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Guilty Plea By Credit Suisse Banker Could Blow The Lid Off


Business  (tags: Credit Suisse, finance, tax evasion, USA, IRS, banking, americans )

Nancy
- 1838 days ago - forbes.com
Now, the first of seven of its indicted Swiss bankers has plead guilty to conspiring to defraud the IRS. Andreas Bachmann, 56, of Switzerland, took a plea and claims bank execs knew all about it.



   

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Comments

Gloria picchetti (304)
Thursday March 13, 2014, 6:46 am
If I did that they would throw away the keys.
 

P.S. Gravemaker (62)
Thursday March 13, 2014, 10:46 am
Mr. Bachmann pleaded quilty. He knew of nominee tax haven entities and structures and often helped facilitate setting them up. And Mr. Bachmann is naming names..... Well, if the IRS follows up on that will that mean a decrease of the 1% to 0.9%?

 

P.S. Gravemaker (62)
Thursday March 13, 2014, 11:01 am
+ noted
 

Past Member (0)
Thursday March 13, 2014, 12:03 pm
Noted, thanks Nancy....good one.....I hope they put an end to this once and for all. Everyone needs to pay their fair share of taxes. These scoundrels must be held accountable.
 

Birgit W (160)
Thursday March 13, 2014, 12:35 pm
There are rights for the 1%, and there are other laws for us. We would all end up in jail.
 

Patsy Olive (0)
Thursday March 13, 2014, 2:31 pm
Noted & tweeted.
 

Roger G (148)
Thursday March 13, 2014, 2:41 pm
noted, thanks
 

Lois Jordan (63)
Thursday March 13, 2014, 2:44 pm
Noted. Thanks for this info, Nancy. Yes, it would be nice if these greedy scoundrels had huge fines and jail time....I'm going to add that to my next letter to Santa Claus. This is just the beginning of a big snowball, though, and I hope to be reading more about outcomes.
 

Nelson Baker (0)
Thursday March 13, 2014, 2:53 pm
They pleaded guilty. Charge them for the all taxes which they helped the rich cheat the US Government then close all of their US branches.
 

Barbara K (61)
Thursday March 13, 2014, 5:11 pm
I hope the IRS goes after all the back taxes owed by these bloated millionaires, and lock them up and take all their possessions, just like they would do to a little guy trying to just save maybe $1,000.
 

Kamia T (89)
Thursday March 13, 2014, 6:52 pm
Of course they all knew about it, and the sad truth is that these greedy idiots will just go find another place to hide all their money, living well outside the outside the U.S., so that even if the IRS does prosecute them, it's highly unlikely the U.S. will ever get paid. They go after the little guy because we have no $ to defend ourselves. These people do.
 

Kathleen R (138)
Friday March 14, 2014, 5:05 am
Noted & read. Well said @Kamia T.
 

Rehana VN (0)
Friday March 14, 2014, 10:35 am
Have been helping con the taxman in many countries & for years.
 

Elizabeth M (65)
Sunday March 23, 2014, 3:31 pm
Noted and Read with interest. Good now some of those who have been dumping money if foreign bank accounts now have to face the IRS. Great news, as it seems more names will come out of this investigation
 
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