• 08 Mar 2011 at 4:18 PM

Area Man Pleads Guilty To Using Both UBS And Credit Suisse To Evade Taxes

By Bess Levin

Just because UBS is trying to get away from the whole ‘tax evasion’ specialists branding doesn’t mean this betrayal hurts any less.

A Credit Suisse client pleaded guilty to evading U.S. taxes on Tuesday, marking the first time the government publicly mentioned the bank in its latest wave of tax evasion probes. Defendant Edward Gurary was originally charged with hiding assets at accounts at Swiss bank UBS AG, but he now also admits he hid assets at Credit Suisse. U.S. officials are investigating other banks after UBS in 2009 paid $780 million to settle tax evasion charges.

Credit Suisse Client Pleads Guilty To Tax Evasion [Reuters]

Comments (18)

  1. 1
    Posted by Guest | March 8, 2011 at 9:26 PM

    What’s a Hassa, Frank?

    - Tony

  2. 2
    Posted by Guest | March 8, 2011 at 9:36 PM

    UBS only half-sucks?

  3. 3
    Posted by Guest | March 8, 2011 at 9:48 PM

    no no, they still full-suck

  4. 4
    Posted by Guest | March 8, 2011 at 9:48 PM

    no no, they still full-suck

  5. 5
    Posted by Credit Suisse Sucks Guy | March 8, 2011 at 9:48 PM

    Credit Suisse sucks

  6. 6
    Posted by Credit Suisse Sucks Guy | March 8, 2011 at 9:48 PM

    Credit Suisse sucks

  7. 7
    Posted by UBS | March 8, 2011 at 10:11 PM

    How could you cheat on us while you were cheating with us?

  8. 8
    Posted by Confused Commenter | March 8, 2011 at 10:16 PM

    Wait, does Credit Suisse also suck?

  9. 9
    Posted by Anonymous | March 8, 2011 at 10:21 PM

    Yes. What action will you now take?

  10. 10
    Posted by Confused Commenter | March 8, 2011 at 10:39 PM

    Impostor!!!

    Technically I only comment after Bess makes a comment.

    @pmco — As such, I will furiously take no action.

  11. 11
    Posted by Confused Commenter | March 8, 2011 at 10:39 PM

    Impostor!!!

    Technically I only comment after Bess makes a comment.

    @pmco — As such, I will furiously take no action.

  12. 12
    Posted by Anonymous | March 8, 2011 at 11:14 PM

    No hands? I’m impressed.

  13. 13
    Posted by Quant from Bronx | March 8, 2011 at 11:20 PM

    Credite Suisse, L’Union de Banques Suisse… I see a pattern here!

  14. 14
    Posted by Quant from Bronx | March 8, 2011 at 11:20 PM

    Credite Suisse, L’Union de Banques Suisse… I see a pattern here!

  15. 15
    Posted by Edward Gurary | March 8, 2011 at 11:26 PM

    CS meant nothing to me. Its all you, I swear. It’s always been you. Stop listening to those US Officials, they’re just trying to mess with your head. What we have is special.

    Baby? BTW, could you lend me the money to pay this fine? Really it’s our money anyway. You know I’ll always look after you.

  16. 16
    Posted by Not a swiss banker | March 9, 2011 at 12:13 AM

    Please elaborate on this strange pattern. I see Swissies but also see a whole lot more.

    Just wondering why there are lots of other banks in CH and they are not Swiss. They are from every major country in the world. Please explain what it is they do. Me thinks that nothing has changed?

    Correct answer – no.

  17. 17
    Posted by two_and_a_half_grams | March 9, 2011 at 3:14 AM

    Like my goddesses, this guy must really be into sucking.

    -Charlie Sheen
    Winning, USA

  18. 18
    Posted by Anonymous | March 9, 2011 at 4:45 AM

    what a chump

    We hide our assets in charities and foundations.

    - Bill & Melinda Gates

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