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UBS Banker In Tax Probe Faces US Court Hearing Monday

UBS banker Raoul Weil helped US customers conceal about $20 billion in assets from tax authorities. Now he faces trial here.
UBS Banker In Tax Probe Faces US Court Hearing Monday
Image from: Flickr

Via AFP:

A former top UBS executive is due in US court for the first time Monday after his extradition from Italy for helping thousands of Americans hide billions of dollars from the taxman.

Raoul Weil, 54, was extradited earlier this month, five years after his indictment by a federal grand jury in 2008 for his alleged role in overseeing cross-border business.

The Swiss national was arrested in mid-October after using his real name to check into a luxury hotel in Bologna.

He has denied the allegations against him.

"Mr Weil is pleased finally to begin the process of defending himself," his ...

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