swiss banks

  • UBS escapes tax evader’s $1.7 billion lawsuit

    Lying to the IRS typically isn’t the best way to ingratiate oneself with the federal government and its employees. Therefore, it should come as little shock that Judge Andrew Guilford of the U.S. District Court in Santa Ana, Calif., yesterday ruled in favor of Swiss bank UBS AG in a...

  • 11 Swiss banks may disclose names, pay billions to settle with IRS

    Chalk one up for everyone’s best friend, the Internal Revenue Service. Reports surfaced today that 11 Swiss banks are expected to settle a massive U.S. probe into offshore tax evasion.

  • Julius Baer bankers busted for hiding $600 million

    So much for supposedly being neutral … scores of Swiss bankers are seemingly getting caught by the long arm of the American law lately for helping enterprising U.S. citizens cheat on their taxes.

  • 8 offshore banks under investigation for aiding tax evasion

    Wiring millions in dirty money to a secret Swiss bank account apparently isn’t just for spy movie villains anymore. The U.S. Department of Justice (DOJ) has targeted eight offshore banks in a federal grand jury investigation, and is clapping manacles on scores of facilitators.

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