The document is a verified complaint filed by the United States of America seeking forfeiture of approximately $16.2 million on deposit at UBS AG, held in the name of Wegelin & Co. The funds are subject to forfeiture as they are involved in transactions violating U.S. money laundering laws. The complaint details a conspiracy involving Wegelin & Co., U.S. taxpayers, and other Swiss banks to defraud the United States by concealing undeclared accounts and laundering funds through Wegelin's correspondent account in the U.S. The document outlines the jurisdiction, venue, probable cause for forfeiture, and the means and methods of the conspiracy, including the use of sham entities and correspondent banking to obscure the source of funds.
documents/EFTA01125419.pdf
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