Tax evasion tip-off leaves Credit Suisse facing more investigations

‘Swiss multinational bank Credit Suisse has become the target of another probe, suspected of helping clients evade taxes. Dutch prosecutors started an inquiry after a tip-off about thousands of doubtful accounts.
According to the Dutch office for financial crimes prosecution (FIOD), coordinated raids in the Netherlands, Britain, Germany, France and Australia were staged earlier this week with two arrests confirmed so far.
The Dutch prosecutors are “investigating dozens of people who are suspected of tax fraud and money laundering,” according to the FIOD. The investigators say the suspects deposited cash in another Swiss bank without disclosing it to authorities. The name of the bank involved hasn’t been disclosed.’
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