Three Swiss bankers accused in 2012 of helping Americans hide more than $1.2bn from the U.S. Internal Revenue Service face new charges of obstructing the agency from collecting taxes on undeclared accounts.
Bloomberg News reports that federal prosecutors in Manhattan filed an expanded indictment Wednesday against former Wegelin & Co. bankers Roger Keller, Urs Frei and Michael Berlinka. Keller, 50, was arrested on February 2 in Frankfurt, where he faces extradition to New York.
The men are among 38 offshore bankers, lawyers and advisers charged in the U.S. since 2008 with tax crimes. About two dozen have yet to answer the charges in court. They include bankers from Switzerland’s top three wealth managers - UBS, Credit Suisse and Julius Baer. Most live in Switzerland, where they remain off-limits to U.S. prosecutors because the Swiss don’t extradite suspects for tax crimes.
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