Not only is the Department of Justice getting desperate with finding and convicting alleged guilty Swiss Bankers - now a New York Federal Prosecutor is joining the race

New York federal prosecutors said on Thursday that they indicted a former Rahn & Bodmer Co. executive for allegedly helping some of the Swiss bank’s clients hide hundreds of millions of dollars in assets from the Internal Revenue Service.
Martin Dunki allegedly conspired with his clients for more than a decade to help them evade taxes, creating a series of sham foundations chartered in foreign countries and following the announced federal investigation into UBS AG, used his clients assets to buy gold to further conceal the activities.

Martin Dunki, who retired from the bank in 2012, was charged with one count of conspiracy in an indictment filed in federal court in New York. The bank was not named in court papers, but was described as purporting to be the oldest private bank in Zurich, a description that Rahn & Bodmer uses on its website.
"Martin Dunki went to great lengths to help his U.S. taxpayer clients secret away millions of dollars in Swiss bank accounts," Manhattan U.S. Attorney Preet Bharara said in a statement.
Dunki, 66, who lives in Switzerland, has not been arrested and has no known lawyer, according to U.S. prosecutors.
Camellia Plc, where Dunki is a non-executive director, did not reply to emails seeking comment from the defendant.
Rahn & Bodmer, which was established in 1750 and has 12 billion Swiss francs ($12.45 billion) under management, confirmed in September 2013 that it was under investigation. It did not respond to a request for comment on Thursday after normal business hours.

Earlier this month, Raoul Weil, who once led UBS AG's global wealth management unit, was acquitted on charges of conspiring to help Americans hide $20 billion in offshore accounts.
U.S. prosecutors said Dunki led a similar conspiracy at Rahn & Bodmer from 1995 to 2012, helping Americans hide hundreds of millions of dollars in undeclared accounts. One taxpayer hid nearly $300 million with Dunki's help, prosecutors said.
Starting in 1999, Dunki, Zurich-based lawyer Edgar Paltzer and an unidentified lawyer in Santa Barbara, California, began working together to manage undeclared accounts at Rahn & Bodmer, prosecutors said.
Paltzer, a dual U.S.-Swiss citizen, pleaded guilty in August 2013 to conspiracy and agreed to cooperate with U.S. authorities.
"Mr. Paltzer continues to cooperate with the U.S. Attorney's office," said Thomas Ostrander, a lawyer with the firm Duane Morris who represents Paltzer, without commenting on the substance of Thursday's indictment.

The facts should make this an easy case and that is why Bharara picked it after recent defeats : Martin Dunki lives in CH and is already 66 years old and more or less retired and was a relatively "small fish" being a former vice president at a small swiss private bank Rahn & Bodmer. Dunki is charged with just 1!! count of conspiracy to defraud the US Internal Revenue Service, a charge which brings a maximum 5 years in prison. His co-conspirator Edward Paltzer (US-Swiss dual) pleaded guilty already in August 2013 to conspiracy and agreed to cooperate with U.S. authorities.
Now I would assume that Dunki has no further "valuable facts,names etc," to plead with as it was the case with his former partner Paltzer. Why would he want to stand trial in the US - compared to Raoul Weil he has nothing to gain or to expect but a sure prison term ? CH will not extradite him. 1. Trial without him, 2. conviction without him and 3. stamped fugitive from justice but 4. in reality for a 66 year old retiree : Dunki stays within CH and Case closed !