Four Former Credit Suisse Bankers Indicted by U.S. in Tax Conspiracy Case - Bloomberg

Four Former Credit Suisse Bankers Indicted by U.S. in Tax Conspiracy Case - Bloomberg: "Four bankers who worked at Credit Suisse Group AG were charged with conspiring to help clients in the U.S. evade taxes through secret bank accounts, according to an indictment and people familiar with the matter.

Marco Parenti Adami, Emanuel Agustoni, Michele Bergantino and Roger Schaerer conspired with clients at “one of the biggest banks in Switzerland,” according to an indictment yesterday in federal court in Alexandria, Virginia.

Credit Suisse, based in Zurich and the second-biggest bank in Switzerland, is the bank, according to the people who requested anonymity because they aren’t authorized to speak publicly about the indictment.

The bank’s managers in its cross-border business “knew and should have known that they were aiding and abetting U.S. customers in evading their U.S. income taxes,” according to the indictment. In the fall of 2008, the bank had “thousands” of accounts with $3 billion in assets not declared to the U.S. Internal Revenue Service, according to the indictment."