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U.S. to Seek More than 1,000 Names in Credit Suisse Tax Case: Source
By Brian Monroe
printThe U.S. government will ask Credit Suisse to turn over information on more than 1,000 accountholders as part of an ongoing criminal tax probe, according to an individual familiar with the matter. The Swiss bank said earlier this month that it had received a letter from the U.S. Justice Department informing it of an investigation related to its American clients. Since February, the department has indicted seven of the financial institution's officials on charges of facilitating tax evasion by more than 50 U.S. taxpayers. The suspected infractions by Credit Suisse are "exactly like" those committed by UBS AG, said the...
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