Swiss Banker, Lawyer Fugitives From US Justice

Law360, New York (December 11, 2009, 5:30 PM EST) -- A federal judge has declared as fugitives a Swiss banker and a lawyer who allegedly helped U.S. clients conceal their assets and income from U.S. tax authorities.

Judge Daniel T. K. Hurley of the U.S. District Court for the Southern District of Florida ruled Thursday that the criminal case against Hansruedi Schumacher, a banker at Neue Zuercher Bank, and Matthias Rickenbach, a lawyer at Swiss firm Rickenbach & Partner, would be suspended until such time as they are apprehended.

According to an indictment handed down this...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.