Swiss banker who told a U.S. client he had nothing to worry about from a federal offshore tax evasion crackdown is now facing federal charges

Offshore tax crackdown continues South Florida Business Journal: "Swiss banker who told a U.S. client he had nothing to worry about from a federal offshore tax evasion crackdown is now facing federal charges.
The federal government’s battle to contain offshore tax evasion is heading into 2011 with a new case filed in Miami against Renzo Gadola, a former banker for UBS Bank.
Gadola, 44, was charged Tuesday with conspiring to defraud the U.S. He was arrested in Miami after meeting with a client at a local hotel Nov. 6 to encourage the client to continue hiding an undisclosed account at Basler Kantonalbank, a regional bank based in Basel, Switzerland.
According to court documents, Gadola told the client there was a “99.9 percent” chance the client had nothing to worry about because the “likelihood … that they will somehow … find out about the account is practically zero percent.” Further, Gadola told the client that there was no “paper trail” associated with the undeclared account."