Replies to post #72985 on Traders of the Caribbean

[GuruTrader]

US accountant granted bail in UBS tax case
US accountant gets release on $12M bail in UBS tax investigation of alleged hidden assets
Curt Anderson, AP Legal Affairs Writer
Wednesday April 8, 2009, 12:30 pm EDT
Buzz up! Print Related:UBS AG
FORT LAUDERDALE, Fla. (AP) -- A Florida accountant charged in a federal tax investigation of Swiss banking giant UBS AG is being released on $12 million bail.

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{"s" : "ubs","k" : "c10,l10,p20,t10","o" : "","j" : ""} A federal magistrate set bail Wednesday for 55-year-old Steven Michael Rubinstein. The Boca Raton accountant is the first U.S. citizen charged in a wide-ranging probe into wealthy Americans' hidden assets at UBS. The Internal Revenue Service is also seeking the names of some 52,000 U.S. citizens who may have dodged taxes using UBS accounts.

Rubinstein has been jailed since his arrest last week. He is charged with filing a false 2007 tax return that didn't report income earned on his UBS account.

He is scheduled to enter a plea later this month. His attorney has declined comment.

[BullsEye]

Probably means we sent in the Navy Seals already