January 04, 2012 at 03:07 AM EST
US Charges 3 Swiss Bankers in Tax Evasion Case
Prosecutors accused three Swiss bankers on Tuesday of conspiring with wealthy U.S. taxpayers to hide more than $1.2 billion in assets from tax authorities, and sources briefed on the matter said the three worked for Wegelin & Co, one of Switzerland's oldest private banks.
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