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Swiss private banking exec pleads guilty to tax fraud conspiracy

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A Swiss executive plead guilty to a tax fraud conspiracy to conceal more than $60m (CHF 55m) in income and assets from the US tax authorities on Thursday. Daniel Wälchli was a member of the executive board of a Swiss holding company that owned Privatbank IHAG Zurich, according to a…

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Click here to read the full story: Citywire

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