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Ex-UBS Executive Sues Bank Over Bonus Lost in Film-Tax Scheme

A former UBS Group AG executive is suing the bank after claiming he was invited to invest in a “free punt” movie tax-break scheme that was eventually investigated by U.K. authorities.Steven White, who was the bank’s global head of HR services, is seeking damages from UBS after investing 40,000 pounds ($56,700) in the Ingenious film investment scheme that’s been labeled as tax avoidance by the U.K. White, who said he couldn’t afford to gamble...
City Of London City Of United Kingdom Steven White Holdings Plc Wholly Without
Source: msn.com

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