An executive at a Swiss holding company, Daniel Walchli, has been sentenced to the brief time he spent in custody after surrendering in 2022 for his involvement in a scheme to help US taxpayers hide over $60 million in assets. Walchli pleaded guilty in 2023 to conspiracy to defraud the United States by setting up a structure for American clients of Privatbank Ihag to evade tax authorities. The judge, Gregory Woods, handed down the sentence on April 2.
Walchli was a member of the executive board of Zurich's Ihag Holding
Source: News Formal (newsformal.com)
Swiss Executive Prison Time US Taxpayers Tax Evasion Scheme Assets Privatbank Ihag Conspiracy Sentence
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