A wealth manager working for a private bank in Geneva is currently being detained after allegations he swindled tens of millions of francs from investors.
The worker for Hyposwiss Bank could have been defrauding people since the beginning of the century.
Some estimates suggest he could have pocketed as much as CHF 40m. He was arrested at the beginning of the month.
During the initial hearing, he claimed he was attempting to hide massive losses linked to one major client.
Chinese student arrested for spying
A Chinese student has been arrested on suspicion of spying for his country in Switzerland.
Another Geneva church to go
Perhaps a sign of the times, Geneva – the home of the Protestant movement - is losing another protestant church.
New Geneva building to be heated by servers
A new system to recycle heat created by a data centre will be operational this summer.
Snus could be damaging teeth
A dentist in canton Aargau is raising concerns about the damage some of his patients may be causing to their teeth and gums by using ‘snus’ or nicotine pouches.
Pick up after your dog - even in countryside
Dog owners are being warned that’s it’s important to pick up after your pet, even when out in the countryside.
Self-proclaimed king drives across Bundesplatz in Bern
A man who has declared himself a king caused a stir when he drove his own armoured personnel vehicle across the Bundesplatz in Bern over the weekend.
