10/09/2019 • Yahoo Finance

CS Victims announces defrauded clients demand return of $150 million of illegal fees from Credit Suisse

GENEVA, Sept. 10, 2019 /PRNewswire/ — Victims of a $1 billion fraud perpetrated by a Credit Suisse Relationship Manager who has since been convicted, have demanded the immediate return of a potential $150 million in commissions and fees paid to the Bank following fraudulent activities and mismanagement on their accounts over an eight-year period, CS Victims, a group of clients who are the victims of crimes, announced today.

The fees paid to Credit Suisse during the fraud include significant amounts generated from management of the affected client accounts and investment in the Bank’s own products and funds.

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