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(Bloomberg) -- A Swiss banker accused of helping U.S. clients cheat on their taxes won’t get bail because he has failed to come to New York to answer the criminal charge, a judge ruled.
Stefan Buck, who was Bank Frey & Co.’s head of private banking in Switzerland and an executive board member, was indicted by the U.S. in 2013 for conspiring to help clients hide millions of dollars from the Internal Revenue Service. U.S. District Judge Victor Marrero in New York today denied Buck’s request for bail. Buck remained in Switzerland while asking for bail.
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