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Those feds are as sure being kept busy: Now UBS' former wealth management head has been declared a fugitive

Raoul Weil

The former head of UBS AG's wealth management business, Raoul Weil, was formally declared a fugitive on Tuesday after failing to surrender to U.S. authorities on charges of conspiring to help wealthy Americans hide assets from U.S. tax authorities.

Prosecutors in Miami released a copy of a judge's brief order putting Weil on the court's fugitive list, but said they would have no further comment.

U.S. declares former UBS banker Weil a fugitive - Reuters

January 14, 2009 |

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