https://feeds.thelocal.com/ Read the latest news and views from Switzerland in English en-us news@thelocal.com (TheLocal) webmaster@thelocal.com (TheLocal) TheLocal RSS Feed While the overall rate of crime has fallen in Switzerland in recent times, the incidence of cybercrime is increasing dramatically. https://www.thelocal.ch/20190502/cybercrime-in-switzerland-the-ultimate-survivors-guide-law-crime Thu, 02 May 2019 22:18:21 +0200 cybercrime-in-switzerland-the-ultimate-survivors-guide-law-crime Swiss authorities are warning the public against the most common current online, telephone and postal scams and issuing useful advice on how to avoid these shady schemes. https://www.thelocal.ch/20210310/how-to-avoid-the-most-common-online-scams-in-switzerland Wed, 10 Mar 2021 12:50:29 +0100 how-to-avoid-the-most-common-online-scams-in-switzerland Credit Suisse said Friday it was deceived by three former employees accused by US prosecutors of orchestrating $2 billion in dodgy loans to Mozambique, and pledged to cooperate with a US investigation. https://www.thelocal.ch/20190104/credit-suisse-pledges-cooperation-in-2-billion-us-fraud-probe Fri, 04 Jan 2019 14:04:58 +0100 credit-suisse-pledges-cooperation-in-2-billion-us-fraud-probe US authorities on Thursday sued Swiss banking giant UBS, accusing the European lender of fraud in the sale of mortgage-backed securities prior to the global financial crisis. https://www.thelocal.ch/20181109/us-sues-swiss-banking-giants-ubs-alleging-fraud-in-financial-crisis-mortgage-backed-securities Fri, 09 Nov 2018 09:36:44 +0100 us-sues-swiss-banking-giants-ubs-alleging-fraud-in-financial-crisis-mortgage-backed-securities In the latest scandal to hit the world of Geneva politics, prosecutors have opened formal investigations into members of the city council and other high-ranking officials after they ran up huge expenses. https://www.thelocal.ch/20181108/geneva-expenses-scandal-prosecutors-to-investigate-bling-spending Thu, 08 Nov 2018 11:21:44 +0100 geneva-expenses-scandal-prosecutors-to-investigate-bling-spending A Briton accused of swindling a woman out of her life's savings while pretending be a spy posing as a banker has been arrested in Switzerland, British authorities said on Tuesday. https://www.thelocal.ch/20180704/uk-conman-who-posed-as-mi6-agent-arrested-in-zurich Wed, 04 Jul 2018 10:15:55 +0200 uk-conman-who-posed-as-mi6-agent-arrested-in-zurich The Red Cross has uncovered several cases of fraud by officials during efforts to combat the Ebola outbreak that struck West Africa in 2014-2016, estimating losses of $6 million (€5.2 million). https://www.thelocal.ch/20171105/red-cross-admits-6-million-fraud-during-ebola-crisis Sun, 05 Nov 2017 16:18:29 +0100 red-cross-admits-6-million-fraud-during-ebola-crisis Police in Bern are warning against the threat of fraudsters who have swindled 440,000 francs ($445,000) out of people looking for love on internet dating sites and social media. https://www.thelocal.ch/20160713/online-scammers-target-lovelorn-in-bern Wed, 13 Jul 2016 10:57:59 +0200 online-scammers-target-lovelorn-in-bern A Swiss-based IT worker arrested earlier this month on suspicion of stealing documents from the law firm at the centre of the Panama Papers scandal was released from custody on Friday, his lawyer said. https://www.thelocal.ch/20160625/swiss-based-it-worker-at-panama-papers-firm-released Sat, 25 Jun 2016 18:35:46 +0200 swiss-based-it-worker-at-panama-papers-firm-released The CEO of Credit Suisse said on Tuesday the bank does not endorse offshore accounts for tax avoidance or shady dealings, the latest bank to defend itself against accusations made in the Panama Papers leak. https://www.thelocal.ch/20160405/swiss-banks-defend-themselves-over-offshore-dealings Tue, 05 Apr 2016 17:42:17 +0200 swiss-banks-defend-themselves-over-offshore-dealings Swiss bank UBS, banned Uefa boss Michel Platini and the former secretary general of Fifa are among those named in leaked documents as being connected to secret offshore companies. https://www.thelocal.ch/20160404/swiss-banks-and-fifa-figures-tied-to-offshore-activity Mon, 04 Apr 2016 12:21:18 +0200 swiss-banks-and-fifa-figures-tied-to-offshore-activity Offshore schemes operated by Swiss bank UBS and Germany's Deutsche Bank in a bid to avoid paying income tax on bankers' bonuses are not exempt from tax, the Supreme Court in London ruled Wednesday. https://www.thelocal.ch/20160310/london-court-slams-ubs-offshore-tax-schemes Thu, 10 Mar 2016 09:21:47 +0100 london-court-slams-ubs-offshore-tax-schemes France on Wednesday launched an official investigation into the French subsidiary of Swiss banking giant UBS for alleged witness intimidation, a source close to the case told AFP. https://www.thelocal.ch/20160303/further-suspicions-land-on-french-ubs Thu, 03 Mar 2016 09:35:24 +0100 further-suspicions-land-on-french-ubs Belgium on Friday charged Swiss banking giant UBS with "serious and organised" fiscal fraud for encouraging clients to cheat on their taxes, as well as being involved in money laundering. https://www.thelocal.ch/20160226/belgium-charges-swiss-banking-giant-with-fraud Fri, 26 Feb 2016 13:09:34 +0100 belgium-charges-swiss-banking-giant-with-fraud Swiss banking giant UBS on Tuesday posted a 79-percent higher net profit for 2015, beating analyst expectations, with tax benefits offsetting a difficult fourth quarter hit by market turmoil. https://www.thelocal.ch/20160202/ubs-shares-slide-despite-soaring-profits Tue, 02 Feb 2016 13:37:12 +0100 ubs-shares-slide-despite-soaring-profits Europe's human rights court dismissed a complaint Tuesday by an American client of Swiss banking giant UBS who had contested the legality of giving his bank account details to US authorities probing possible tax evasion. https://www.thelocal.ch/20151222/claim-against-releasing-bank-details-to-us-rejected Tue, 22 Dec 2015 23:43:37 +0100 claim-against-releasing-bank-details-to-us-rejected Swiss financial authorities have banned six former UBS traders and managers from working in Switzerland’s financial industry for periods ranging from one to five years. https://www.thelocal.ch/20151217/ex-ubs-employees-banned-for-illegal-trading Thu, 17 Dec 2015 13:04:42 +0100 ex-ubs-employees-banned-for-illegal-trading Greek prosecutors are investigating around 200 cases of alleged tax fraud and money laundering after raiding an Athens office of Swiss bank UBS, a judicial source said on Tuesday. https://www.thelocal.ch/20151215/greeks-probe-200-tax-fraud-cases-linked-to-ubs Tue, 15 Dec 2015 17:06:29 +0100 greeks-probe-200-tax-fraud-cases-linked-to-ubs French judges have charged a former top-level banker at UBS with tax evasion as part of a probe into the Swiss banking giant, judicial sources said on Thursday. https://www.thelocal.ch/20151009/ubs-banker-charged-in-tax-evasion-probe Fri, 09 Oct 2015 10:44:29 +0200 ubs-banker-charged-in-tax-evasion-probe Swiss authorities will repay creditors around 700,000 francs in embezzled funds stashed in a Swiss bank account, in one of Norway's biggest-ever bankruptcies, prosecutors said this week. https://www.thelocal.ch/20150829/swiss-repay-norwegian-creditors-after-fraud-conviction Sat, 29 Aug 2015 17:25:50 +0200 swiss-repay-norwegian-creditors-after-fraud-conviction