(Bloomberg) A former client of Credit Suisse Group AG who pleaded guilty to hiding $200 million from U.S. tax authorities was sentenced to seven months in prison after a judge granted him leniency for cooperating with prosecutors, a Justice Department official said.
Dan Horsky, a retired business professor from Rochester, New York, was also sentenced to a year of probation, 50 hours of community service and fined $250,000 on Friday in federal court in Alexandria, Virginia. Horksy, 71, pleaded guilty Nov. 4 to using secret Swiss bank accounts to hide assets and income from the Internal Revenue Service and New York tax authorities.
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