Credit Suisse Charged by U.S. With Aiding Tax Evasion

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Credit Suisse AG was charged by the U.S. with conspiring to help American citizens evade income taxes through the use of secret accounts.

The charge was filed against the bank today in federal court in Virginia as a criminal information, which signals a plea deal is likely. The Justice Department also charged two Credit Suisse subsidiaries.

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Credit Suisse Charged by U.S. With Aiding Tax Evasion