The Daily Caveat is written by Michael Thomas, a recovering corporate investigator in the Washington, DC-area. [More]
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12/05/2008
CEO Suicide at Julius Baer?
CEO Suicide at Julius Baer?
It has been reported that Julius Baer bank CEO, Alex Widmer has died. While the bank initially released a statement that the death was a result of an unspecified illness, family friends have publicly referred to the untimely passing as suicide. Swiss authorities have thus far refused to offer their own confirmation one way or the other.
Julius Baer has recently faced an investigation into assisting its clients with evading taxes leading to a nasty legal fight over the exposure of stolen bank records, (see Rudolf Elmer) which saw the bank at odds with the public disclosure advocates at Wikileaks.org. More on Elmer's role in all this can be found right here.
No way to say yet whether these travails had any bearing on Widmer's passing. Something is sure to be confirmed shortly, one way other the other.
-- MDT
Labels: Alex Widmer, Julius Baer, revenge, Rudolph Elmer, suicide, tax evasion, whistleblower
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