Credit Suisse Is Charged by DOJ

The U.S. filed charges today against Credit Suisse in Virginia for conspiring to help American taxpayers evade  taxes through the use of secret offshore accounts.  The charges were filed as an information indictment that means the defendant agreed to the form of the information indictment pre-filing.  Practically speaking, because an information was filed, it indicates that Credit Suisse and the U.S. have already negotiated a plea agreement; however, it is still subject to the Court accepting the plea and then entering a form of sentence/punishment.