Olenicoff Sues UBS
Orange County Billionaire Igor Olenicoff sued UBS, the Swiss Banking Giant, alleging that they conned him into breaking US Tax Laws. Mr. Olenicoff is alleging that when a giant company tells you that they will obey the law everything just has to be kosher. Mr. Olenicoff, as you may remember, received a very light sentence after pleading guilty to tax evasion.
In any case, this should make for some interesting reading in the coming months.
In any case, this should make for some interesting reading in the coming months.