A former employee of Credit Suisse bank has pleaded guilty to conspiring to defraud the United States. Susanne D. Rüegg Meier admitted to a tax scheme that allowed U.S. taxpayers to hide their assets in Swiss bank accounts. The plea agreement states that Credit Suisse went to great lengths to assist their clients in evading their U.S. tax obligations, including reporting their foreign income on their tax return and filing accurate FBARs.
Some components of the scheme include the following:
- all mail related to the accounts were retained in Switzerland