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

<a href="http://www.amazon.com/Treasure-Islands-Uncovering-Offshore-Banking/dp/0230105017?ie=UTF8&tag=cosdelcri-21&link_code=bil&camp=213689&creative=392969" imageanchor="1" style="clear: left; cssfloat: left; float: left; margin-bottom: 1em; margin-right: 1em;" target="_blank"><img alt="Treasure Islands: Uncovering the Damage of Offshore Banking and Tax Havens" src="http://ws.amazon.com/widgets/q?MarketPlace=US&ServiceVersion=20070822&ID=AsinImage&WS=1&Format=_SL160_&ASIN=0230105017&tag=cosdelcri-21" /></a>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 <span>offshore tax evasion <img alt="" border="0" height="1" src="http://www.assoc-amazon.com/e/ir?t=cosdelcri-21&l=bil&camp=213689&creative=392969&o=1&a=0230105017" style="border-bottom: medium none; border-left: medium none; border-right: medium none; border-top: medium none; margin: 0px; padding-bottom: 0px !important; padding-left: 0px !important; padding-right: 0px !important; padding-top: 0px !important;" width="1" /></span>crackdown is now facing federal charges.<br /> 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.<br /> 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.<br /> 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."

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 fro...

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