Ex-Credit Suisse Client, 83, Admits to Hiding $5.7 Million

Ex-Credit Suisse Client, 83, Admits to Hiding $5.7 Million

Gianluca Colla/Bloomberg

A sign hangs above the entrance to Credit Suisse Group AG's headquarters in this photo taken with a tilt-shift lens in Zurich. An 83-year-old Massachusetts man who held Swiss bank accounts at Credit Suisse Group AG and Wegelin & Co. pleaded guilty to hiding $5.7 million from U.S. tax authorities.