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UBS faces legal move on tax evaders

By Joanna Chung in New York and Haig Simonian in Zurich

Published: June 30 2008 22:35 | Last updated: July 1 2008 00:49

US prosecutors have asked a federal judge to issue a summons requiring UBS to turn over information about US taxpayers who may be using Swiss bank accounts to evade federal income taxes.

The move comes a little over a week after Bradley Birkenfeld, a former UBS private banker, pleaded guilty to charges that he conspired to help a US billionaire evade income taxes.

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