U.S. prosecutors are accusing Swiss bank Julius Baer of helping more than 400 Americans hide undeclared money from the taxman, according to a ruling made public by a Swiss court on Wednesday. The 34-page ruling, which paraphrased an IRS request for judicial aid and did not provide supporting documents, is the fullest public picture so far of the case against Julius Baer, one of a dozen of Swiss banks that are the subject of a criminal investigation in the United States into tax evasion. According to the Swiss ruling, U.S. tax authorities alleged at least 400 Americans hid more than $600 million from the IRS. Julius Baer private bankers used "codenames and numbers", as well as "travelling account statements", to conceal the identity of the account owners, the court document stated. The bank also advised wealthy Americans to use "sham corporate entities" to hide their money and ensured that bank correspondence wouldn't be sent to them in the United States in order to avoid detection,
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