30 Apr '13, 11am

Ex-UBS executive convicted of paid sex with underage girl in Singapore

Ex-UBS executive convicted of paid sex with underage girl in Singapore

Former UBS AG (UBSN) Executive Director Juerg Buergin was convicted of two charges of having paid sex with an underage prostitute in Singapore, with the judge saying that mistaking a minor’s age isn’t a defense. Singapore’s laws impose a higher standard of care to prevent the sexual exploitation of minors, subordinate court Judge Eddy Tham said today. Buergin, who could be jailed for as long as seven years and fined for each charge, will be sentenced on May 8. Buergin, 41, had pleaded not guilty with his lawyer arguing that the then 17-year-old girl and her pimp had conspired to deceive the Swiss national that she was 18. Prosecutors, who have charged 51 men for sex with the prostitute, said the relevant Singapore law makes it an absolute liability offense. Buergin is the first of the men to plead not guilty and stand trial. Prosecutor Kavitha Uthrapathy asked for a deterr...

Full article: http://www.bloomberg.com/news/2013-04-30/ex-ubs-executive...

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