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CS Victims has been established by the representatives of clients of Credit Suisse.

They are victims of an estimated $1billion fraud perpetrated by the Bank’s personnel. Over many years, client funds have been stolen and mismanaged and, to date, Credit Suisse has yet to explain how its personnel were able to bypass compliance and risk management or why better controls were not in place or adequate enough to stop them from doing what they did.

The crimes are currently being investigated by the Geneva prosecutor who has recently called other Credit Suisse employees to explain their actions.

In November 2021, a trial started in Bermuda relating to losses of $400m incurred as a result of mismanagement and fraud at CS Life (Bermuda). The trial follows a decision by the Supreme Court to provide documents including the FINMA report, the PwC investigation and correspondence between Credit Suisse AG and CS Life. Click here for the latest reports.

Current and potential customers should ask themselves: is my money safe with this Bank? If you believe that you have been affected in the same or a similar way or are concerned for any reason at all, please fill in the contact form here and we will respond.

Credit Suisse needs be held accountable for its failures and take responsibility for any and all wrongdoing by its personnel.

Latest news
17/11
Bloomberg
17/11/2021 • Bloomberg

Credit Suisse Draws Billionaire’s Scorn for ‘Shocking’ Treatment

A Georgian billionaire pursuing Credit Suisse Group AG across the world for hundreds of millions of dollars he lost to fraud said his treatment by the bank was worse than anything he saw in the freewheeling days of finance in post-Soviet Russia.

Read More
16/11/2021 • BusinessWorld

Credit Suisse trial may lift lid on banker’s fraud scheme

An offshore unit of Credit Suisse Group AG goes to court Monday in a case that could lift the lid on how a rogue Geneva employee got away with defrauding some of the firm’s richest clients for nearly a decade.

10/11/2021 • The Wall Street Journal

Credit Suisse Legal Woes Weigh on Revamp Plan

Even before the twin disasters of Archegos and Greensill, the scandal-prone bank was among the world’s most heavily fined.