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Legal

UBS Sues Billionaire Olenicoff for Filing Failed Tax Suit

August 14, 2012

By News Team

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UBS AG (UBSN), the largest Swiss bank, sued California billionaire Igor Olenicoff for malicious prosecution over his failed legal claim that the company defrauded him into believing the tax crimes he confessed to were lawful. Olenicoff, who built his fortune as the chief executive officer of Newport Beach, California-based Olen…

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