FORT LAUDERDALE, FL -- A Florida yacht broker has been sentenced to two months in prison for a tax conviction stemming from the U.S. investigation of secret accounts at Swiss bank UBS AG.
British-born Robert Moran faced more than a year in prison Friday, but sought probation because he assisted prosecutors.
U.S. District Judge James I. Cohn said the crime deserved some time behind bars.
Moran, who is also a U.S. citizen, is the third former UBS client to be sentenced in South Florida's federal court in the past two weeks. The 58-year-old pleaded guilty in April to filing a false tax return.
Prosecutors said he used UBS accounts to conceal some $3 million. UBS is turning over hundreds of names of suspected American tax cheats in a deal with the U.S. Justice Department.
