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US closes in on Swiss Bank Accounts

(Last Updated On: February 6, 2012)

US closes in on Swiss Bank Accounts

Total inaction by Countries regarding illegal and corrupt money kept in Swiss Banks for decades is a strange and unacceptable mystery.

US tax evasion hang over Swiss Banks – FT.com Banks

Only UBS will not face questions

http://www.ft.com/cms/s/0/29e93678-5006-11e1-8c9a-00144feabdc0.html

UBS reached a $780m settlement with the US authorities after admitting employees had helped with tax evasion. Under the deal, and a linked, but separate, civil case requiring Swiss government intervention, the identities of almost 5,000 UBS clients suspected of not having declared their accounts were transferred to the US.

 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

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