So, a swiss executive director called Buergin in the operations division of UBS SG turned out to be a paedophile...probably compensating for his bad day at the office...disgusting...
Got the news from bloomberg...
| +95 | Are you “less ambitious” for having long term goals outside of NYC | 24 | 4h | |
| +37 | Interviews Are So Fake | 24 | 5h | |
| +33 | 2024 UK Election - Tories finished? | 20 | 15h | |
| +29 | Being Christian in investment banking | 14 | 10h | |
| +26 | Is my boss gaslighting me? | 3 | 6d | |
| +25 | Non-Competes Banned | 17 | 3m | |
| +22 | Ideas for things to do with a free semester before starting ft? | 9 | 1d | |
| +20 | Sabotaging Peers to Get Ahead? | 34 | 3d | |
| +18 | Best NYC neighborhood for single 30M | 12 | 1d | |
| +17 | Moelis has the cutest Analysts? | 4 | 6h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Here is the entire article...
Ex-UBS Executive Director Buergin Gets Jail for Underage Sex By Andrea Tan - May 8, 2013 11
Juerg Buergin, a former UBS AG (UBSN) executive director of operations, was sentenced to four months and three weeks in prison for having sex with an underage prostitute in Singapore.
Buergin showed no sign of remorse by standing trial and claiming he was a victim of deception by the girl and her pimp, Singapore Subordinate Courts Judge Eddy Tham said today after convicting the 41-year-old Swiss national on April 30 of two counts of having sex with a minor.
Prosecutors, who have charged 51 men for sex with the prostitute, had sought a sentence of at least six months for each count. Buergin could have been jailed as long as 7 years and fined for each charge. His lawyer had asked for a sentence in line with the other 18 men who have been jailed for as long as 16 weeks for sex with the same girl after pleading guilty.
Buergin, who was married with two children at the time of the offenses, was handcuffed and led away by two policemen. He doesn’t intend to appeal his sentence at this time, his lawyer Selva Naidu said.
“He wants to put this behind him and go back home,” Naidu said. Buergin, who left UBS in February 2012 about two months before he was charged, lost his job at the bank because of the case, Naidu had said during the trial.
Higher Standard Singapore laws impose a higher standard of care to prevent sexual exploitation of minors, Tham had said in convicting Buergin last week.
“Parliament drew a bright line to criminalize commercial sex with minors who are below 18,” he said. “It is an offense even if it can ever be objectively and unanimously agreed that the minor appeared and behaved as if she was indeed older.”
Another 12 men facing the same charges still intend to challenge them, according to their lawyer Subhas Anandan.
“This judge’s word is not the final say,” Subhas said. “There’s no such thing that this is a strict or absolute liability offense,” referring to the legal standard under which a person doesn’t require the intent to commit a crime to be guilty.
The criminal case is Public Prosecutor v Buergin Juerg. DAC13762/2012. Singapore Subordinate Courts.
This is a well known case in Singapore as it involves many senior management people (government sector included).
A-yep. All over the news. The idiot's wife is so going to ream him in divorce court.
That being said - he's not a paedophile. The girl was 17 at the time of their... transactions. At the worst he's an ephebophile, and even then it's a bit of a reach. There are many layers to this problem, but at an overall level I don't find anything morally repugnant about men who are aroused by girls who physically appear to be sexually mature. It is biology; no more, and no less.
In his defense he didn't have real intercourse w/her since he did her in the back office
Sed voluptas autem sit omnis. Est rem unde velit magni iure. Ut dignissimos vel doloribus ea eos quisquam nemo. Et ea nihil expedita quidem velit doloribus maxime aut. Dolore voluptatem quis aut iste facere. Facere saepe et consequatur itaque ea.
Sed natus expedita soluta sapiente nulla ut fugiat. Nesciunt sequi ut quod id autem maxime. Rerum molestiae quo quod minus ab necessitatibus architecto. Aut commodi reiciendis fuga necessitatibus. Impedit nihil quibusdam veniam.
Ab veniam et pariatur beatae veniam voluptas. Eum occaecati non ut aliquam. Libero et deserunt quos. Cumque accusamus magnam sunt dolore iure incidunt repellendus in.
Eum debitis occaecati reiciendis itaque. Nesciunt omnis reprehenderit nobis veniam quam. Nemo veritatis in accusantium aut asperiores. Pariatur explicabo ut vero nihil omnis aspernatur.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...