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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. 

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