Former Credit Suisse banker pleaded guilty in a US trial over Tax case

A Swiss citizen pleaded guilty on Thursday this week for conspiring to defraud the U.S government while she was working at Credit Suisse. 
Susanne D. Ruegg Meier admitted to a Virginia court that while working at Credit Suisse's North American desk in Switzerland from 2002 to 2011, she aided and conspired to help U.S taxpayers evade paying taxes on their incomes. She did this by concealing the earnings and assets of potential taxpayers in secret Swiss bank accounts.

The former banker assisted the bank's US customers in concealing their information from U.S Tax Authority when the bank began closing the accounts of its U.S customers in 2008. 
She last worked as the team head of the North America desk in Zurich, supervising as many as 1,500 client relationships, including about 150 with $400 million in assets that she handled personally, she said in a statement of facts.

The probe led to charges against several other bankers and resulted in Credit Suisse pleading guilty in 2014 to conspiring to aid and assist taxpayers in filing false returns as part of a $2.6 billion settlement.
She is scheduled to be sentenced on September 8. She might be jailed for a maximum of five years. Investigators might also supervise her after she is released. She might also be required to pay a restitution and penalties.

A Credit Suisse spokesman said in a statement that the lender resolved the matter in 2014 and declined to comment further. Ruegg Meier’s attorney, Paula Junghans, declined to comment on the plea.