Another UBS Client Pleads Guilty to Tax Evasion

September 25th, 2009

New York Times

A wealthy UBS private banking client who owns a building material company in New Jersey pleaded guilty on Friday to tax evasion, the fourth American caught in a widening investigation into the giant Swiss bank over its offshore services.

Juergen Homann, 66, of Saddle River, N.J., pleaded guilty in Federal District Court in Newark to one count of failing to file a special tax form disclosing the foreign assets.

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