Senate report faults Justice Department on tax evasion

The report faults US authorities and says Credit Suisse aggressively sought US clients

Two Senate lawmakers faulted US authorities for not doing enough to track down the identities of Americans who allegedly attempted to evade federal taxes by holding accounts at Credit Suisse and other Swiss banks.

The lawmakers, in a report released Tuesday, said Zurich-based Credit Suisse aggressively sought business from American customers seeking to hide their Swiss accounts from the US government.

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