Ex-UBS Banker Charged With Tax Evasion Conspiracy

Law360, New York (December 14, 2010, 8:15 PM EST) -- A Swiss banker who once worked for UBS AG was charged Tuesday with conspiring to help a U.S. client evade his taxes.

Renzo Gadola, a Swiss citizen and resident, conspired with an unnamed Swiss banker and a U.S. client to evade the Internal Revenue Service by hiding money in an undeclared UBS account and another undeclared account at a second Swiss bank, the U.S. attorney for the Southern District of Florida said in a criminal information.

Gadola has been in custody since November, when law enforcement...
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