“France’s former budget minister Jérôme Cahuzac confessed on Tuesday to having hidden €600,000 ($770,000) in foreign bank accounts for the last 20 years, reversing repeated denials weeks after a probe was launched into his alleged Swiss account. The minister, who faces five years in prison and a fine of up to €375,000 said he had been ‘caught up in a spiral of lies and lost his way.’ Cahuzac had been leading the government’s charge against wealthy French citizens evading taxes through foreign accounts.”
http://www.thelocal.ch/page/view/french-ex-minister-charged-in-swiss-account-scandal
Related posts:
Team Trump Will Not Sanction Russian Bonds After All
Hedge fund mogul Paulson: Gold is now 'fairly valued'
Levi Chavez, ex-New Mexico police officer, acquitted of wife's murder
Bakken Oil Explorers Told to Cut Flaring or Face Oil Production Caps
Florida court rules threats on Facebook can be prosecuted
Grandmother sues city, police department over flash grenade incident
Biden calls Ecuador’s president about NSA leaker Snowden
White House faces high bar on Syria after Bush Administration’s Iraq lies
Gold Buyers = Dalio, Gross, Soros and Paulson
NSA admits: Our analysts ‘willfully violated’ rules of surveillance system
Mom faces arrest after bringing breast-fed newborn to jury duty
The fight to avoid a sixth euro-zone bail-out reaches a climax
Inside the World’s Most Elite (and Secret) Traders’ Club
Most Untrustworthy US Police Departments Receive Military Weapons
Merger mania returns to 2007 levels