Government Cracks Down On Swiss Bankers It Says Helped Hide $1.2 Billion

Government Cracks Down On Swiss Bankers It Says Helped Hide $1.2 Billion

The government is sick of ultra-rich people hiding funds in Swiss bank accounts to lessen their tax burdens, so it’s gone after three bankers it accuses of responsibility for $1.2 billion worth of such shenanigans. Appropriately keeping with the anonymity of such accounts, the prosecutors didn’t name the bank at which the accused worked. [More]