switzerland

Swiss Bank to Hand Over Account Info

Aug 19, 2009
Swiss bank accounts aren't what they used to be. Switzerland recently agreed to fork over information on 4,450 UBS AG bank accounts to the IRS as an investigation into suspected tax evasion threatens the good name that Swiss banking has provided to money launderers and tax evaders for centuries.
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Judge Silences Whistle-Blower Site

Feb 19, 2008
A California court has ordered Wikileaks.org, a Web site that allows users to anonymously post documents and allege corruption, to be shut down. A Swiss bank brought the case after someone using the site alleged the firm had facilitated money laundering. Wikileaks says it was "given only hours notice" of the hearing.