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Ex-Swiss Banker Acquitted Of Helping US Tax Evaders

Law360, New York (November 21, 2017, 9:58 PM EST) -- A New York federal jury on Tuesday acquitted a former Swiss banker of what prosecutors alleged was a criminal conspiracy to help U.S. taxpayers hide millions of dollars in undeclared income in offshore bank accounts to dodge taxes.

Stefan Buck, the former head of private banking at now-defunct Bank Frey & Co. AG, was found not guilty of a single count of conspiring to defraud the United States in a verdict that comes just three months after U.S. District Judge Victor Marrero rejected Buck’s bid to...
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