US accountant pleads guilty in UBS tax fraud case

Steven Michael Rubinstein, a Florida-based accountant for an international yacht company, admitted to the felony charge of hiding money in a UBS Swiss account. He used the name of Hybridge International, a sham company in the British Virgin Islands, a federal court in Miami revealed. Rubinstein is the first US taxpayer charges after UBS surrendered 250 customer names to the IRS to avoid prosecution for helping wealthy Americans dodge taxes. He pleaded guilty to filing a false return in 2004 and failing to disclose UBS accounts from 2001 to 2007. The US is embroiled in a bitter disput...