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CuriosityCat: US Tax Evasion & Swiss Banks: Oldest Bank dies

Wegelin bank – tax criminal

Swiss financial circles are reeling from the closing of Switzerland’s oldest bank (founded 1741), after it pleaded guilty to assisting wealthy Americans evade US taxes. Wegelin paid a fine, disposed of assets, and shut down last week after pleading guilty in a New York court. The bank maintained in . . . → Read More: CuriosityCat: US Tax Evasion & Swiss Banks: Oldest Bank dies