{"id":18110,"date":"2011-02-24T00:00:00","date_gmt":"2011-02-24T00:00:00","guid":{"rendered":"https:\/\/getirshelp.com\/blog\/irs-indicts-four-credit-suisse-bankers\/"},"modified":"2026-07-24T22:02:24","modified_gmt":"2026-07-24T22:02:24","slug":"irs-indicts-four-credit-suisse-bankers","status":"publish","type":"post","link":"https:\/\/getirshelp.com\/blog\/irs-indicts-four-credit-suisse-bankers\/","title":{"rendered":"IRS Indicts Four Credit Suisse Bankers"},"content":{"rendered":"

If you've got an IRS letter on your desk right now, you have a decision to make, and the clock matters. I'm Darrin Mish. I've spent 32 years helping people with exactly this kind of situation. Here's what you should do.<\/p>\n

Four Credit Suisse bankers were indicted on charges of conspiring to help Americans evade taxes amounting to as much as $3 billion. \u00a0All four, Marco Parenti Adami, Emanuel Agostoni, Michele Bergantino and Roger Schaerer, are believed to be in Switzerland. \u00a0A warrant of arrest has been issued on all of them, all of whom except Adami are Swiss. \u00a0Adami is Italian. \u00a0Whether the Swiss government would cooperate and allow extradition of the bankers is not known at this point.<\/div>\n
Click here to watch or read more information on IRS Back Taxes.<\/a><\/div>\n
The bank itself was not indicted nor was its name mentioned officially but public documents unconnected to the case identified some of those indicted as Credit Suisse employees. \u00a0According to the indictment, bank officials \u201cknew and should have known that they were aiding and abetting US customers in evading their U.S. income taxes.\u201d \u00a0In fact, in the indictment, prosecutors allege that the conspiracy has been going on for a number of years, as far back as 1953. \u00a0Even up to late 2008, Credit Suisse was maintaining thousands of accounts belonging to American taxpayers with as much as $3 billion in assets.<\/div>\n
In the indictment, the four bankers are alleged to have discouraged their American Credit Suisse account holders from participating in the IRS voluntary disclosure program in exchange for amnesty from criminal prosecution in 2009. \u00a0Those who participated in the amnesty program had to pay a penalty and divulge all details of their assets in offshore accounts but would not be charged for criminal offences.<\/div>\n
In the fall of 2008, Credit Suisse began to pull out of the American offshore banking market and advised its clients to transfer their accounts to other Swiss banks that did not operate internationally and were not subject to laws of their host countries but only that of Switzerland.<\/div>\n
Lately, the American government has been cracking down on tax dodgers who hide their assets in offshore accounts by going after the foreign banks it believes have been helping such evaders. \u00a0The indictment of the four Credit Suisse bankers is the first major charge made on a Swiss bank other than UBS Bank. \u00a0UBS paid a $780 million fine in 2009 for its role in helping American taxpayers hide their money from the IRS. \u00a0It also had to disclose details of thousands of its American account holders to the IRS suspected of tax evasion.<\/a> \u00a0That was a landmark case that breached the much vaunted Swiss laws on banking secrecy.<\/div>\n

Check out more Tax Related News<\/a> stories by clicking that link.<\/p>\n

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If you've got an IRS letter on your desk right now, you have a decision to make, and the clock matters. I'm Darrin Mish. I've spent 32 years helping people with exactly this kind of situation. Here's what you should do. Four Credit Suisse bankers were indicted on charges of conspiring to help Americans evade […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[591],"tags":[135],"class_list":["post-18110","post","type-post","status-publish","format-standard","hentry","category-irs-news","tag-tax-evasion"],"_links":{"self":[{"href":"https:\/\/getirshelp.com\/blog\/wp-json\/wp\/v2\/posts\/18110","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/getirshelp.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/getirshelp.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/getirshelp.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/getirshelp.com\/blog\/wp-json\/wp\/v2\/comments?post=18110"}],"version-history":[{"count":1,"href":"https:\/\/getirshelp.com\/blog\/wp-json\/wp\/v2\/posts\/18110\/revisions"}],"predecessor-version":[{"id":21925,"href":"https:\/\/getirshelp.com\/blog\/wp-json\/wp\/v2\/posts\/18110\/revisions\/21925"}],"wp:attachment":[{"href":"https:\/\/getirshelp.com\/blog\/wp-json\/wp\/v2\/media?parent=18110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/getirshelp.com\/blog\/wp-json\/wp\/v2\/categories?post=18110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/getirshelp.com\/blog\/wp-json\/wp\/v2\/tags?post=18110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}