Ex-Swiss banker convicted for selling secret tax data to Germany
A Swiss court has convicted a former UBS banker of economic espionage for selling information about wealthy German tax evaders to German authorities. The 45-year-old has been accused of illegally collecting the bank's data between 2005 and 2012 and selling it for about $1.3 million. A fine of around $125,300 and a 40-month prison sentence have been imposed on him.