Swiss Bank To Pay $123M For Hiding Offshore Account Funds

By David Hansen (December 4, 2023, 6:28 PM EST) -- A Swiss bank will pay $123 million to the U.S. Department of the Treasury as part of an agreement to settle criminal charges that it helped U.S. taxpayers hide $5.6 billion in more than 1,600 secret bank accounts, the U.S. Department of Justice announced Monday....

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