Anti-Financial Crime & Financial Crime Compliance
Leadership | Insight | Network

Banking, Financial Services, News

NEWS: Former top banker spent €204K at cabarets and strip clubs in ‘Tour De Suisse’ as Swiss fraud trial continues

By Alisha Houlihan for AMLi

A former top banker accused of fraud, embezzlement and forgery spent more than CHF 216K (€204K) at “cabarets, strip clubs and contact bars”, during what they called the “Tour De Suisse” through Switzerland’s red-light districts.  

The former ‘Banker of the Year’ told the court these expenses were needed to meet potential clients and associates. 

AML Intelligence
Subscribe now to have unlimited access

With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!