Swiss bank UBS to pay $ 780million in US tax fraud probe!

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Swiss bank UBS to pay $ 780million in US tax fraud probe!
Feb 28, 2009 02:57 GMT-6
ZOEY Points: 2836 Join Date: Nov 29, 2004 Status: offline	Swiss bank UBS to pay $ 780million in US tax fraud probe! As the news reports, "Swiss banking giant UBS has agreed to pay 780 million dollars to the US government and cooperate in a tax fraud probe. In Washington, the US Justice Department said that USB has agreed to provide the US government with the identities and account information of certain Amercian customers of UBS's cross-border business. A US federal judge in Florida earlier accepted UBS's agreement to pay 780 million dollars in fines, penalties, interest and restitution." It isn't over. The US Justice Department sued UBS to the local court in Florida after the UBS agreed to pay the fine and provided the related info. It required UBS to offer 52000 American clients' secret account information. I heard that the Swiss banks were the safest in the world. Now it seems that things have changed. Faced with the pressure from Washington, it has no choice but pay the fines and provides the info that the US wanted.

Aug 25, 2009 12:46 GMT-6	#1
GUEST22134	Madoff and Stanford. will spend the rest of their lives in prison. At least this is a start . Yet what about the “ Bankers.” who have caused people to lose their savings ,pensions , jobs , houses and in some cases their lives .Yet they continue to live in luxury. Pictet & Cie.- claim they are the “Rolls Royce”of Swiss banks. Swiss Banks or more correctly Swizz banks. Swizz. ---- “ a great disappointment.” or a “ fraud.” Fraud. ---“ an intentional deception or dishonesty.”— “a crime.” Crime. ---“ an act committed or omitted in violation of a law.” Serious Crimes . Conspiring to pervert the Course of Justice. Perverting the Course of Justice. Contempt of Court. The Establishment “ Cover up crimes”. The ‘Doyens’ of the establishment.’ ( Ivan Pictet and Monty Raphael.) Ivan Pictet. Managing partner in Pictet & Cie Bank .--- Switzerland. President of the Geneva Financial Centre. World Bank.committee member. United Nations. Investment Committee member, Vice President – Global Humanitarian Forum. Member of the Henokiens. Blackstone Group --- Board Member. Past- President – Geneva Private Bankers association. Past –President – Geneva Chamber of Commerce and Industry. Monty Raphael. Quote.” ---- Doyen of U.K. Fraud lawyers. Consultant & Head of Fraud and Regulatory Dept. Member of Board of Directors of the Fraud Advisory panel. Member of the Law Society of England & Wales. International Bar Association Member. Past President—London Criminal Court Solicitors Association. Past Chairman ---of Anti Corruption Committee. Founder of Business Crime Committee of the International Bar Association. Pictet & Cie Bank & Peters & Peters. The bank and it’s officials deliberately withheld crucial documents requested under a High Court order.The bank and it’s officials deliberately withheld evidence from the Police , and one of it’s account managers Susan Broadhead gave a false witness statement to the police. Another one of it’s managers Nicholas Campiche ( Now Head of Pictet – Alternative Investments.)concocted a letter pretending to be a client and closed his account. The senior partner (Ivan Pictet.)sought to have numerous documents destroyed,along with those copies held in their London office of P.A.M. Initially stating that they were forgeries then their lawyers Peters & Peters – Monty Raphael – and the barrister Charles Flint.Q.C.) –later had to admit in Court that the documents were genuine. Full Story. Go to search box on “Google” and insert ( Ivan Pictet / Monty Raphael) or insert ( Pictet & Cie / Monty Raphael.) - - then try it on “Yahoo”. Or try (Jack Loach/ Ivan Pictet
GUEST22134

Sep 15, 2009 14:16 GMT-6	#2
GUEST11670	Thanks for this valuable information. Former UBS client who has been defrauded seeks help with his case Blackstone deal UBS Real Estate Opportunity Funds [sic], L. L. C. Quadrangle Fund, L. L. C. Seeking representation at robertkaufmannmd@gmail.com
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