2022 Man of Year: Pierin Vincentnz

Swiss banks are not what they used to be.

You could stash your tax-free gains in their vaults back in the day. Before you go to Gstaad, do some white collar crime. après-skiBeware: Switzerland is now extremely lame. Ask Pierin Vincenz.

This year, the former Swiss bank CEO at 65 was charged with financial crimes. He allegedly conspired with the infamously-named Beat Stocker. According to Swiss authorities, Vincenz and Stocker earned more than $27 million through the acquisition of shares in companies that they then arranged for Raiffeisen to sell to them. Raiffeisen is the bank Vincenz controlled.

This seems to be the kind of thing that the Swiss financial systems were built for. Cancel culture prevailed in a war zone where many warring countries failed. It got the once-neutral country to stand firm on the side the feds and snitches. Swiss authorities are now going through Vincenz’s expense records like a revengeful human resource director.

We are not like the chocolate-covered deselicts who rake this captain of industry over coals. Washington Free Beacon Still believe in capitalism. We believe in capitalism so we accept Vincenz’s word that there was a legitimate reason for each business expense.

—$4,000 to a Hyatt in Zurich for damaging a hotel room during a “massive” Fight with a stripper. Did he have to go?

—$750 for a Tinder date Vincenz claims was actually a job interview. We found half of our staff on JSwipe so who are you to judge?

—$216,000 in strip club charges the financier claimed were necessary to meet potential clients. Yes, networking is important.

—$30,000 Vincenz spent chartering a private jet You can find out more about a “cooking club” Trip to Mallorca This may not pass the smell test. Didn’t the strip club have a buffet?

Vincenz stated that he was defending his spending during the trial. “I don’t have the feeling I have done anything criminal here.”

We are in agreement. We agree. sentenced him He was sentenced to four years imprisonment and ordered to pay millions in fines, restitution and other costs.

It is not clear if Vincenz will be removed from Switzerland. “Banker of the Year” He was awarded the title in 2014. In the unlikely event that they do, we would like to offer him something to make up the difference. Congratulations,

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