Geneva prosecutors are widening their probe into Credit Suisse and one of its ex-wealth managers, identifying another three former employees as suspects in a case looking into unauthorized trades on the accounts of rich eastern Europeans, according to two people familiar with the investigation.
Bloomberg News reports that the trio have been summoned for questioning later this month by the Geneva prosecutor’s office on suspicion of money laundering, according to the people, who asked not to be identified because the investigation is ongoing. The men, along with the ex-banker at the heart of the case, can’t be named because of Swiss rules covering identification of suspects in criminal cases.
Prosecutors and Credit Suisse clients are looking at records from the trading of the ex-wealth manager, who admitted to the bank last year that he carried out trades without knowledge of customers including billionaire and former Georgian prime minister Bidzina Ivanishvili.
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