
Risk
Swiss Bank Admits to Helping US Clients Evade Taxes
Zuirch-based 271-year-old private bank Rahn+Bodmer will pay $22 million to settle charges it defrauded the IRS.
International Investment Group’s David Hu faces a maximum sentence of 45 years in prison.
Eric Whitehead, of Grant’s Interest Rate Observer, faces 20 years in prison for using company assets to pay for personal expenses.
James Booth convinced an elderly widow to invest her late husband’s pension and another investor to hand over his child’s college funds.