Florida judge grants $9 million bail for former UBS banker, Raoul Weil
FORT LAUDERDALE, Fla., Dec 16 (Reuters) - A Florida judge ordered Raoul Weil, a former high-ranking UBS banker charged with tax fraud by U.S. authorities, freed on $9 million bond, on Monday in federal court in Fort Lauderdale.
Weil, a 54-year-old Swiss citizen, is charged with helping Americans dodge taxes via secret Swiss bank accounts.
Weil did not enter a plea and his arraignment was postponed until Jan 7. U.S. Magistrate Judge Patrick Hunt agreed to let Weil stay with friends in New Jersey after putting up the bond, including $4 million in cash.