January 22, 2025|
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|11 months agoSwiss Banker Hottinguer Faces French Tax Fraud Trial
Paul Hottinguer, from one of Switzerland's most prominent banking families, to stand trial in Paris for alleged €8.7 million tax fraud through false Swiss residency claims.
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Generated IllustrationKey Takeaways
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- Paul Hottinguer, 82, is a member of one of Switzerland's most prominent banking families
- The trial is scheduled for June 2 and 4 in Paris Criminal Court
- Hottinguer allegedly concealed €8.7 million in income through false Swiss residency claims
- The investigation was launched in 2019 following a tax authority complaint
By The Numbers
€8.7 million
Concealed Income
€3.1 million
Estimated Evaded Taxes
€7.7 million
Hidden Assets for Wealth Tax
They Said
"Paul Hottinger denies the allegations. During the investigation, he stated that he was not a French tax resident during the years in question and he paid his taxes in Switzerland"