Credit Suisse Faces Belgian Probe Over Hidden Accounts
- Federal prosecutors checking for possible money-laundering
- French authorities handed over data on thousands of clients
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Credit Suisse Group AG faces a criminal probe amid suspicions it helped more than 2,600 clients to hide money in Swiss accounts, Belgian prosecutors said.
Investigators are looking for evidence of money laundering and whether the Swiss lender acted as an illegal financial intermediary, Eric Van Duyse, a spokesman for Belgium’s Federal Prosecutor’s office, said Monday, confirming comments by an official cited by L’Echo newspaper over the weekend.