WASHINGTON (Reuters) - A former Morgan Stanley executive pleaded guilty to conspiring to evade internal controls required by a U.S. anti-bribery law, in a case that underlines the fall of a once high-flying dealmaker for the firm in China.
A former Morgan Stanley executive pleaded guilty to conspiring to evade internal controls required by a U.S. anti-bribery law, in a case that underlines the fall of a once high-flying dealmaker for the ...
A former head of Morgan Stanley's real-estate investing operations in China pleaded guilty to violating a U.S. anticorruption law in a case that involved alleged bribes to a Chinese official in exchange for business.
An elderly US couple charged with spying for Cuba for almost 30 years pleaded guilty in the conspiracy Friday, with the husband agreeing to serve a life sentence, the US Justice Department said.Former State Department official Walter Myers, 72, pleaded guilty to one count of conspiracy to commit espionage and two counts of wire fraud, while his wife Gwendolyn Myers, 71, pleaded guilty to conspiracy to gather and transmit national defense information, according to the department.
In federal court in Manhattan, Switzerland's oldest private bank, Wegelin & Company, admitted to helping Americans to evade United States taxes, the first time a foreign financial institution has pleaded guilty to tax-law violations.
(Reuters) - A former banker at giant Swiss financial institutions UBS AG and Credit Suisse Group AG pleaded guilty on Tuesday to helping wealthy Americans hide millions of dollars from U.S. tax authorities during his time at UBS. In a key case in a U.S. government crackdown on offshore tax evasion, Christos Bagios changed his plea to guilty in a court in Florida. He had earlier pleaded not guilty. Lawyers said the change in plea, which had been expected, likely indicated Bagios was cooperating with U.S. authorities. A Greek citizen and Swiss resident, Bagios worked at UBS from 1999 to 2005.