Ex-UBS Client Zaltsberg Admits Hiding $2.6 Million
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A former UBS AG client who played soccer on the Soviet national team pleaded guilty to failing to tell U.S. tax authorities about $2.6 million held in an offshore account.
Leonid Zaltsberg, 75, admitted that he didn’t declare to the Internal Revenue Service a nominee Panamanian account set up with the help of a UBS banker and a Swiss lawyer he didn’t identify in federal court in Newark, New Jersey.