A former executive at Julius Baer was sentenced to ten years in prison Monday for his role in a billion-dollar scheme to launder money embezzled from the Venezuela state oil company.… Continue Reading
A former managing director of Julius Baer pleaded guilty Thursday to a money laundering conspiracy in the DOJ’s prosecution of corruption in soccer’s international governing body.
Jorge Luis Arzuaga, 56, appeared in federal court in Brooklyn.… Continue Reading
Two former Julius Baer bankers pleaded guilty Thursday and the Swiss bank paid $547 million to settle a criminal case for helping clients cheat on their U.S. taxes.
Daniela Casadei, a Swiss citizen, and Fabio Frazzetto, and Italian, each pleaded guilty in Manhattan federal court to conspiracy to defraud the IRS, to evade federal income taxes, and to file false federal income tax returns. … Continue Reading