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Jury acquits former UBS executive in IRS offshore tax evasion probe

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A federal jury acquitted a former top Swiss banking executive of U.S. charges that he conspired with wealthy Americans to hide $20 billion in secret accounts from the Internal Revenue Service. Jurors deliberated just over an hour before returning the not guilty verdict for Raoul Weil, formerly the No. 3…

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Click here to read the full story: Newser

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