Credit Suisse, the Jailed Banker and an Oligarch's Millions
- Swiss banker held on charges he misused clients' millions
- Georgia former Prime Minister, others claim huge losses
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For years, he was a member of the elite of Swiss bankers. Now, the former Credit Suisse wealth manager is in a prison hospital in Geneva, charged with fraud, misappropriation, and criminal mismanagement, facing as many as 10 years behind bars.
The case reaches beyond the executive, who under Swiss law can’t be identified in public. Credit Suisse now faces criminal accusations from three clients, alleging it played a role in the fraud.