Mr. Shaman
Well-Known Member
- Joined
- Nov 27, 2007
- Messages
- 7,829
"U.S. authorities are building cases for possible criminal prosecution of some 150 wealthy American clients of Swiss banking giant UBS as part of a probe into tax evasion, the New York Times reported Friday.
The daily, which cited a person briefed on the matter, said the likely prosecutions were part of a crackdown on tax evasion using offshore accounts.
The Times, which quoted a source familiar with the UBS case, said the most recent settlement will require the bank to turn over names of clients who set up offshore entities to evade taxes and those who had contact with Swiss-based UBS bankers, in person, by telephone or by e-mail."
Gee.....let's see how badly "conservatives" hate lawyers, NOW!!!!