BUSINESS
09/18/2009 05:12 am ET | Updated May 25, 2011

150 U.S.-Based UBS Clients To Be Charged With Tax Evasion

MIAMI (Reuters) - The United States is building criminal cases against more than 150 American clients of Swiss bank UBS as part of a crackdown on tax evasion now made easier by a deal over access to secret account information.

U.S. prosecutors gave their first official confirmation of the initial number of criminal investigations in a filing on Tuesday with a federal court in Fort Lauderdale, Florida.

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