March 04, 2013
A federal judge on Monday ordered Swiss bank Wegelin & Co. to pay about $58 million for helping U.S. taxpayers hide their money, the first sentence for a foreign bank accused of aiding tax evasion.
January 03, 2013
Swiss bank Wegelin & Co. pled guilty Thursday in New York federal court to helping American taxpayers hide $1.2 billion from the U.S. government in offshore bank accounts.