Showing posts with label illegal bank accounts. Show all posts
Showing posts with label illegal bank accounts. Show all posts

Sunday, May 25, 2014

Swiss bank pleads guilty to US tax evasion, fined $2.6bn

Swiss bank Credit Suisse pleaded guilty Monday to the charge that it facilitated wealthy Americans who sought to commit tax evasion, becoming the first major bank to admit criminal wrongdoing in over 20 years and agreeing to pay $2.6 billion in fines.