A former banker at a Credit Suisse Group unit facing a July 2011 indictment on a tax conspiracy charge is scheduled to plead guilty today in federal court in Virginia, according to court records.
Andreas Bachmann, a Swiss citizen, was arrested yesterday and appeared in court in Alexandria, where a magistrate released him on bail. Bachmann and six other bankers at Zurich-based Credit Suisse, the second-largest Swiss bank, are charged in the indictment with conspiring to help U.S. clients hide $4 billion in assets from the Internal Revenue Service.
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