Ex-Credit Suisse Client Indicted Over Hiding Money From IRS
- Businessman Dan Rotta charged in Miami over 35-year tax scheme
- Rotta charges related to long-running probe of Credit Suisse
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A Brazilian-American businessman was indicted in Florida for allegedly using Credit Suisse Group AG, UBS Group AG and other Swiss banks to hide more than $20 million in assets from US tax authorities over 35 years.
Dan Rotta, 77, was charged in Miami with hiding assets from the IRS in two dozen secret Swiss accounts between 1985 and 2020, the US Justice Department said in a statement. A Sao Paolo man, Sergio Cernea, was also charged in the case, the department said.