Swiss Lawyer Plea, Sheppard Mullin, DLA: Business of Law
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A Swiss lawyer pleaded guilty in a U.S. probe of offshore tax evasion and has been telling prosecutors how he helped American clients use secret accounts to hide assets from the Internal Revenue Service.
Edgar Paltzer, 57, admitted Aug. 16 in federal court in New York that he conspired from 2000 to 2012 to commit tax fraud by helping U.S. clients hide millions of dollars from the IRS. He was indicted on April 16 with a Swiss banker, Stefan Buck.