Ex-UBS Banker Weil Pleads Not Guilty in Tax-Probe Case
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Raoul Weil, once a top UBS AG banker, pleaded not guilty to charges that he conspired to use Swiss bank secrecy to help thousands of Americans cheat on their taxes.
Weil, 54, appeared today in federal court in Fort Lauderdale, Florida, where his lawyer entered the plea on his behalf. Weil, a Swiss citizen, first appeared in the court Dec. 16, five years after he was indicted and declared a fugitive. He was arrested Oct. 2 after checking into a hotel in Bologna, Italy, and later extradited to the U.S.