GENEVA | Ex-banker on trial for allegedly selling account info

7Jan - by Editor - 0 - In STL.News

GENEVA —Jan 07, 2019—A former employee with Swiss bank UBS is going on trial for allegedly selling account information to tax authorities in Germany for over 1 million euros ($1.1 million).

The ex-employee, who has not been officially identified, is accused of having sifted through the bank’s electronic databases and paper documents between 2005 and 2012 and then selling the information for nearly 1.15 million euros.

The defendant allegedly used the money to buy a holiday home in Spain as well as purchasing banned munitions that he kept in his apartment.

Continue reading GENEVA | Ex-banker on trial for allegedly selling account info at STL.News.

Source link