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IRS Arrests Swiss Banker: Yes, He Is From Credit Suisse

UBS / HSBC

Posted on July 1, 2011 |

This time the IRS arrests a Credit Suisse banker in connection with a long-running US tax evasion investigation.  His name is Christos Bagios and it is believed he is one of several individuals likely to face charges this week as prosecutors turn their focus to bankers and wealthy clients.

One thing is for sure, the US government's crackdown on tax evasion schemes continues and expands.

Stay Tuned!


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