud case is expanding. An accountant who hid money with UBS pleaded guilty to filing a false tax return. According to press reports, prosecutors based their charges on UBS records that they obtained as part of a defferred compensation agreement.

So much for customer protection and Swiss banking secrecy.

http://www.miamiherald.com/business/story/1114689.html

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