U.S. declares former UBS banker Weil a fugitive

[Eugene]

Source: Reuters

U.S. declares former UBS banker Weil a fugitive
Wed Jan 14, 2009 10:17am EST

By Jane Sutton

MIAMI (Reuters) - The former head of UBS AG's
wealth management business, Raoul Weil, was formally
declared a fugitive on Tuesday after failing to
surrender to U.S. authorities on charges of conspiring
to help wealthy Americans hide assets from U.S. tax
authorities.

Prosecutors in Miami released a copy of a judge's brief
order putting Weil on the court's fugitive list, but
said they would have no further comment.

An indictment unsealed in November alleged that Weil
and other unidentified bankers conspired to help 17,000
Americans hide $20 billion of assets in Swiss bank
accounts in order to avoid paying U.S. taxes.

-snip-

Read more: http://www.reuters.com/article/newsOne/idUSTRE50C7QG20090114

[TwixVoy]

1. Does this mean bounty hunters can legally come after him?

Those guys are almost above the law. Can legally pull shit even the FBI can't do.

Rich pampered guy with no real friends unless he is holding a ton of cash.... doesn't stand a chance. They'll bring him in.

[fed_up_mother]

2. This is just the tip of the iceberg, unfortunately