Ex-UBS Banker Charged In Tax Evasion Conspiracy

Law360, New York (March 1, 2011, 8:20 PM EST) -- A former UBS AG banker was charged with conspiracy for allegedly helping more than 100 wealthy customers tuck away nearly $500 million in offshore accounts so they could avoid paying taxes, according to a complaint unsealed Tuesday.

The federal government charged Christos Bagios, a Greek citizen and Swiss resident who most recently worked for Credit Suisse Private Advisors AG, with conspiring to defraud the U.S., according to a Feb. 1 filing in the U.S. District Court for the Southern District of Florida.

The federal court in...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.