Three Swiss Bankers Indicted for Helping U.S. Taxpayers Hide $1.2 Billion From the IRS in Offshore Accounts

The U.S. Attorney for the Southern District of New York yesterday announced the indictment of three Swiss bankers with Wegelin & Co. for conspiring with U.S. taxpayers to hide more than $1.2 billion in assets from the IRS.

• U.S. Attorney press release
• Bloomberg
• CNN
• Financial Times
• New York Post (headline: "Swiss Bankers Had Fondue For Brains")
• New York Times
• Reuters
• Wall Street Journal

(Hat Tip: Ann Murphy.)