Credit Suisse has pled guilty to criminal, not civil, charges related to assisting its clients in evading US income tax. This criminal activity was described by Attorney General Holder as an extensive and wide-ranging conspiracy to help US taxpayers evade taxes. According to the Justice Department, this criminal activity took place for decades and help thousands of US taxpayers evade income taxes.
The result of the criminal plea agreement is that Credit Suisse will only be required to pay a penalty of $2.6B. They are not required to turn over names of tax-evading clients and they keep their banking charter.
We demand true repercussions for this corporate criminal activity and we demand that the US banking charter for Credit Suisse be revoked as a result of this criminal activity.



