Irina Staro

UBS Fines, Lawsuits and Allegations

Banks conspirancy 1
Dear reader,
Today, on 23 September 2021, at the distance of two years since we first publish it and since our trial at the Supreme Court was vacated on the ground that UBS has no witnesses, as they still don’t have, we thought to update with the most recent chronology the post below regarding UBS’ malpractices and law-offenses around the world, available to the public.
Firstly there is Wikipedia page with the last updates regarding the tax investigations in different countries around the globe.
We believe that the below information is self-explanatory about our “reputable’ adversary.
Please read, take your time to visit links and read articles, court documents exposed here below.
Since February 2019, we see :
– December 2019 UBS bid against US government was dismissed and it continue to be sued for ” making investors suffer “catastrophic” losses in residential mortgage-backed securities (RMBS) sold prior to the 2008 financial crisis for the securities baked loans”, as from the article linked here;
– August 2020, a wealthy widow suing UBS for Florida and Ohio alleged misconduct of it’s financial advisors;
– November 2020, Chinese tycoon sued UBS for the loss of  $500 MILLION due their wrong investment policy and advises;
– February 2021, true to it’s great respect towards it’s own employee, UBS was sued by it’s ex-executive;
– July 2021 UBS to pay $8 MILLION in the settlement with SEC,  charges for failure to insure compliance among its financial advisors;
– July 2021, Swedish Pension fund filled lawsuit against UBS for not acting in the interest of investors and causing loss;
– As for August 2021, the lawsuit for the investors damaged in UBS’ YES strategy is continue to see new victims join the class action.
And as before, here are

Top twelve UBS’ fines (from the https://lucifersbanker.com/ubs-fines/ )

  1. February 21, 2019 Offshore Tax Evasion and Money Laundering in France FINE: $5.1 BILLION
  2. March 21, 2018
    Mortgage Securities Probe
    FINE: $230 MILLION
  3. May 1, 2017
    Mortgage-Backed Securities Fraud
    FINE: $445 MILLION
  4. January 5, 2017
    Currency Markets and Benchmark Interest Rates Rigging
    FINE: $203 MILLION
  5. May 20, 2015
    Currency Market and LIBOR Scandal
    FINE: $545 MILLION
  6. July 29, 2014
    Offshore Tax Evasion in Germany
    FINE: $403 MILLION
  7. July 25, 2013
    Mortgage-Backed Securities Fraud
    FINE: $885 MILLION
  8. December 19, 2012
    Currency Market LIBOR Rigging
    FINE: $1.5 BILLION
  9. February 18, 2009
    Offshore Tax Evasion in the United States
    FINE: $780 MILLION
  10. May 10, 2004
    Illegal Transfer of US Currency to Embargoed Countries
    FINE: $100 MILLION
  11. 2023 UBS Agrees to Pay $1.435 Billion to Resolve Claims. in U.S. Mortgage-Backed Securities
  12. 2025 helping French clients hide assets in Swiss accounts for tax evasion; after protracted litigation, in September 2025 UBS agreed to a settlement of €835 million GRAND TOTAL: $12,470,000,000

UBS’ former private banker, who became whist blower, revealed UBS’s true nature in the bestselling book, after spending 30 months in jail and receiving aan ward of $104 mln https://lucifersbanker.com/ubs-articles/

And if you happened to work for UBS and unexpectedly die, they are there to “respect” your survivors rights https://advisorhub.com/ubs-brokers-widow-sues-for-survivor-benefit-of-685k/
UBS’ Nazi collaboration
UBS’ terrorism financing
UBS’ money laundering, corruption, tax avoiding, investment fraud

3 comments

  2. […] UBS is now attempting to frustrate the court process one final time… if they are successful in obtaining the permission to sell our house at a third of its appraised value, this will deprive us of any possibility to pursue our claims against UBS and Credit Suisse, both clients of the same law firm here in the Bahamas. […]

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