Arab Today, arab today fugitive ubs banker arrested in italy luxury hotel
Last Updated : GMT 06:58:51
Arab Today, arab today
Arab Today, arab today

Fugitive UBS banker arrested in Italy luxury hotel

Arab Today, arab today

Arab Today, arab today Fugitive UBS banker arrested in Italy luxury hotel

Zurich - AFP

A former top executive at Swiss banking giant UBS wanted in the United States for allegedly helping wealthy Americans hide $20 billion (15 billion euros) from the taxman has been arrested in Italy, police said Sunday. Raoul Weil, 54, had been staying in a luxury hotel in the city of Bologna where he checked in under his real name, triggering a police check because he is on an international fugitive list. \"He was arrested at the hotel and he is now being held in prison. He did not explain why he was in Italy,\" a spokeswoman for Bologna police told AFP. The officer said the arrest took place on Friday but explained that details of the case were only being released on Sunday because of police policy. Weil, who was chairman of the global wealth management service at UBS in Zurich, was indicted by a federal grand jury in 2008 for his alleged role in overseeing the US cross-border business. The Swiss national always denied the charges and had been declared a fugitive by the US courts. According to the indictment, between 2002 and 2007, Weil supervised the Swiss bank\'s overseas activities that serviced some 20,000 customers. The indictment alleges Weil and co-conspirators helped US customers conceal around $20 billion (15 billion euros) in assets from tax authorities.

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 fugitive ubs banker arrested in italy luxury hotel Arab Today, arab today fugitive ubs banker arrested in italy luxury hotel

 



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 fugitive ubs banker arrested in italy luxury hotel Arab Today, arab today fugitive ubs banker arrested in italy luxury hotel

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
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