“A former top executive at Swiss banking giant UBS wanted in the United States for allegedly helping wealthy Americans hide $20 billion from the taxman has been arrested in Italy, police said on Sunday. Raoul Weil, 54, had been staying in a luxury hotel in the city of Bologna where he checked in under his real name, triggering a police check because he is on an international fugitive list. Weil, who was chairman of the global wealth management service at UBS in Zurich, was indicted by a federal grand jury in 2008 for his alleged role in overseeing the US cross-border business. The Swiss national always denied the charges and had been declared a fugitive by the US courts.”
http://www.thelocal.ch/20131020/fugitive-ubs-exec-arrested-in-italian-hotel
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