offshore accounts
US Senate SubCommittee Report Says UBS, LGT Banks Helped Tax Evaders
Read the full article: http://www.money-rx.com/blog/2008/07/ubs-lgt-helped-tax-evad...
The Senate Permanent Subcommittee on Investigations (PSI), chaired by Senator Carl Levin (D-MI), after a 6 month probe, has released a report which says that Swiss banking giant UBS AG and Lichtenstein based LGT Bank have aided and abetted wealthy Americans evade taxes, cover up ownership of accounts and hide assets.
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