European police arrest 18 over $350m tax-fraud scheme as well as executing three assets freezing and seizure orders, including “several” Swiss accounts. Read more: A Crime Syndicate used sophisticated infrastructure, including buffer firms, in continent-wide tax-evasion operation. More than 200 police officers conducted 38 searches and seized more than $697,000  and arrested 18 people suspected […]

Swiss bank giant UBS is being investigated over money laundering and serious organised tax fraud in Belgium. A statement from prosecutors said: “The Swiss bank is suspected of having directly, and not via its Belgian subsidiary, approached Belgian clients to convince them to set up constructions aimed at evading taxes.” UBS said it would “defend […]