US Seeks Reduced Sentence For Ex-UBS Tax Cheat

Law360, New York (November 15, 2011, 3:34 PM EST) -- Prosecutors asked a Florida federal court on Monday to hand a reduced sentence to a former UBS banker who admitted to helping U.S. citizens use Swiss bank accounts to evade taxes, citing his assistance in a government crackdown on tax evasion.

In a sentencing memorandum on Monday, the government asked the Southern District of Florida to sentence Renzo Gadola on the low end of the sentencing guidelines spectrum, specifically requesting five months' imprisonment followed by five months' supervised release. He could face a sentence as long...
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