Ex-C Suisse banker pleads guilty

Gavel

A former Credit Suisse banker pleaded guilty to conspiring to help Americans hide income and assets from the Internal Revenue Service, admitting that she helped one U.S. client withdraw $1 million in cash rather than declare the money to the IRS.

Bloomberg News reports that Susanne D. Ruegg Meier, a Swiss citizen, pleaded guilty on Wednesday in federal court in Alexandria, Virginia, where she made her first appearance after she was indicted in 2011 with several other Credit Suisse bankers. In May 2014, a bank subsidiary pleaded guilty in Alexandria, paying a $2.6 billion penalty while admitting it helped thousands of Americans evade taxes.

At least three other people indicted with Ruegg Meier have come to the U.S. to plead guilty, as they have chosen to resolve their criminal cases rather than have them hang over their heads indefinitely.

Hit the link below to access the complete Bloomberg News article:

Ex-Credit Suisse Banker Pleads Guilty in U.S. Tax Cheat Case

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