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Swiss bank pleads guilty in US court to helping tax evasion and closes definitely

Friday, January 4th 2013 - 22:13 UTC
Full article 6 comments

Switzerland's oldest bank is to close permanently after pleading guilty in a New York court to helping Americans evade their taxes. Wegelin, which was established in 1741, has also agreed to pay 57.8m dollars in fines to US authorities. The bank had admitted to allowing more than 100 American citizens to hide 1.2bn dollars from the Internal Revenue Service for almost 10 years. Read full article

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  • ProRG_American

    Chileans stick to your own problems

    http://www.foxnews.com/world/2013/01/04/chile-police-businessman-wife-die-as-home-burns-during-attack-by-mapuche/

    Jan 04th, 2013 - 10:16 pm - Link - Report abuse 0
  • TipsyThink

    stúpid Americans......
    they must léave US citizénship for the lôwer rate coúntríes.

    Jan 05th, 2013 - 10:09 am - Link - Report abuse 0
  • ChrisR

    I wonder if TMBOA has her illegally obtained money in this bank?

    Jan 05th, 2013 - 07:55 pm - Link - Report abuse 0
  • TipsyThink

    this is a balánce game..
    some citízens could migrate out if you destroy the bálance opposing of cítizens according to the staté .

    Jan 06th, 2013 - 11:28 am - Link - Report abuse 0
  • British_Kirchnerist

    Good news, hopefully more of these corrupt dominoes will fall...

    #3 I could just as well ask you when you stopped beating your wife; my answer to your leading question is No, but because I don't think Cristina has any “illegally obtained money”, not because its in some other bank if not this one =)

    Jan 08th, 2013 - 12:45 am - Link - Report abuse 0
  • ChrisR

    @5 B_S_K

    Oh, come on!

    Don't tell me she has got her multi-millions from her salary while she was in office!

    Even one of her supporters, a popular singer, has questioned how she can get this money while in office.

    The laugh of course is she claims to have got it as a lawyer when she did not obtain her degree or her lawyer’s charter.

    Nestor of course had a USD 300 M interest free loan from the state he was running at the time! He was being investigated when he attained the Presidency for the first time and you know what: the case was mysteriously dropped! What a surprise.

    She is a crook, a liar and one of the worst Presidents AG has ever had and that’s saying something.

    But you know this really, don't you?

    Jan 08th, 2013 - 05:33 pm - Link - Report abuse 0

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