Bloomberg - Ex-C Suisse banker faces fresh investigation, Ex-UBS employee found guilty

Geneva prosecutors have opened a fresh investigation into alleged forgery by former Credit Suisse banker Patrice Lescaudron, seven weeks after his release from prison and just as appeals in the case got underway in Geneva.

Bloomberg News reports that Swiss prosecutors in the more than three-year-old case are looking into how Lescaudron allegedly faked dozens of bank statements for one of his Russian clients between 2009 and 2011, a period not covered in the initial 2017 indictment, according to a spokesman for the Geneva Prosecutor’s office

In the meantime, Bloomberg also reports that a former UBS employee, who fled the country rather than face trial, was found guilty of money laundering by a Swiss court over allegations of the theft and sale of client data to German tax authorities.

Rene S., as Bloomberg has identified him, was sentenced by a court in Bellinzona, Switzerland, to serve three years and four months in prison. He was cleared, however, of more serious charges of breaking the country’s bank-secrecy rules.

Ex-Credit Suisse Banker Faces Fresh Probe as Swiss Appeals Begin

Ex-UBS Worker Guilty of Money Laundering in Data Theft Case

 

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