Kamis, 14 April 2022

Banker Pierin Vincenz put strip clubs on expenses - The Times

A man once named banker of the year in Switzerland has been jailed for fraud after a court was told that he paid for strip clubs, Tinder dates and holidays on expenses.

Pierin Vincenz was sentenced to nearly four years at the end of a trial that has gripped Switzerland and had to be moved from a Zurich courthouse to a concert hall because of the public interest.

The former chief executive of Raiffeisen bank had also made millions through illicit business deals, prosecutors said. A former consultant to the bank, Beat Stocker, was also handed a four-year prison sentence after being found guilty of fraud and forgery.

Vincenz, 65, told the court that a near-200,000 Swiss franc (£163,460) expenses bill for strip club visits

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2022-04-14 08:00:00Z
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