tag:blogger.com,1999:blog-1519969502186924526.post977786047875166221..comments2023-10-24T08:00:53.865-05:00Comments on Federal Tax Crimes: Prosecutor's "Golden Rule" Argument to Jury Criticized by Court of Appeals (3/25/14)Jack Townsendhttp://www.blogger.com/profile/14469823736335455874noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-1519969502186924526.post-60846279468804530572014-04-03T04:09:49.892-05:002014-04-03T04:09:49.892-05:00we are getting closer......
"Credit Suisse S...we are getting closer...... <br />"Credit Suisse Set Aside Another $480 Million For An Expected Legal Settlement With The US Government"<br /><br />Credit Suisse has increased the funds it has set aside to settle a U.S. tax dispute and avoid prosecution for helping wealthy Americans to hide their money from the taxman.<br /><br />Switzerland's second-biggest bank set aside an extra 425 million Swiss francs ($480 million), taking its total provision for tax and securities law matters in the United States to 895 million francs, it said in its annual report on Thursday.<br />A spokesman for the bank declined to comment on whether the increase indicates that it is close to resolving the U.S. tax dispute.<br />Switzerland's private banking model has been rattled to its core by the U.S. crackdown on tax evasion. Credit Suisse rival UBS admitted to helping U.S. taxpayers evade taxes and paid a $780 million fine in 2009.<br />Evidence culled from the UBS probe and thousands of Americans coming forward under a tax amnesty in the United States has fed a second wave of investigation, which has ensnared Credit Suisse and 13 other large Swiss banks.<br /><br />Credit Suisse is under investigation by the U.S. Department of Justice and has been accused by U.S. senators of helping American customers to dodge taxes through a variety of tactics, including the creation of offshore shell entities, falsifying visa applications and establishing a branch at Zurich airport, where wealthy U.S. clients could fly in, conduct their banking and leave.<br /><br />On Thursday the bank said it will reduce previously reported fourth-quarter and 2013 results by 468 million francs after taxes to mainly reflect the U.S. tax deal provision, resulting in a <br />fourth-quarter net loss of 476 million francs.<br />The bank said in its annual report that total litigation provisions had doubled to 2.33 billion francs, compared with 1.16 billion a year earlier.<br />It also said it had paid Chief Executive Brady Dougan 9.8 million francs in 2013, up 26 percent from the previous year. ($1 = 0.8860 SwissFrancs)<br /><br />Read more: http://www.businessinsider.com/r-credit-suisse-increases-provision-for-us-tax-deal-2014-03#ixzz2xoRa7B9aUStaxnoreply@blogger.comtag:blogger.com,1999:blog-1519969502186924526.post-4939728148134630172014-03-25T10:23:32.693-05:002014-03-25T10:23:32.693-05:00Swiss Bank
Accounts. 2014.
Is your monies safe
in...Swiss Bank<br />Accounts. 2014.<br /><br />Is your monies safe<br />in these accounts ---- definitely NOT.<br /><br />Would you get your<br />money back if every body decided to withdraw all their accounts –<br />NO WAY.<br /><br />Economic Experts<br />say that there would only enough money to repay 50% of their clients.<br /><br />Are you going to be<br />in the 50% --- that loose your money.-- Get it out NOW.<br /><br />2012 -- - June.<br />-- Published in Anglo INFO .Geneva.--- USA Trust Fund Investors were<br />sent false and fraudulent documents by Pictet Bank.Switzerland. in<br />order to collect large fees. ( Like MADOFF) ---Even after the SEC in<br />the USA uncovered the fraud Pictet continued to charge fees and drain<br />whatever was left in these accounts. Estimated that $90,000,000<br />million lost in this Pictet Ponzi scheme.<br /><br />2012 - - - July.<br />-- De – Spiegel. -- states – Pictet Bank uses a letterbox<br />company in <br /><br />Panama<br />and a tax loophole involving investments in London to gain<br /><br />German<br />millionaires as clients. <br /><br /> <br /><br />2012<br />- - - August ---- German Opposition Leader accuses Swiss Banks of<br />"organised crime." <br /><br />All<br />the fines that crooked Swiss banks have incurred in the last few<br />years exceeds £75.Billion. <br /><br />It<br />is also calculated that the secrecy " agreements" with<br />regards to tax evation by their clients will cost the banks another<br />£450 Billion.( paid out of your monies.)<br /><br />The<br />banks are panicking --- the are quickly restructuring their banks<br />---- from partnerships --<br /><br />to<br />" LIMITED COMPANIES." ----- this will probably mean that<br />in the future --- they could <br /><br />pay<br />you only 10% of your monies " if you are one of the lucky ones"<br />---- and it be legal.jack loachnoreply@blogger.comtag:blogger.com,1999:blog-1519969502186924526.post-42490566006906749832014-03-25T10:20:21.953-05:002014-03-25T10:20:21.953-05:00Swiss Bank
Accounts. 2014.
Is your monies safe
in...Swiss Bank<br />Accounts. 2014.<br /><br />Is your monies safe<br />in these accounts ---- definitely NOT.<br /><br />Would you get your<br />money back if every body decided to withdraw all their accounts –<br />NO WAY.<br /><br />Economic Experts<br />say that there would only enough money to repay 50% of their clients.<br /><br />Are you going to be<br />in the 50% --- that loose your money.-- Get it out NOW.<br /><br />2012 -- - June.<br />-- Published in Anglo INFO .Geneva.--- USA Trust Fund Investors were<br />sent false and fraudulent documents by Pictet Bank.Switzerland. in<br />order to collect large fees. ( Like MADOFF) ---Even after the SEC in<br />the USA uncovered the fraud Pictet continued to charge fees and drain<br />whatever was left in these accounts. Estimated that $90,000,000<br />million lost in this Pictet Ponzi scheme.<br /><br />2012 - - - July.<br />-- De – Spiegel. -- states – Pictet Bank uses a letterbox<br />company in <br /><br />Panama<br />and a tax loophole involving investments in London to gain<br /><br />German<br />millionaires as clients. <br /><br /> <br /><br />2012<br />- - - August ---- German Opposition Leader accuses Swiss Banks of<br />"organised crime." <br /><br />All<br />the fines that crooked Swiss banks have incurred in the last few<br />years exceeds £75.Billion. <br /><br />It<br />is also calculated that the secrecy " agreements" with<br />regards to tax evation by their clients will cost the banks another<br />£450 Billion.( paid out of your monies.)<br /><br />The<br />banks are panicking --- the are quickly restructuring their banks<br />---- from partnerships --<br /><br />to<br />" LIMITED COMPANIES." ----- this will probably mean that<br />in the future --- they could <br /><br />pay<br />you only 10% of your monies " if you are one of the lucky ones"<br />---- and it be legal.jack loachnoreply@blogger.com