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Private bankers may plead guilty to helping clients evade taxes, say reports

Two private bankers from Julius Baer charged with helping US clients to hide “at least US$600 million” in assets from the US Internal Revenue Service, face as long as five years behind bars if convicted. According to a report, they helped more than 180 US clients evade taxes, and are expected to plead guilty in New York Thursday. Daniela Casadei and…

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