Julius Baer tax data theft case before Swiss court

Swiss bank Julius Baer tax data theft case before nation's top criminal court

Associated Press

GENEVA (AP) -- The Swiss federal prosecutor's office is pressing charges against a former employee of private bank Julius Baer suspected of stealing confidential client information and passing it on to German tax investigators.

In a statement Friday the Bern prosecutor's office says the case is before the nation's highest criminal court in Bellinzona.

Prosecutors say a German IT specialist arrested in July 2012 faces charges of copying data from German and Dutch clients in 2011 and attempting to sell them through a retired German tax inspector.

Authorities in the German state of North Rhine-Westphalia have been buying CDs containing information about Germans suspected of hiding money in Swiss bank accounts.

Julius Baer filed criminal charges against the ex-employee and his wife, but prosecutors say the case against his wife has been dismissed.

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