Any U.S. client who maintains an undisclosed offshore bank account through LLB will have their information turned over to U.S. authorities.

Supplemental information to the current 2012 IRS Voluntary Disclosure Program to be released.

The release of such information will likely contribute to establishing cases against those U.S. taxpayers currently under investigation.

Credit Suisse advising their U.S. clients to hire a tax controversy lawyer and enter into the IRS’s 2012 Voluntary Disclosure Program in order to avoid potential criminal investigation.

Wegelin & Co. officials fail to appear at a Manhattan court hearing on February 11, 2012!