BUSINESS
05/03/2009 05:12 am ET | Updated May 25, 2011

UBS Tax Probe: US Citizen Charged, First One

MIAMI (AP) -- A yacht company accountant became the first U.S. citizen Thursday to be charged in the government's investigation into wealthy citizens who hid assets from tax collectors in the Swiss bank UBS AG.

The U.S. Attorney's Office said Steven Michael Rubinstein, 55, of Boca Raton appeared in U.S. District Court in Fort Lauderdale on charges of filing a false tax return. He was ordered held until a hearing next week.

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