Ex-UBS Banker Gadola Avoids Prison for Helping Tax Cheats
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Former UBS AG banker Renzo Gadola, who aided Americans in cheating U.S. tax authorities before helping prosecutors snare other bankers, avoided prison when a judge sentenced him to five years of probation.
U.S. District Judge James Lawrence King in Miami rewarded Gadola today, citing the “extraordinary cooperation you’ve rendered to the United States.” He faced from 10 to 16 months in prison.