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Attorney for self-confessed tax cheats defends action for damages against UBS

May 18, 2012 by David Marchant

HIGHLIGHTS

  • UBS clients 'still have claims' against bank despite guilty pleas to tax fraud, says attorney
  • UBS 'improperly froze accounts', 'took money under false pretenses', and 'violated its own Swiss laws by disclosing names' to IRS
The attorney for seven plaintiffs who are suing Swiss bank UBS for exposing them to "unnecessary criminal investigations" and "tarnishing their good names" even though five of them have pleaded guilty to tax crimes has defended the complaint.

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Cayman attorney Michael Wingrave & client Jazeb Jones demonstrate how not to deal with the media
David Marchant
After my blog last year entitled "A Message to Greg Fairley, Ashley Hurst & Anyone Else Thinking of Threatening Me', I didn't think any lawyer client duo would be stupid enough to repeat the mistake of issuing an idle threat