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WASHINGTON (AFP) – The US indicted quaternary Credit Suisse bankers on charges of serving US taxpayers conceal money in info land accounts to avoid US taxes.

The quaternary bankers and unnamed co-conspirators were accused of offering US customers the chance to open accounts in Schweiz at the discernment that the money would be hidden from US set authorities.

It said that as of 2008, the slope hosted thousands of much accounts retentive up to $3 1000000000 in assets.

"The band dates backwards to 1953 and involved digit generations of US set evaders, including US customers who inherited info accounts at the international bank," the official division said in a statement.

Bank officials "knew and should hit famous that they were aiding and abetting US customers in evading their US income taxes," the instrument said.

It titled the threesome land nationals Emanuel Agustino, Michele Bergantino and Roger Schaerer, and Italian Marco Parenti Adami.

Agustino and Bergantino had traveled to the US to market the tax-evasion opportunities at the bank, the instrument said.

Agustino continuing to offer much services at digit added land banks after he mitt Credit Suisse, it added.

The quaternary grappling doable sentences of up to five eld in situation and a dustlike of $250,000.

The charges said they had helped Credit Suisse customers movement to Switzerland, the Bahamas and elsewhere to make use of the info accounts.

"After the slope decided to near the info accounts maintained by US customers, the defendants pleased and assisted the customers to designate their info accounts to added banks in Schweiz and Hong Kong," to continue avoiding set liabilities, the official division said.

Credit Suisse itself is not a part of the investigation, according to the bank, and the instrument said the slope began movement downbound its US cross-border banking services in 2008.

"We are cooperating with the authorities in their enquiry of these individuals," Credit Suisse spokesman king Walker said.

The instrument came after the past arrest in the United States of added Credit Suisse banker on similar charges.

The banker, identified by the Financial Times and added media as Christos Bagios, had early worked at added land banking group, UBS, which came low US pressure in 2008 over its questionable marketing of info accounts to US set evaders.

UBS was eventually forced to pay a 780-million-dollar dustlike and some 4,000 housing files on dweller clients.

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