Arab Today, arab today us hits credit suisse with criminal charges
Last Updated : GMT 18:31:22
Arab Today, arab today
Arab Today, arab today

US hits Credit Suisse with criminal charges

Arab Today, arab today

Arab Today, arab today US hits Credit Suisse with criminal charges

Washington - AFP

The United States hit Credit Suisse with criminal charges Monday for helping rich Americans evade taxes, ahead of an expected guilty plea and $2.6 billion fine by the giant Swiss bank. Charges filed in the federal district court in Alexandria, Virginia said Credit Suisse "did unlawfully, voluntarily, intentionally, and knowingly conspire" to help US citizens prepare and file false income tax returns. The US Justice Department said the Swiss bank helped people hide incomes in sham nominee accounts, destroyed account records, and hand-delivered money from the accounts to help clients avoid taxes. The charges were filed ahead of the expected announcement of a plea deal between the bank and the Justice Department, in which the bank will admit to helping two clients as part of a long program of offering offshore nominee account services to many Americans to help them avoid taxes. According to Dow Jones Newswires, the bank will also agree to pay $2.6 billion in fines, including $1.7 billion to the Justice Department, more than $700 million to the New York State banking regulator, and $100 million to the Federal Reserve.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us hits credit suisse with criminal charges Arab Today, arab today us hits credit suisse with criminal charges

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us hits credit suisse with criminal charges Arab Today, arab today us hits credit suisse with criminal charges

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 23:13 2017 Sunday ,18 June

New ransomware virus attacking mobiles in Oman
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday