Sign in to comment!

Menu
Home

Crime & Courts

4 Credit Suisse bankers charged in Swiss tax case

Four bankers with Switzerland-based Credit Suisse Group are accused of helping U.S. taxpayers hide as much as $3 billion in assets from the IRS.

The conspiracy indictment was handed down Wednesday in U.S. District Court in Alexandria, Va. Arrest warrants have been issued for all four who are believed to be in Switzerland: Marco Parenti Adami, Emanuel Agostoni, Michele Bergantino and Roger Schaerer.

The indictment itself does not specify the bank as Credit Suisse, but a law-enforcement official with knowledge of the case confirmed the bank's identity to The Associated Press but insisted on anonymity because he was not authorized to speak publicly on the case.

The Obama administration has been cracking down on foreign banks that it believes were serving as tax havens.

Bank Rates

Loan Type Graph Rate +/- Last Week
30 Y Fixed Graph 3.94% dw 4.13%  
15 Y Fixed Graph 3.04% dw 3.08%  
30 Y Fixed Jumbo Graph 4.47% up 4.16%  
5/1 ARM Graph 3.55% up 3.40%  
5/1 Jumbo ARM Graph 3.37% up 3.12%  
Loan Type Graph Rate +/- Last Week
$30K HELOC Graph 4.32% up 4.31%  
$50K HELOC Graph 4.06% -- 4.06%  
$30K Loan Graph 5.05% dw 5.08%  
$50K Loan Graph 4.48% dw 4.50%  
$75K Loan Graph 4.50% dw 4.52%  
Loan Type Graph Rate +/- Last Week
36 M New Graph 2.93% dw 2.94%  
36 M Used Graph 3.46% -- 3.46%  
48 M New Graph 3.22% dw 3.23%  
48 M Used Graph 3.04% -- 3.04%  
60 M New Graph 3.24% -- 3.24%  
Loan Type Graph Yield +/- Last Week
6 month Graph 0.39% up 0.38%  
1 yr Graph 0.72% up 0.71%  
5 yr Graph 1.50% dw 1.52%  

See the latest updates on the hottest midterm races from Fox News

Full Elections Coverage →

Keep up with all the 2014 races in

Coverage →