Swiss Banker Seeks Bail in U.S. Without Going to Court

A Swiss banker accused of helping U.S. clients cheat on their taxes wants a judge to grant him bail without his having to appear first in a New York courtroom.

Stefan Buck, who was Bank Frey & Co.’s head of private banking in Switzerland and an executive board member, was indicted in April 2013 on a charge of conspiring to help clients hide millions of dollars from the Internal Revenue Service in offshore assets.

Buck, who hasn’t appeared in federal court in New York, asked for a bail package without leaving Switzerland, which doesn’t extradite its citizens for tax offenses.

“In a case such as this, where the defendant wishes to leave the ‘safe haven’ of Switzerland to appear in a U.S. court to clear his name, the government, most respectfully, should be open to practical solutions to this laudable result,” according to a Nov. 18 filing by Buck’s attorney Marc Agnifilo.

Read on.

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