Via AFP:
The owner of a Swiss trust company pleaded guilty Wednesday to conspiring with Credit Suisse bankers to enable US customers to avoid taxes by hiding assets in secret Swiss bank accounts.
Josef Dorig admitted he engaged in a "wideranging" conspiracy between 1997 and 2011 to help US citizens evade income taxes by concealing assets in Credit Suisse accounts held in the names of sham entities, the Justice Department said.
The 72-year-old Swiss and Italian citizen pleaded guilty to one criminal count in a Virginia court and, if convicted, faces up to five years in prison.
"This plea send...