Global Investigations Review - The law and practice of international investigations

Prime Partners avoids criminal prosecution with US tax evasion settlement

By Euan Conley

16 August 2017

Prime Partners avoids criminal prosecution with US tax evasion settlement       Prime Partner is based in Geneva istockphoto.com/elenarts

Swiss asset management company Prime Partners has entered into a non-prosecution agreement and agreed to pay a US$5 million penalty to settle tax evasion charges, the US Department of Justice announced on 15 August.